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ENDOWMENT
The endowment, established in 2022, serves as the primary source of funding for the Foundation's charitable programs. This milestone is pivotal for the Foundation, ensuring the long-term fulfillment of our mission.
Endowment Goals
Providing stable and adequate financial resources for a long-term implementation of the Foundation's mission and the progressive development of its charitable programs.
Receiving sufficient investment income from the endowments to ensure continuous funding of the Foundation's current activities and the implementation of its charitable programs.
Ensuring a stable portfolio growth with the goal of real capital increase and preservation of funds for future generations.
Our endowment has got a complex structure.
The endowments are formed within the organization, and they are managed by professional management companies selected for their reliability, quality of work and transparency.
The asset structure is determined by the Endowment Management Principles and Guidelines (The Investment Policy), which aim to preserve and increase the volume of assets for financing charitable activities. The Foundation's portfolio consists of long-term strategic investments and market investments.
Endowment Dynamics
Net asset value
Income/Losses from endowment asset management
- Income/Losses from endowment asset management
- Dividends
- Withdrawal of funds for charitable programs and projects
Detailed reports are published in the Documents section
Key Financial Indicators
Long-term Strategic Investments and Market Investments
Our endowment currently stands at
85,4 billion rubles
85%
Long-Term Strategic Investments
15%
Market Investments
As of December 31, 2023
Market Investments Portfolio
Total
12,781 billion rubles
46.3%
Corporate bonds
23.2%
Deposits and cash
20%
Government securities
7.8%
Other Assets and Liabilities
2.8%
Stocks
As of December 31, 2023
Our Investment Approach
Endowment 1
Management company: “Era Investment” AM LLC, license No. 21-000-1-01040
Amount of funds under management
5 449 709 895 rubles
Endowment 2
Management company: TKB Investment Partners, license No. 21-000-1-00069
Amount of funds under management
21 200 770 904 rubles
Endowment 3
Management company: Trustunion Asset Management, license No. 21-000-1-00915
Amount of funds under management
15 539 066 669 rubles
Endowment 4
Management company: Trinfico, license No. 21-000-1-00079
Amount of funds under management
14 570 737 rubles
Endowment 5
Management company: RONIN Trust, license No. 21-000-1-00100
Amount of funds under management
13 873 589 568 rubles
Endowment 6
Management company: RWM Capital, license No. 21-000-1-00798
Amount of funds under management
14 807 314 016 rubles
Council for the Endowment Use
Chair of the Council
Andrey Sharonov
Director General of the National ESG Alliance
Elena Bayukova
Financial Director of the Potanin Foundation
Zarema Kasabieva
Vice-Rector for Interaction with Students and Graduates of the Russian School of Economics
Zelfira Tregulova
Independent art critic