The Mikhail Prokhorov Foundation is a Russian private charity established in 2004. It carries out nationwide and international activities, as well as local projects in the Krasnoyarsk region, the Urals, Siberia, the Russian Far East, and in the industrial area of Norilsk.

The long-term goal is to promote Russian culture and further its integration into global context. The Foundation’s concept is based on a broader notion of culture, its borders, and its social functions. This modern idea of culture determines the key activities of the Foundation, which include: initiatives in arts;
science and education;
development of mass media;
urban environment;
sports and public health.

The Foundation’s activities are based on the belief that a better life of the society is conditional upon its cultural level.

Geographically, the Foundation tries to localise its activities to reflect the uniqueness and specific needs of communities concerned. This approach is especially valuable in today’s globalised world.

Brief History of the Foundation

From 2004 till 2006, the Foundation operated exclusively in Norilsk and thus became the first charity in Russia to work systematically with one specific region.

Later it expanded it scope to include the whole of Krasnoyarsk Krai, the biggest Siberian region.

Since 2008, several competition projects have embraced the Urals, Siberia, and the Russian Far East.

Simultaneously, the Foundation supports unique nationwide and international projects aiming to incorporate Russian culture into the global context.

Its 2007 Annual Report was named the best report in the private foundations category of the 2nd Point of Reference competition sponsored by the Russian Public Chamber’s Commission for Development of Charity and NGO Legislation.

The Foundation in Figures

For nearly 5 years of work, the Foundation’s budget increased almost tenfold from RUR 29 MM in 2004 to RUR 260 MM in 2008.

The total amount of money spent on charity has exceeded RUR 420 MM.

Since 2004, the Expert Board has processed 2,260 grant applications, 802 of which have been endorsed.

Since its establishment, the Foundation has initiated and implemented 29 own projects, most of which continue on a yearly basis.

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