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2019 performance review

Jun 18, 2020 at 18:07 •

The Timchenko Foundation held the eighth annual public hearings on its annual report, where it presented its 2019 performance figures. This year, because of the difficult situation due to the coronavirus and the lockdown, the hearings were moved online.

The event was attended by a record-high number of people – 89, including corporate affiliates, experts, researchers and the foundation’s staff. The questionnaire survey, which was traditionally conducted the day before the hearings on the previous year’s report, was responded to by 109 people.

In her welcome address, Ksenia Frank, chair of the Supervisory Board, said that it was important, when looking back at the last year, to keep in mind the issues facing the foundation today. She thanked the experts for their contributions and highlighted the important role of the experts’ constructive criticism and advice for the foundation’s growth. She identified its main challenge as striking a balance between the foundation’s response to society’s current agenda and its emphasis on promoting long-term projects driving fundamental and significant social changes. According to her, the foundation has to decide whether to continue growing sociocultural projects and help its target beneficiary groups or to provide assistance to those who needs it the most. As the third topical issue, she named the stability of the not-for-profit sector and the foundation’s commitment to providing support to the professional community.

Maria Morozova, CEO of the Timchenko Foundation, presented a summary of the annual report and overall performance figures. In 2019, the foundation backed 687 projects; 59% of them were implemented in towns and rural areas. They cost the foundation 1,070,000,000 roubles, of which 988 mln roubles was allocated to programme activities. Among the key achievements were named the start-up of the Cultural Mosaic model in Udmurtia, research into the causes of social orphanhood, the status of housing yard hockey and the results of the 8-year-long Active Generation competition, the rising numbers of sledge hockey teams and the emergence of Cultural Mosaic graduates as leaders during the flood response action in Irkutsk Oblast.

In the course of the hearings, the heads of the foundation’s programmes detailed their performance and received feedback from guest experts as regards the format and content of the information provided.

In bringing the meeting to a close, Maria Morozova added that the coronavirus pandemic had affected not only project implementation but also further planning of the foundation’s activities. She said that, the situation being what it is, the foundation needs to think how it can be of most help to society.