Minister’s contribution

12:15, December 18, 2013

Minister of Education and Science of the Russian Federation Dmitry Livanov made a contribution to target capital "To the centenary of Ural Federal University"

Minister of Education and Science of the Russian Federation Dmitry Livanov  made a personal contribution to target capital "To the centenary of Ural Federal University".  During his visit of the university the representatives of Students’ Union  told the Minister, that the capital, the sum of which is more than 3,5 million rubles, was formed on UrFU graduates’ initiative to support students’ projects.

After the meeting with students, which took place on December 16, Dmitry Livanov thanked the First Vice-Rector of Ural Federal University Anatoly Matern for his contribution to endowment fund of Moscow Institute of Steel and Alloys, the head of which Dmitry Livanov had been until recently, and made his step by contributing to UrFU endowment fund.

The minister is sure: “Among the graduates of Ural Technical University and Ural State University, there are a lot of famous people, which could contribute the development of students’ projects”. The Chairman of UrFU Supervisory Board, UrFU graduate, the head of “Sinara” group Dmitry Pumpyansky shares Dmitry Livanov’s opinion. He thinks that the changers in legal system could make this process easier not only for individuals, but also for corporations, which now have to face profits tax.

We would like to remind that UrFU endowment was registered on March 2012. In December 2011 the Administration of the university made a decision to deposit the first million to the fund. The founders of UrFU target capital are persons, who embody the history of two largest universities of the Urals: Professor Stanislav Naboychenko, the President of the university, the corresponding member of Russian Academy of Sciences and Professor Vladimir Tretyakov, the Rector’s councilor, the corresponding member of Russian Academy of Sciences. (Both of them used to be Rectors of Ural Technical University and Ural State University, respectively); First Vice-Rectors Anatoly Matern and Dmitry Bugrov, ex-Rectors, which brought universities to integration; The Rector of Ural Federal University Victor Koksharov.

Endowment is a target fund aimed to be used for non-commercial purposes. Endowment is mainly filled by the charitable contributions. The difference between ordinary charity organization and endowment is target purpose activity and aiming to get profit by investment.