Registered in 1999, the Vladimir Potanin Foundation was Russia’s first private foundation. Its budget is financed with the personal assets of Vladimir Potanin and those of the Interros Company. Its mission is to help realize the potential of the most active, talented and educated young people as the most promising resource of Russian society, as well as to support social and cultural innovations. The Foundation annually awards over 2,300 scholarships and 400 grants.