02 CONTENTS P. 40 P. 08 Global Integration, Promoting Abroad INVESTING INTHEWORLD:European and INVESTING INPEOPLE:Education,Arts,Health P. 62 P. 06 Financial andOrganizational Information P. 26 Message from theFounder P. 04 Philanthropic Development INVESTING INSOCIETY:UnityandTolerance, P. 56 Vision &Mission History, 2006-2011 P. 64 Management Team 03 04 VISION AND MISSION philanthropic foundationbasedinUkraine. an international,privateandnonpartisan The Victor PinchukFoundationis WHO WEARE in theworld,tofosteramore integrated world. in society,topromote socialresponsibility, in people,toboosthuman capital, in three mainareas: partnerships inUkraine andabroad, andinvest To achieve thisgoal,we develop projects, build to becomethechange-makers oftomorrow. Our goalistoempower future generations OUR MISSION own hands. enabling peopletotake theirdestiniesin investments cancreate afavorable environment We believe thatlong-termandlarge-scale social can beamajordriver ofchange. We believe thatempowered future generations now andthateachofushasthepower toact. We believe thatthefuture hastobeaddressed OUR VISION 05 06 MESSAGE I believe. Andatremendous socialreturn onsocialinvestment. This investment intothenextgeneration cancreate apowerful mixforchange, access tothebenefitsofcivilizationanddemocracy –suchasagoodeducation. and theduty,tousetoday’s newopportunitiestoprovide even more peoplewith in thegame,totake theirlives intotheirown hands.We have thechance, can potentiallycreate amore level playingfield.More cangetachanceto participate tremendous newopportunities.Today’s newtechnologiesandcontinuingglobalization and afeelingofgrowing inequality.Butifwe take astrategic view,Ialsosee Today, thenextgeneration isthreatened bytheeconomic crisis,insecurity to meetingswiththeworld’s bestthinkers. scholarship programs, toneonatalcenters,free accesstocontemporary art, and theworld.Thissocialinvestment strategy guidesallourprojects, from Empowering thenextgeneration isthebestinvestment forchangingourcountry Dear friends, CHAIRMAN FROM THEFOUNDERAND field. can createamorelevel playing changes oftoday’s world opportunities. Thedynamic view, Iseetremendous new If wetakeastrategic 07 08 PEOPLE HEALTH ARTS EDUCATION PinchukArtCentre Zavtra.UA Public Lectures WorldWideStudies SchoolofEconomics Cradles ofHope Aspen Ukraine Initiative 09 10 PEOPLE ZAVTRA.UA universities, wehavetodateselected over1,400grantees. potential andcreativity. Inpartnershipwith75Ukrainian competition testingacademicexcellence, motivation,leadership Zavtra.UA granteesareselected annuallyinanopennationwide socially responsibleandactivecitizens. their professional developmentandencouragethemtobecome We providethebestUkrainianstudentswithscholarships,foster UKRAINE SCHOLARSHIP PROGRAMIN THE LARGESTPRIVATE and thenofcourseact. to understand,think, todream country. To dothisyouneed potential anduseitfor your is tohelpyourealizeyour Founder, at theZavtra.UA AnnualForum Victor Pinchuk The goalofZavtra.UA of Zavtra.UAin2006. 50 projectshavebeenimplementedsincethecreation We encouragethemtodevelopprojectsfor socialchange;over Clinton, ShimonPeres orTony Blairinpubliclectures. Ukraine: webringthemtogetherwithworldleaderslikeBill socially responsiblecitizens,andcreatepositivechangefor At thesametime,weinspirethemtothinkglobally, become to allowthemfocus ontheiruniversityeducation. Scholarship holdersreceiveamonthlystipendof942UAH universities partner 75 since 2006 scholarships >1,400 holders in2011 new scholarship 320 11 SCHOLARSHIPS FOR UKRAINE’S FUTURE LEADERS AT THE WORLD’S BEST UNIVERSITIES WORLDWIDESTUDIES

The WorldWideStudies (WWS) scholarship program gives Scholarships are awarded in fields crucial Ukraine’s best students and young professionals access for the development of Ukraine: agriculture, 200 of the world’s to the world’s best universities – if they commit to return environment and ecology, law, and public best and apply their knowhow in Ukraine. administration. Grants cover up to 60% of the total universities amount required; the amount is determined individually WWS provides grants for master’s degrees abroad at based on personal needs and merits. the world’s best 200 universities. After receiving their degree, 36 grantees are expected to work for a minimum of 5 years Participants are selected by an independent selection scholarships in Ukraine in their chosen fields. panel in an open nationwide competition. Candidates awarded since become eligible after having applied to and 2010 been admitted to a top university.

