The non-profit Dynasty Foundation was founded in 2002 by Dmitry Zimin, president emeritus of Vimpelcom, Inc. (Beeline).
The Dynasty Foundation seeks out talented scientists, scholars, and educators. It supports their ideas and projects in the natural and social sciences.
The Foundation's priorities are the development of fundamental scientific research and education in Russia, creating conditions so that scientists can research and teach at home in Russia, the popularization of science and civic education.
The Dynasty Foundation is the first private nonprofit foundation supporting science and education in modern Russia. It is managed by a Board of Directors, who make decisions about strategic development and set the Foundation's priorities.
Dynasty runs thirty programs and projects for the support and popularization of science and the development of formal and civic education. These include programs that support gifted schoolchildren, future scientists, young physicists, mathematicians, biologists and teachers.
Each year, the Foundation holds fifteen open grant competitions. Grants are awarded to young theoretical physicists, young mathematicians, young biologists, teachers of physics, and others.
Russia's leading scientists, teachers, and experts in education, publishing, and museum work are members of the Academic Council, which judges the science and education grant competitions. They also serve on the advisory councils that help us manage the other programs.
The Foundation also focuses on the development of Russian philanthropy. They actively cooperate both with major philanthropic organizations and the expert community. Among the Foundation's partners are the Donors Forum; the International Center for Fundamental Physics, Moscow; the Natural Science Foundation; and such internationally recognized institutions of higher learning as the New Economic School and the European University at Saint Petersburg.
In 2012, the Dynasty Foundation elected to the Governing Council of the European Foundation Centre. The Dynasty Foundation is currently the only Russian foundation in the EFC Governing Council.
Since it upholds the principles of openness and transparency, the Foundation makes its annual reports available to the public.
In a mere ten years, Dynasty has gone from being a small private foundation to becoming one of the most professional major philanthropic foundations in Russia.
The planned 2015 budget for programs and projects of the Foundation is 435 million rubles (352 million rubles in 2014, 328 million rubles in 2013, 314 million rubles in 2012).