Polytechnic University Endowment Fund is Growing: Fundraising for Endowment Capital of Two More Institutes Opened

Translation. Region: Russian Federal

Source: Peter the Great St. Petersburg Polytechnic University –

An important disclaimer is at the bottom of this article.

The SPbPU Endowment Fund has opened a fundraising campaign to form two new target capitals. The initiative to create them was put forward by the directorates of the Civil Engineering Institute and the Institute of Power Engineering.

The creation of the Electromekh and Energomash and Engineering and Construction capitals will be officially announced after each of them accumulates funds in the amount of more than 3 million rubles, which will be sent to the management companies. Currently, the Polytechnic Endowment has six target capitals, and three more are being formed. The total volume of the fund's funds by January 2025 exceeded 111 million rubles.

Let us recall that the Endowment Fund is never spent, its funds are invested in liquid financial instruments, and the income from the endowment capital is annually directed to scientific, educational and social projects, including support for students, postgraduates, teachers and their projects, improvement of living conditions in dormitories, financing of internships in Russia and abroad, support for foreign students, as well as development of infrastructure and material and technical base of institutes.

Anyone can support the initiative of the Civil Engineering Institute and the Institute of Power Engineering. To do this, simply follow the link HTTPS: //Donate.SPBSTSTE.RU/ and make a donation by selecting the desired target capital from the drop-down list.

The creation of new endowments is an important step towards the sustainable development of the Polytechnic University and the support of talented students and teachers. Join the development of your institute and support the future of the Polytechnic University!

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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