Russian businessman Vladimir Potanin is donating part of his financial fortune to charity, the Interros Group reported. Potanin is the founder and president of the company.
«In 2010, I announced my decision to pass the bulk of my wealth to charitable causes. It was an absolutely deliberate move: I have always believed that a person should share his achievements, his success with society.
With this very purpose I created a charitable foundation, which for almost a quarter of a century has become one of the leaders of systemic charity in Russia, a pioneer in the development of a number of programs aimed at supporting education, science, culture, civil society institutions, and it has made a significant contribution to the development of endowment funds.
Over the years, tens of thousands of professionals, active and caring people have partaken in the foundation’s programs and projects becoming its participants, experts and friends. Thus, the foundation has established itself as a reliable charitable organization with an impeccable reputation, a highly professional management team and a whole community of like-minded people. I think it’s time to take the next step,» the businessman said.
Interros has begun the process of transferring up to 50 percent of Rosbank’s shares to the Potanin Charitable Foundation’s endowments. The fund’s target capital will reach the planned amount of 100 billion rubles, which will ensure the financial stability and long-term nature of its charitable programs. In turn, the foundation becomes an independent charitable organization with independent governing bodies.