Nou Kollan Foundation (NKF) is designed to facilitate the serving and retired personnel and their families of Bangladesh Navy. It is expected that NKF will enhance its capacity and engage substantially in the welfare activities of veteran personnel. Like never before, the Chief of Naval Staff, who is also the chairman of NKF, has kindly donated Tk 10 lac per year for the treatment of critical diseases of BN veterans. The donation will be processed through normal BNBF grant as being practiced in BN.