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During the plenary session, speakers included A.I. Rudskoy, Rector of Peter the Great St. Petersburg Polytechnic University; A.A. Anisin, Director of the National Association of Endowments; A.S. Kanukoev, Director of the Department of Economic Policy of the Ministry of Education and Science of Russia; O.I. Oracheva, General Director of the Potanin Foundation; and F.Sh. Kuanganov, Head of the Project Office of the Ministry of Science and Higher Education of Kazakhstan.
A.S. Kanukoev noted that, in accordance with the Government's directive, endowment funds must be established in all subordinate educational organizations of federal executive authorities. In universities under the Ministry of Education and Science, 91 funds have been created, which accounts for 31% of their total number. It is planned to develop a ranking methodology for educational organization funds in 2024, create a standard concept for fund development, and implement the “School of Trustees” project.
He also mentioned that amendments to Federal Law 275-ФЗ “On the Procedure for Forming and Using Target Capital of Non-Profit Organizations” have been developed and approved in the first reading by the State Duma, providing support measures for donors and universities in forming target capital.
The event featured an exhibition of endowment funds and investment fund management companies, as well as a meeting of the working group of the Ministry of Education and Science of Russia on the development of endowment funds.
Let us remind you that on February 22, 2024, a specialized fund for managing target capital called “Fund for the Development of Omsk State Agrarian University” was established at our university. Currently, fundraising is underway to form the fund's target capital.
In universities subordinate to the Ministry of Agriculture of the Russian Federation, target capital has been formed in 6 universities, while another 6 institutions have created funds and are currently raising money to establish target capital.
The fund's capital is considered formed when there is an amount of at least 3 million rubles in the fund's account, which will subsequently be transferred to a management company under a trust management agreement. The interest earned from investing these funds is allocated to the fund and directed toward supporting students, faculty, and university projects.