WWS was announced by Victor Pinchuk at the Clinton Global Initiative’s 2008 Annual Meeting. In 2010, 17 young Ukrainians began their studies at top universities I look forward to these sharp all over the world; 19 more followed in 2011. The third competition, for the grantees of 2012, was announced young people returning home with in December 2011. their new insights, knowledge and renewed energy, to be part of a generation that will transform Ukraine.

John Tefft Ambassador of the of America to Ukraine 12 PEOPLE 13 14 PEOPLE PUBLIC LECTURES of thefoundation’s Zavtra.UAandWWSprograms. Ukrainian universities,amongthemmanyscholarshipholders Lectures areattendedbyover300studentsfrommorethan50 generation ofresponsibleleaders. and Ukraine.With this,wecontributetofostering anew with Ukrainianstudentsthechallengesfacingworld international thinkersandpolicymakerstoUkrainediscuss The Victor PinchukFoundation regularlyinvites leading WITH UKRAINIANYOUTH TODAY’S CHALLENGES THINKERS DISCUSS GLOBAL LEADERSAND in Kyiv, 2011 at aPubliclecture forUkrainian students Patron oftheTony BlairFaith Foundation Former PrimeMinisterofGreat Britain(1995-2005) Make itthebestthat canbe. the generationcoming after you. inspiration andhopefor out ofitsomethingthatprovides place intheworldandtocreate its peopletaketheirrightful this countryspecial,tomake fantastic opportunitytomake in Ukrainehavegotthemost Think aheadnow. You and PresidentofIsraelShimonPeres. the 42ndPresidentofUnitedStatesBillClinton Chancellor ofGermanyJoschkaFischer, of BrookingsInstitutionStrobeTalbott, former Vice Secretary GeneralofNATO JavierSolana,President Foreign andSecurityPolicy oftheEuropeanUnionand of State,former HighRepresentativefor Common the World BankGroup,ColinPowell, 65thUSSecretary Muhammad Yunus, JamesWolfensohn, 9thPresidentof Francis Fukuyama,2006NobelPeace PrizeLaureate Political EconomyatJohnsHopkinsUniversity have included,amongothers:Professor ofInternational of thebestseller“FunkyBusiness”. Previousspeakers Economics, andJonasRidderstrale,author Director ofthePeterson Institutefor International Minister ofGreatBritain(1995-2005);Fred Bergsten, The speakersin2011wereTony Blair, former Prime in 201 public lectures attended students >1000 1 15 16 PEOPLE KYIV SCHOOL OF ECONOMICS of Houston(USA). a Master’s degreeineconomicsfromtheUniversity Western Europe. KSEstudentsgraduatewith economic graduateprogramsin North Americaand The program’s curriculumismodeledonthebest who havestrongbackgroundsinteachingandresearch. by internationalandWestern-trained Ukrainianfaculty, Economic Analysis.CoursesaretaughtinEnglish in BusinessEconomics,Financial Economicsand internationally recognizedfulltimeMaster’s Programs is aworld-classacademicinstitutionthatoffers The KyivSchoolofEconomics(KSE) STANDARDS INUKRAINE MEETING INTERNATIONAL ECONOMIC EDUCATION Europe. in theUnitedStatesand Western comparable tothebest programs education ineconomics Chief Economist, SigmaBleyzer Edilberto Segura KSE offers agraduate in internationally-referred journalsandlocalmedia. Western-trained Ukrainian faculty members who publish has 10permanentinternationaland 5 ofwhomarefromBelarusandMoldova.TheSchool students wereenrolledfor theirfirstyearofstudy, In 2011,20studentsgraduatedfromKSEand54new sector (71%)andinacademia(14%). graduates workinthepublicsector(15%),private Since KSE’s creation,482studentshavegraduated.KSE Ph.D. abroad received a graduates 85 graduates 482 17 18 PEOPLE ASPEN UKRAINE INITIATIVE by thesupportofalumniprevious seminars. from over3,200applications.Theseminarwasmadepossible arts