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The Vladimir Potanin Foundation ranked first in the RAEX rating for the third time

The Vladimir Potanin Foundation led the list of Russia's top-20 corporate and private NGOs by partnership potential

On March 27, 2023, the RAEX rating agency published the third edition of its ranking of charitable NGOs, which included 804 organizations.

The RAEX ranking is divided into two sections: the first includes private and corporate foundations, while the second one covers fundraising foundations. The Vladimir Potanin Foundation topped the first section. The Timchenko Foundation and the "Art, Science and Sport" Foundation took second and third places among private and corporate foundations.

The number of participants in the corporate and private charitable NGO ranking decreased by 39 organizations to 185 compared to the 2022 ranking. However, 21 organizations were included into the ranking for the first time. The ranking compilers noted that the vast majority of private and corporate charitable infrastructure organizations were able to continue their work despite reduced activities in 2021 and 2022.

The ranking methodology primarily takes into account such indicators as the scale of activities, information transparency, and media activity.

Dmitry Mindich, Director of Research Projects at RAEX, highlighted a significant increase in transparency in the charitable sector over the past two years. "The progress in disclosure is evident both in the content of official websites and in the volume and quality of published reports. This is certainly encouraging, and the RAEX ranking has contributed to this by acting as a disclosure incentive for many NGOs," he said.

The total amount received by private and corporate foundations in 2022 was 61.7 billion rubles. This sum excludes the 87 billion rubles donated by Vladimir Potanin to replenish the Foundation's endowment in 2022.

Oksana Oracheva, CEO of the Vladimir Potanin Foundation: “For its 25th anniversary, the Foundation began transitioning to a new financial model: endowments are intended to ensure the Foundation's long-term work and the fulfillment of our mission. Our achievement is the contribution of all members of the Foundation's community and the result of our collaboration with colleagues, partners, and grantees who strive for sustainable social change. We deeply appreciate the high assessment from experts, which inspires us to continue supporting important initiatives in culture, higher education, philanthropy, and social sports.”

The RAEX ranking was first published in 2020, with the second edition released in 2022. The 2024 ranking includes charitable organizations operating in Russia that received over 5 million rubles in 2022. The main objective of the ranking is to increase trust in charitable organizations among donors and partners, create an effective positioning tool for NGOs using best management practices, and address the problem of "toxic" philanthropy.

The full 2024 ranking can be found here, and the detailed version of the assessment methodology is available in the "Rankings" section on the official website of the RAEX rating agency.

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