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PRESS-RELEASE
16.07.2008 
LUKOIL CHARITY FUND REPORTS ITS 2007 PERFORMANCE  


LUKOIL Charity Fund published a report on its spendings in 2007.

 

The Fund is a non-profit organization, established on voluntary pecuniary contributions. Its basic commitments are in the field of social, charity, cultural, educational and other initiatives for the benefit of communities.

 

In 2007, over RUR 200 million were allocated for these purposes (see breakdown below):

Cost items

Thousand RUR

Healthcare Initiative

- assistance to medical organizations and services

 

20 495

Education Initiative

- assistance to orphanages, schools, etc,

- educational and scientific programs (assistance rendered to universities, research organizations and educational establishments, registered grants, scholarships)

 

17 110

56 102

Cultural Heritage Initiative

- assistance to cultural establishments, organizations, art communities

- support of religious organizations

 

33 074

37 854

Social Support Initiative

- support veterans, handicapped, retirees

- social projects contest

- compensation payments for the families of the deceased or wounded servicemen, assistance to military establishments, troop units, veterans of the RF Armed Forces, internal affairs, assistance to refugees

 

26 905

3 233

1 101

Sports and Training Initiative

- assistance to sports facilities 

 

8 335

Miscellaneous

79

Total

204 288

 

As the STEK Auditing Service proved upon the review, the activities of the Fund were fully in line with its tasks and procedures.

 
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