Alisher Usmanov’s “Art, Science, and Sport” Charity Foundation will contribute 100 Million Rubles to the NUST MISIS Endowment Fund. Usmanov is a well-known Russian businessman and philanthropist.
NUST MISIS’s Endowment Fund has received funding as part of “The strategy of creation and development of endowment funds” program for the “Every Ruble is important” project from the Vladimir Potanin Foundation. The project was highly valued by the Foundation’s management.
The NUST MISIS Endowment Fund has become one of the 9 endowments that will receive support from Vladimir Potanin.
In 2015, NUST MISIS’s endowment fund showed the highest rate of growth among the endowments of Russian universities. The university nearly doubled its endowment, from 68 million rubles to 128.3 million rubles. This was announced at the IV International Forum of Universities held by RAEX Ranking Agency, where the university was awarded with the diploma for “Efficient Communications with Alumni”.