The Rybakov Foundation (Russian: Рыбаков Фонд) is a private philanthropic organization, founded by Ekaterina Rybakova and Igor Rybakov in 2015. It has a number of national and international projects and is best known globally for the Rybakov Prize, an award for philanthropists in education.
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Rybakov Foundation was established by the Russian billionaire Igor Rybakov and his wife Ekaterina in December 2015.[2][3] Rybakov applied the concepts of efficient business management to charity and educational projects.[4]
In 2016, the founders identified three areas of work: development of education, entrepreneurship, and non-commercial sector.[2][5] The Foundation also sponsored an annual #EdCrunch conference for new technologies in education.[6][7]
In 2017, the foundation partnered with the Moscow City University, Projectoria NGO and the World Bank to launch Collab Challenge, a Scratch coding contest for Russian teenagers.[8] Also in May 2017, the foundation and Higher School of Economics launched first PhilTech (Technologies for Philanthropy) business accelerator in Russia.[9]
From 2015 to 2018, Ekaterina Rybakova and Igor Rybakov invested 1 billion rubles in Rybakov Foundation.[2] In March 2019, they announced that they were investing another 1 billion rubles in the Foundation.[10]
In March 2019, at a press conference in Moscow, Ekaterina Rybakova and Igor Rybakov presented “School as the center of society” concept, focused on socio-educational development in line with the United Nation’s Sustainable Development Goal 4.[10] They also announced the launch of The Rybakov Prize, an initiative supported by UNESCO Institute for Information Technologies in Education and the World Bank.[11]
In February 2020, during the first Rybakov Prize ceremony, the founders has committed to spending $100 million over the next 10 years on the development of education.[1] During the Covid-19 pandemic Rybakov Foundation provided Laptops to the multi-child families. 232 multi-child families received laptops from different regions.[12]
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