andthemediafrom11regionsofUkrainewereselected 25 participantsfrombusiness,publicadministration,academics, For thefifthUkrainianAspenseminarinCrimea2011, rise tonewinsightsandunderstandings. posed bythegroupandtimelesswisdomoftextsgive civilization) form thebasisofconversationsinwhichquestions Tolstoy, andHavel(reflectingthebroadsweepofhuman contemporary textsbyAristotle,Hobbes,Rousseau,Skovoroda, discussions ledbytrainedmoderators.Classicaland together diversegroupsof20-25leadersfor intensive In 2008-2011theUkrainianAspenseminarshavebrought a keyroleinpreparingthefirstAspenseminarsUkraine. to attendanAspenseminarintheUnitedStates.Theyplayed In 2006-2007weprovidedscholarshipsfor 9Ukrainianleaders make agoodsociety. by encouragingthemtoreflectontheidealsandideasthat of supportingthedevelopmentpromisingUkrainianleaders The AspenUkraineInitiativewaslaunchedin2006withtheaim WITH THEASPENAPPROACH LEADERSHIP INUKRAINE VALUE-ORIENTED SPREADING it overtounderstandit. You havetoliveit,andthink experience Icanhardly describe. Accountants and Auditors Head oftheBoard, CouncilofIndependent Olena Makeeva It wasapriceless regions Ukrainian from 21 participants 117 since 2008 seminars Aspen Ukrainian 5 19 THE LARGEST AND MOST DYNAMIC PRIVATE CONTEMPORARY ART CENTRE IN CENTRAL AND EASTERN EUROPE PINCHUKARTCENTRE

The PinchukArtCentre is a leading international hub for PinchukArtCentre is a young museum (5th contemporary 21st-century art. It provides a sustainable anniversary in 2011) with an incredibly young contribution to the cultural participation and emancipation audience. 80% of our visitors are aged between of Ukrainian art and society; it makes a significant contribution 16 and 30 years old. Up to 2,000 visitors per day to the cultural dialogue between East and West, and between show the ever growing interest of our audience national identity and international challenges. It provides and the commitment of the PinchukArtCentre free access to new ideas, perceptions and emotions, shaping to future generations. the minds of a new generation to think beyond the ordinary. Therefore we believe in its potential for fostering viewers’ individuality, and contributing to the modernization of society. Our tradition is the future. The PinchukArtCentre is open free of charge for everyone. From its opening in September 2006 to the end of 2011 it hosted 28 exhibitions and numerous other projects. Combining international and Ukrainian artistic positions, it has attracted over 1,350,000 visitors. In 2011 the PinchukArtCentre created a core structure for a sustainable fully-fledged museum program, adding to the established program of changing exhibitions. This includes a collection platform providing a long term view on the collection, a program line for Ukrainian artists as window for new production in Ukrainian studios, a fully developed educational program, and a new curatorial platform to foster the next generation of curators. 20 PEOPLE 21 22 PEOPLE PINCHUKARTCENTRE of FGAP-shortlistedartistsatthe Venice Biennial2011. generation ofartistshaditshighlight withthepresentation artistic development.Thecontinued commitmenttothefuture collaboration withartists,trusting themandsupportingtheir Art Prize(FGAP)for internationalyoungartists,asignalofour Cinthia Marcelle,winnerofthePAC’s biannualFutureGeneration exhibition waspresentedtogetherwithasolofrom and SergyiRadkevich(specialprize).ThePinchukArtCentreprize Nikita Kadan(mainprize),ZhannaKadyrova(specialprize) Marc-Olivier Wahler) cametoKievandchose thewinners: Degot, OlafurEliasson,Pavel Makov, Hans-UlrichObrist, The