Our Fund announces FY2022 results

On March 31, 2023 Our Board of Trustees considered the main financial results of FY2022.

The net investment income from our two endowment funds in FY2022 reached 14.66 million Russian rubles. The net return on invested capital for two endowment funds exceeded 7.5%.

The Board of Trustees decide to allocate 7.56 million Russian rubles for scholarships in FY2023 (80% increase compared to 4.20 million Russian rubles in FY2022). This will allow to increase the number of scholarships awarded as well as the size of each scholarship.