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The Dynasty Foundation Will Be Closed In October
September 21, 2015 00:31


The “Dynasty” Foundation of Dmitry Zimin stated that it would terminate its operations on October 31, according to the organization’s website.

“All the reports and other documents to be submitted to the Foundation by grantees in accordance with the signed agreements should be dispatched to the Foundation in the terms established by contracts” – the Foundation representatives added. The decision to terminate the activities of the Foundation was made after it had been assigned a status of a foreign agent.

The Ministry of Justice of Russia included the non-profit foundation “Dynasty” into the list of foreign agents. The decision was made following the results of the inspection carried out by the agency, as the press service of the Ministry of Justice told to TASS.

The possible closure of the foundation was announced on Monday, May 25, by the journalist Aleksandr Nevzorov. The Head of this organization, businessman Dmitry Zimin, confirmed that in case of recognition of the foundation a foreign agent it would most likely cease to exist. It is planned to make the final decision on June 8 at a closed meeting of the Board of “Dynasty”.

In early May the Ministry of Justice denied the information that the foundation might be considered a foreign agent. The “Dynasty” Foundation was established by the President of the “VympelCom” company Dmitry Zimin in 2001 to support and promote national science. It deals with providing grants to young professionals in the field of natural and social sciences.

The President of Russia Vladimir Putin signed a law on undesirable foreign and international organizations. The text of the document was published on Saturday, May 23, at the official web-portal of legal information.

The law allows to recognize undesirable the activities of international or foreign non-governmental organization presenting a threat to the fundamentals of the constitutional order of Russia, its defense capacity or security.

The procedure of inclusion of companies into the list of undesirable ones will be performed by the Prosecutor General or his deputies in coordination with the Foreign Ministry of the RF. In addition, according to this law, financial institutions are not allowed to conduct transactions with money or other property from undesirable NGOs. The possibility of exclusion of such organizations from this list is also considered. The activities of organizations such as Human Rights Watch may be prohibited in Russia.

The law on undesirable organizations may affect Carnegie Foundation, the non-governmental international organization for countering corruption Transparency International, Human Rights Watch and Amnesty International monitoring human rights observance. The leaders of a number of the above-mentioned organizations called the law a threat to civil society in Russia. The Presidential Human Rights Council (HRC) also criticized the document. The concern in connection with the adoption of the law was expressed by the Commissioner of Council of Europe for Human Rights Nils Muiznieks.


Author: Anna Dorozhkina


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