About “ISTOKI” Fund

Endowment Fund “ISTOKI” is one of the ten largest Russian endowment funds in Russia. The Fund was established in March 2013 to ensure the systemic support for fundamental institutions in society, such as family, health, education, science, historical and cultural succession. The key goal of the Fund is to manage donations with the help of modern investment and financial tools for the preservation and multiplication of the endowment and for ensuring sustainable financial support for social and publicly significant programs. Over the course of seven years, “ISTOKI” Fund has allocated about 400 million rubles for different programs and projects.

Vladimir Vladimirovich

Marchenko

Director of the Endowment Fund

Vladimir Marchenko graduated in 2003 from the Institute of Asian and African Countries, Moscow State University…

Vladimir Marchenko graduated from the Institute of Asian and African Studies of Lomonosov Moscow State University in 2003. He holds an MBA degree from the Business School of Haifa University specializing in International Business and Finances. From 2003 to 2016, he held top positions at the Russian Ministry of Foreign Affairs with a focus on bilateral relations and trade and economic cooperation with Middle Eastern countries. In 2017-2018 he implemented projects related to international business and social entrepreneurship. In December 2018, he was appointed Director of Endowment Fund “ISTOKI” and Member of the Board of Saint Andrew the First-Called Foundation.

Andrey Sergeevich

Kudryashov

EXECUTIVE DIRECTOR of the Endowment Fund

In 2001, Andrey Kudryashov graduated from the All-Russian Correspondence Financial and Economic Institute with a degree in …

In 2001, Andrey Kudryashov graduated from the All-Russian Distance Institute of Finance and Economics with a specialization in Banking and Finance. He got his MBA diploma at the Russian Academy of Economics under the Government of the Russian Federation as an expert in Innovation and Project Management.

He started his career in 1995 at NIKoil. From 2004 till 2008, he was Director General at “Our Future” Management Company. From 2008 to 2011, he held the role of Executive Director at the Foundation for Regional Social Programs “Our Future”. From 2011 to 2013, he worked as Deputy Head of the Department for Investment Support at URALSIB Bank. From 2013 to 2018, he was Director General at RusFin Management Company. Since December 2018, Andrey Kudryashov has held the role of Executive Director at “ISTOKI” Endowment Fund.

Guide on Endowment Fund “ISTOKI”

Examples to show how returns on endowment can be used:

About the participation of the “ISTOKI” Fund in the creation of infrastructure for endowments and development of philanthropy in Russia

Why we propose to create a unified online-resource for endowments

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