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The Cultural Initiatives Foundation (The Mikhail Prokhorov Foundation) is a private charitable foundation founded in 2004 by Mikhail Prokhorov.
The purpose of the foundation is the encouragement of cultural awareness and activity as the most important element in enhancing all aspects of life, and the foundation's activities are determined by its fundamental conviction that culture stimulates the creative abilities of individuals and society as a whole, leads to a clearer understanding of social issues and can assist in their resolution, and is the most important resourcet in social and economic development.
For the first two years of its existence, the foundation operated in the Greater Norilsk area, but has since expanded its scope to include the whole of the Krasnoyarsk region.
The foundation supports and helps develop varying types of cultural initiatives aimed at stimulating the local residents’ nascent creative resources, assists in furthering Norilsk's cultural and social links, promoting the development of the environment and the self-image of Norilsk, and turning the city into a modern cultural centre.
This activity is aimed at supporting the cultural activities of the different sections of the population, although children and youth are treated with priority.
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