Cultural Initiatives Foundation
Encyclopedia
The Cultural Initiatives Foundation (The Mikhail Prokhorov Foundation) is a private charitable foundation founded in 2004 by Mikhail Prokhorov
Mikhail Prokhorov
Mikhail Dmitrievitch Prokhorov is a Russian billionaire entrepreneur and owner of the American basketball team, the New Jersey Nets. After graduating from the Moscow Finance Institute he made his name in the financial sector and went on to become one of Russia's leading industrialists in the...

.

The purpose of the Foundation is the encouragement of cultural awareness and activity as the most important element in enhancing all aspects of life, and the Foundation’s activities are determined by its fundamental conviction that culture stimulates the creative abilities of individuals and society as a whole, leads to a clearer understanding of social issues and can assist in their resolution, and is the most important resourcet in social and economic development.

For the first two years of its existence, the Foundation operated in the Greater Norilsk
Norilsk
Norilsk is an industrial city in Krasnoyarsk Krai, Russia, located between the Yenisei River and the Taymyr Peninsula. Population: It was granted city status in 1953. It is the northernmost city in Siberia and the world's second largest city north of the Arctic Circle...

 area, but has since expanded its scope to include the whole of the Krasnoyarsk
Krasnoyarsk
Krasnoyarsk is a city and the administrative center of Krasnoyarsk Krai, Russia, located on the Yenisei River. It is the third largest city in Siberia, with the population of 973,891. Krasnoyarsk is an important junction of the Trans-Siberian Railway and one of Russia's largest producers of...

region.

The Foundation supports and helps develop varying types of cultural initiatives aimed at stimulating the local residents’ nascent creative resources, assists in furthering Norilsk’s cultural and social links, promoting the development of the environment and the self-image of Norilsk, and turning the city into a modern cultural centre.

This activity is aimed at supporting the cultural activities of the different sections of the population, although children and youth are treated with priority.

External links

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