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Chair of the Board of Trustees and Executive Director of the Aurora-Ala Foundation Take Part in Organizing the “Perpetual Endowments” Assembly of Russia’s National Endowment Association

On May 21–22, the “Perpetual Endowments” Assembly of the National Endowment Association (NEA) was held in St. Petersburg. Svetlana Lavrova and Evgeny Mokhovikov took part in organizing the event.

Representatives of the Project Office of Kazakhstan’s Ministry of Science and Higher Education, the Kazakh State Women’s Teacher Training University, and Asfendiyarov Kazakh National Medical University also attended the event.

More than 270 people from 165 organizations took part, including universities and schools, research organizations, museums and theatres, charitable organizations and foundations, federal and regional executive authorities, endowment funds, and asset management companies.

On the first day of the Assembly, May 21, the All-Russian exhibition “Endowment EXPO: Education, Science and the Social Sector” was held at Peter the Great St. Petersburg Polytechnic University. The exhibitors included leading universities, endowment funds, and asset management companies.

The exhibition presented best practices in community engagement, fundraising to attract non-budgetary funding, and the use of the endowment mechanism to support nonprofit organizations.

The second day of the Assembly, May 22, took place at the Farmer’s Palace on the grounds of the Peterhof State Museum-Reserve. Two closed-door sessions were held for heads of endowment funds and financial management companies: the Visionary Session “Working with Eternity” and Investment Committee 2.0.

The participants discussed industry trends and development prospects, as well as specific actions and projects aimed at advancing the sector.