distinguishedinternationaljury(KateBush,Ekaterina applicants wereshortlistedfrommorethan1,100applications. PinchukArtCentre Prizefor youngUkrainianartists.20 Another highlightwasthesecondeditionofbiannual vision ofonetheleadingartistsourtime. by OlafurEliassionpresented(onthreefloors)thechallenging Damian Ortega.ThesummerexhibitionYour EmotionalFuture and IlyaChichkan,soloexhibitionsbyCandiceBreitz artists Vasiliy Tsagolov, ArsenSavadov, OleksandrRoytburd overviews. TheseincludedsoloexhibitionsbyleadingUkrainian in different formats, fromone-roompresentationstolargescale In 2011thePinchukArtCentrepresentedelevenexhibitions PRESENTATION INUKRAINE PRODUCTION ANDART ARTISTIC EDUCATION, NEW DEDICATED TO FOSTERING 23 24 PEOPLE CRADLES OF HOPE of prematurebabiesweresaved bytheprogramsince2006. according toourpartnerhospitals’ data,12,000lives received trainingfromtheCradlesofHopeprogram,and In 2011almost200surgeonsandnursesfromalloverUkraine program. opened inKirovograd,Kharkiv, Donetsk,andKyivaspartofthis investing over12millionUSDollars.Newcentershavebeen for all27neonatalcentersaspartofintheNewLife project, Viktor Yanukovych. TheFoundation willprovideequipment Health Protection”, initiatedbyPresidentofUkraine national project“NewLife –NewQualityofMaternalandChild In 2011,theVictor PinchukFoundation becamepartnerofthe 22 centershaveopenedsincetheprogrambegan. high-tech medicalequipment,trainingfor staffandITnetworks. hospitals throughoutUkraine.TheFoundation provides of state-of-the-art neonatalcentersbasedinexistingstate its “CradlesofHope” programsince2006,buildinganetwork The Victor PinchukFoundation hasbeendeveloping demographic threatfor Ukraine’s nextgeneration. Europe andtheUS.Thisisatragedyfor familiesandamajor Infant mortalityinUkraineis1,5timeshigherthanWestern MORTALITY INUKRAINE CENTERS TO CURBINFANT A NETWORK OFNEONATAL of thecountry. breakthroughs for thegood join forces, thiscancreateproject Founder Victor Pinchuk When thestateandbusiness since 2006 babies saved >12,000 2011 equipped in new centers 4 2006 and2010 opened between neonatal centers 22 25 26 SOCIETY UNITY ANDTOLERANCE PHILANTHROPIC DEVELOPMENT Jewish Communities Clinton GlobalInitiative Davos Philanthropic Roundtable Access toJustice Exhibition “ShoahbyBullets” Pride oftheCountry 27 28 SOCIETY PRIDE OF THE COUNTRY on apresentationofcandidatesinFakty Newspaper. Popovych andOleksandrShvetsselectsthewinnersbased Nina Matviyenko,BohdanStupka(†),Victor Pinchuk,Myroslav A distinguishedboardincludingSerhiiBubka,SemenGluzman, attitudes andwaysoflife. have beenrecognizedfor courageousactsandexemplary For 9years,ina ceremonybroadcastnationwide,people aware oftheextraordinarydeedseverydayUkrainians. Novy KanalTVandFakty Newspaper, wewanttomakepeople With “PrideoftheCountry,” whichweawardinpartnershipwith TO INSPIREOTHERS AND COMMITMENT CITIZENS FORCOURAGE AWARDING UKRAINIAN of theirspirit. themselves throughthe strength give allUkrainiansfaith in deeds ofordinarypeople. They event thathonorstheextraordinary mission oftheorganizersthis President ofUkraine Viktor Yanukovych I highlypraisethenoble to driveacar, hehasevenwonatable-tennis championship. skillfully useprosthetic arms,Volodymyr notonlymanages refuses tolethisdisabilityhold himback.Havinglearnedto 54-year-old Volodymyr Bovgyria,whodespitelosinghisarms, him onhisshouldersfor sevenlonghours.Anotherwinnerwas to savehislittlebrotherandkept himsafe anddrybyhoisting brother Bohdanwhofell intoamanhole.Andrewjumped year oldAndriyZhovtonogfrom Kyiv, whosavedthelife ofhis Among thePrideofCountryprizewinnersin2011was12 2011 Country” in “Pride ofthe