Vladimir Potanin Foundation topped charitable foundations rating

Vladimir Potanin Foundation topped charitable foundations rating

May 05, 2022

The Nornickel company head’s foundation has seven charity programs and 29 grant competitions.

#ARCTIC. #SIBERIA. THIS IS TAIMYR. For the second year in a row, the Nornickel head Vladimir Potanin’s foundation becomes the leader of the Russian businessmen’s charitable foundations – 2022.

The Forbes list includes 20 charitable organizations of the richest Russians. Last year, rating participants spent more than 12 billion rubles on charity through private foundations alone.

The Vladimir Potanin Charitable Foundation has a budget of 1 billion 870 million rubles. In 2021, the fund created its own endowment. Now the organization has seven charitable programs, including those to support museums, as well as a scholarship program and the Philanthropy Development Center. The fund has 29 open grant competitions for various organizations, including grants for non-profit organizations for anti-crisis support.

“The Potanin Foundation has been actively developing endowment funds for many years. Vladimir Potanin personally and through the foundation made donations to the universities, museums, and charitable organizations endowments. And in 2021, the fund created its own endowment, which the billionaire considers an important tool for the large-scale projects implementation and plans to increase it to 100 billion rubles in ten years”, Forbes says.

In second place is the Elena and Gennady Timchenko Foundation. The Potanin and Timchenko Foundations have been holding the lead in the Forbes rating for the fourth year (in 2019 and 2020, the Timchenko Foundation was in first place). Mikhail Gutseriev’s fund Safmar, which was established by the Russneft company, joins the top three.

As a reminder, Nornickel’s key charitable program is the World of New Opportunities. It is implemented in the regions where the company operates: in Taimyr and Norilsk, in Monchegorsk, Pechenga district, Chita and Gazimuro-Zavodskoy district.

The World of New Opportunities supports and stimulates public initiatives, the new social technologies and partnership development. In addition, Nornickel is holding the World of Taimyr grant competition.

With the help of grants, the winners – tribal communities, non-profit and budgetary organizations implement projects to preserve traditions. The funds are also used to develop the territories inhabited by the indigenous peoples of Taimyr.

With the Nornickel’s support the Nash Norilsk endowment fund was created. It helps non-profit organizations in the field of education, culture, art, healthcare, non-professional sports, and social initiatives.

Recall that in 2021, the Nornickel head and one of the first private charitable foundations in Russia founder Vladimir Potanin became the most charitable businessman in Russia for the third time according to the Kommersant newspaper.

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Text: Angelica Stepanova

May 05, 2022

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