Potanin Foundation announces new open competition

Potanin Foundation announces new open competition

May 16, 2022

The Fulcrum charitable organization continues to support Russian NPOs.

#ARCTIC. #SIBERIA. THIS IS TAIMYR. The Vladimir Potanin Charitable Foundation, in response to the request from the professional community, has launched a new open competition aimed at supporting leading non-profit organizations.

Fulcrum continues the foundation’s initiatives to support leading non-profit organizations that represent and defend the interests of the most vulnerable groups of the population. In 2020-2021, during the pandemic, Vladimir Potanin provided significant support to the non-profit sector: the foundation offered Russian NPOs and cultural organizations a whole range of grant opportunities.

The fund founder, Vladimir Potanin, decided to allocate additional funds to support the sector within the new open competition. The size of the Fulcrum competition total fund amountes to 450 million rubles.

According to Oksana Oracheva, the fund general director, it was decided to support organizations whose stable work depends on the least protected groups’ life quality.

Non-profit organizations can participate in the competition – foundations and other socially oriented NPOs located in Russia and registered in accordance with applicable law, which provide medical care to their wards, provide them with essential goods, provide psychological and other support, help people with various disabilities, training and organizing volunteers to help.

Funds can be used to purchase essential items for distribution to target groups (including medicines, care products, food, clothing, shoes, stationery and educational supplies) and special equipment. As well as for training the organization employees, literature and information support, paying for the work of full-time employees and involved specialists, creating educational and fundraising products, and other purposes.

The maximum donation amount will be ten million rubles for a period of at least 6 and no more than 12 months.

Ilya Chukalin, the Presidential Grants Fund general director, notes the timeliness of the new competition launch:

“The competition is not just timely, it is in a certain sense saving, with an impressive grant fund. During the pandemic, the non-profit sector was seriously lacking resources, and now the state is even difficult to characterize: requests for public structures have increased manifold. I would very much like other Russian businessmen, despite all the difficulties, to find an opportunity to support the work of non-profit organizations and volunteers”.

Earlier, we reported that Vladimir Potanin topped the list of Russian benefactors.

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Text: Varvara Sosnovskaya, Photo: istockphoto.com

May 16, 2022

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