The Liberal Democratic Party (Serbian: Либерално демократска партија, romanized: Liberalno demokratska partija, abbr.

Jovanović had become critical of the new direction of the Democratic Party and its newly elected president, Boris Tadić.

Members of the foundation board were: Nenad Prokić, Nikola Samardžić, Branislav Lečić and Đorđe Đukić.

LDP's activity decreased following the 2018 Belgrade City Assembly election, mainly due to the size of the party's debt.

[17] The LDP's first electoral performance was during the 2007 Serbian parliamentary election, the LDP ran in a coalition together with the Civic Alliance of Serbia, the Social Democratic Union and the League of Social Democrats of Vojvodina which collectively received 5.31% of the popular vote.

The Liberal Democratic Party competed in the 2012 Serbian parliamentary election as part of the U-Turn coalition.