laureates of 10 29 30 SOCIETY JEWISH COMMUNITIES Center” withoursupport. process for themultifunctional“InternationalHealthTraining the DnipropetrovskJewishcommunitycontinuedplanning and thesummereducationseminars“GanIsrael.”In2011, children andteenagersfromfamiliesinfinancialneed, It alsosupportsthehealthcomplex“BaitLebanot” for Jewish private pre-school,andtheschool144. the “BethKhana” college,theJosephandFanny Tsindlikht institutions inDnipropetrovskwith1,000students,including of Jewishcommunities.Itsupportsanetworkeducational of theDnipropetrovskJewishcommunityandFederation The Victor PinchukFoundation isaleadingsupporter COMMUNITY OF THEUKRAINIANJEWISH SUPPORTING THEREVIVAL from thebestteachers. and culturaltraditions, andlearn acquainted withJewish spiritual children havethechance toget and cultural traditions” participant ofthe program “Revivalofspiritual Natalia Proshenko I amverygratefulthatmy of theJewishpeople. calendars, andbooksonthereligion,historyculture of materialssuchasthe“World ofJudaism” journal, In addition,wesupportthepublicationanddistribution the implementationoftheircurrentprojects. the Federation of JewishCommunitiesin We supportthe25communitiesthatmakeup 31 32 SOCIETY EXHIBITION “SHOAH BY BULLETS” shootings in Ukraine for many years. shootings inUkraine for manyyears. research andinterviewswithhundreds ofwitnesses mass Catholic priestFather Patrick Desbois,whohascarriedout field from 1941to1944andisbased on theworkofFrench Roman and othercities,revealsthehistory oftheHolocaustinUkraine The exhibition,previouslydisplayed inParis, Brussels,NewYork Bullets: theMassShootingofJews inUkraine,1941-1944.” In KyivandKharkivwepresentedtheexhibition“Shoahby THE NAZIS JEWS INUKRAINEBY THE MASSSHOOTING OF EDUCATING ABOUT them. beyond thosewhoexperienced to preservevaluablememories journalist Vakhtang Kipiani This exhibitionisanattempt Ukrainian studentsindialogue. to maximallyinvolve,inform, andengage was carriedoutduringtheexhibition the UkrainianCentrefor HolocaustStudies Visual HistoryandEducationUSA by theUSCShoahFoundation Institutefor States. Theeducationalprogram,created of Israel,, GermanyandtheUnited In UnumandwiththesupportofEmbassies and presentedinpartnershipwithYahad – with thehelpofleadingUkrainianexperts, Memorial delaShoah,updatedandadapted The exhibitionwascreatedby visitors inKyiv 10,000 Ukraine exhibition in by bullets” of the“Shoah First showing 33 PROVIDING FREE LEGAL AID TO SOCIETY’S MOST VULNERABLE MEMBERS ACCESS TO JUSTICE ACCESS TO

The “Access to Justice” program of the International 27 Renaissance Foundation fights poverty and social exclusion by centers in 13 providing legal aid to the most vulnerable members of society regions in Ukraine. The program provides financial support for projects of legal aid and legal protection of vulnerable groups in the regions 32,000 of Ukraine. As part of the program, legal information and advice Ukrainians centers are founded. received In 2011, the geographical scope of the project was significantly professional expanded, with centers now working in 13 regions. Lawyers legal help provide legal help in the centers and also throughout the countryside. The legal centers provide mediation services to prevent conflicts and help communities to solve legal disputes outside of court, thus saving time and financial resources. If needed, the centers contribute to coordination between institutions to improve the interaction between government, local authorities and citizens. Far from being a luxury that the poor can live without, effective legal rights are a necessity for everyone.

