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Special Endowment Fund Management for the Development of the State Hermitage Museum non-profit organisation was registered on 27 April 2011 to raise, use and distribute an endowment for the State Hermitage Museum according to processes stipulated by Russian legislation.

The Endowment replenishes two target capitals in order to use different strategies and develop healthy competition. In 2011 as the result of a tender process ZAO Gazprombank- Share Managment was chosen as the fund manager. In 2017 the Capital No. 2 was raised and placed under management of TKB Investment Partners.

At present this fund is the largest endowment fund for culture in Russia.


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The fund was founded by State Hermitage Museum General Director Mikhail B. Piotrovsky, V. ő. Potanin and State Hermitage Museum (legal entity).


Piotrovsky
Mikhail Borisovich


Potanin
Vladimir Olegovich

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Hermitage Gala Banquet will take place at the Winter Palace on 26 June 2021

This magnificent celebration, worthy of the Russian Tsars, attracts patrons of the arts and friends of the Hermitage from all over the world.

GALA BANQUET IN THE WINTER PALACE

On 29 June 2019, the 14th traditional charity reception took place in the Winter Palace. Its main theme was Russiaís Pavilion at the Venice Biennale, where the State Hermitage is acting as curator this year.

The acquisition of Anselm Kieferís ďAuroraĒ

The acquisition of Anselm Kieferís ďAuroraĒ

The Capital No. 2

The Capital No. 2

TKB Investment Partners is Appointed Management Company for the Newly Formed Endowment Capital

TKB Investment Partners is Appointed Management Company for the Newly Formed Endowment Capital

Establishing an Additional Endowment Capital

Establishing an Additional Endowment Capital

Card tables come home

A pair of superb card tables, masterpieces of their kind dating from the 1760-1770s, have been acquired and restored by the Hermitage..
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