LogoEndowment
serves as the financial basis for the Foundation’s charitable programs, ensuring the long-term continuity and sustainability of our mission
The goal of the endowment is to ensure the Foundation’s operations and the implementation of its charitable programs.
The establishment of the endowment in 2022 marked an important milestone in the Foundation’s history: this step strengthened the resilience of the non-profit sector and laid the groundwork for fulfilling our mission for decades to come. The endowment ensures that support is provided not only today, but also tomorrow — to future students and professionals for whom the resources for professional growth, engagement, and new opportunities are preserved and expanded.
How Endowments Work
Today, the Foundation’s charitable programs generate a direct social impact, transforming people’s lives here and now. Creating an endowment is an investment in future generations. It ensures the long-term sustainability of the Foundation’s mission. Supporting and developing the philanthropic infrastructure helps maintain the resilience of the entire sector and creates the conditions for its continuous and effective work.
Our endowments are established within the organization, while asset management is carried out by external professional managers.
Endowment Growth
Net asset value, billion rubles
91
End of 202285.4
End of 202393.3
End of 2024Investment Management
For us, the endowment is more than just a financial instrument — it is a guarantee that the Foundation’s mission will continue in the long term, and that support for culture, education, social sports, and the social sphere will remain consistent and strategic.
Assets under management as of December 31, 2024, billion RUB
Endowment 1
6,026
Endowment 2
22,450
Endowment 3
16,922
Endowment 4
16,165
Endowment 5
15,386
Endowment 6
16,324
Under asset management by ERA Investments LLC, licensed to manage investment funds, unit investment funds, and non-state pension funds under license No. 21-000-1-01040 (licensing authority – Central Bank of Russia).
The Council for the Endowment Use
The Council for the Endowment Use is a collegial governing body responsible for overseeing and planning the use of the Foundation’s endowment funds.
