Roldugin, the Fund will receive from the budget more than 1 billion rubles.

The Fund’s “Talent and success”, the Chairman of the Board and whose founder is a friend of President Vladimir Putin cellist Sergei Roldugin, in the years 2017-2019 will receive more than 1 billion rubles from the budget. This follows from the conclusion of the Duma Committee on physical culture, sport, tourism and youth Affairs on the draft law on the budget for 2017-2019. (have).

In 2017, the Fund will allocate 576 million rubles, in 2018 — 284 mln in 2019 -205,5 million rubles, specified in the conclusion. Most of the money, follows from the conclusions of the Committee will go to the presidential grants for gifted children. In particular, next year the Fund will spend to help gifted children 288 million rubles, according to the materials of the Committee. Press Secretary of the Foundation Denis Rychkov was asked to send a written request. At the time of writing the material response to the request was not followed.

Grants for gifted children was established by presidential decree in September 2015. Every year 1200 distributed grants in the amount of 20 000 rubles per month. More than a year the Fund spent on the presidential grants 237,7 million rubles, stated in the report to the Ministry of justice.

The President on Wednesday, November 2, questioned the allocation of budget funds in the amount of RUB 300 million children’s Fund Roldugin. He said this during the meeting with government members in Novo-Ogaryovo residence outside Moscow, reports TASS. Chairman and co-founder of the Fund is cellist Sergei Roldugin.

“Three hundred million taken away, and used 15%, — Putin said. Or still working on the development of the properly, or so much money not need, and then for other purposes to guide them; where is the money spent, the social”.

Sergei Roldugin became well known this spring, after publishing a series of materials about Panama offshore International consortium of investigative journalism (ICIJ) and the Centre for the study of corruption and organized crime (OCCRP). “Novaya Gazeta” with reference to the investigation wrote that Roldugin was the owner of several offshore companies, which allegedly were the recipients of hundreds of millions of dollars. Also in the investigation it was alleged that Roldugin was one of the largest shareholders of the seller of television advertising in Russia “Video of Interneshnl” (Vi) beneficiary of companies owned packages of KAMAZ and AVTOVAZ.

Putin Roldugin introduced his older brother, Eugene, said in 2014 in an interview with the newspaper “Evening Kazan” the Roldugin According to him, Eugene studied together with the future President in the red banner Institute of the KGB (Putin graduated in 1985). As a friend of Putin, Roldugin became the godfather of his eldest daughter Mary, wrote in 2014, The New York Times.

Education Fund “Talent and success” was founded in 2014 in Sochi. Later, the Foundation has established the educational centre for gifted children “Sirius”, which this summer called for the Chairman of the Board of Trustees of the centre Vladimir Putin. The Board also includes the assistant to the President Andrey Fursenko and Igor Levitin, the Deputy head of the presidential administration Anton Vaino, Vice-premiers Dmitry Kozak and Vitaly Mutko, the Minister of culture Vladimir Medinsky.

Spring Fund Roldugin received from the authorities of the Kuban in the free use of two beach nearby with the Olympic facilities in Sochi until may 1, 2020. The Fund was transferred two beaches that are part of belonging to the region of coast protection structures built in preparation for the Olympics in Sochi 2014. The length of the beach, near Sochi Olympic village between the rivers Mzymta and Psou is 200 m, the second — 120 m.

In 2015 the Fund spent 10.2 billion rubles, follows from the report of the Fund on the website of the Ministry of justice. Most of the money the Foundation spent on “acquisition of fixed assets, inventory and other property to carry out statutory activities” (6.4 billion rubles) and to “purchase the right to lease a land plot for placement of real estate objects for conducting statutory activities” (2.7 billion rubles).

According to SPARK, this year the Foundation has entered into several small contracts with state institutions. The Ministry of labor in April leased the Fund has meeting rooms and ancillary facilities for the national week of labor protection for 14 million rubles.