Mission
We ensure a reliable financial basis for the implementation of socially significant initiatives aimed at supporting education, cultural, historical and family values for the harmonious and comprehensive development of Russian society.
The areas of financial support include:
The Fund is one among the largest Russian endowment funds
Endowment Fund “ISTOKI” has allocated over 9 years to finance various programs
How the Endowment Fund operates
Donations are collected and transferred to the trust management who invest the donations in different financial instruments. The subsequent financial return is used to finance charity programs. Endowments help to ensure reliable support for the chosen areas and ease the need to depend on existing financing; as a result, the utmost social effect can be achieved.
Our team
The team of Endowment Fund “ISTOKI” includes experts from the financial and charity spheres. The key task for our team is to ensure effective management of the donations, using cutting-edge investment and financial mechanisms to preserve and multiply the endowment and as a result, securing sustainable financing for its social and publicly significant programs.
The Fund’s Board of Trustees
The Board of Trustees of Endowment Fund “ISTOKI” is the body which supervises the Fund’s activities and ensures the Fund operates in compliance with the law. It defines the investment policy of the organization, monitors distribution of the return on the endowment and expenditure.