“Making the Law Work for Everyone” Report from the Commission on Legal Empowerment of the Poor, 2008 34 SOCIETY 35 BRINGING TOGETHER GLOBAL LEADERS TO ADDRESS THE WORLD’S MOST PRESSING PROBLEMS

The Clinton Global Initiative (CGI) is a unique model 200 aimed at channeling the capacities of individuals new and organizations to implement change. It helps commitments its members to devise practical solutions to global valued at $6,2 problems by developing specific and measurable billion in 2011 CLINTON GLOBAL INITIATIVE GLOBAL CLINTON commitments to action. In total, since 2005 more than 2,100 commitments have been made, worth $69,2 billion, improving the lives of nearly 400 million people. The CGI Annual Meeting brings together world leaders from governments, the business community and society, to address the most pressing global challenges and transform their awareness into tangible action. Since 2005, CGI Annual Meetings have been attended by nearly 150 current and former heads of state, 20 Nobel Peace Prize laureates, hundreds of leading CEOs, major philanthropists, and representatives of leading NGOs and the media. The 2011 Annual Meeting took place in New York in September: Nearly 200 new commitments announced, valued at $6.2 President Clinton is building billion, will impact more than 100 million people. the CGI into a powerful philanthropic marketplace, where wealthy donors meet social entrepreneurs with bright ideas.

The Economist 36 SOCIETY 37 38 SOCIETY DAVOS PHILANTHROPIC ROUNDTABLE DAVOS WEF ANNUALMEETINGIN ON THEOCCASIONOF DISCUSSING PHILANTHROPY power ofcontemporaryart. thinking andsocietiesbyharnessingthetransformative discussed howphilanthropistscanchangeindividual Art andPhilanthropyChangingSocieties,”thepanelists on January27,2011.Underthetitle“ModernARTization: Foundation hosteditsfourth PhilanthropicRoundtable Economic Forum inDavos,theVictor Pinchuk On theoccasionofAnnualMeetingWorld future globalphilanthropists. It debatesinnovativeapproachesandseekstoinspire leaders frompolitics,businessandthenon-profitsector. together theworld’s mostrenownedphilanthropistsand The annualDavosPhilanthropicRoundtablebrings thought. they askquestionsandprovoke the worldawayfromsimplicity; Olafur Eliasson Art createsreality. Artists lead Muhammad Yunus. Bill andMelindaGates,JetLi,ShimonPeres and among others,Tony Blair, RichardBranson,BillClinton, Since 2007theRoundtable’s panelistshave included, of theNewChildren’s Museum. were artistDamienHirstandRachelTeagle, Director Paulo Coelho(moderator).Amongtheguestsofhonor art museum,artistOlafurEliassonandwriter Bernardo Paz, whofounded the“Inhotim” contemporary Authority BoardofTrustees, Brazilianbusinessman bin KhalifaAl-Thani, ChairpersonoftheQatarMuseums artist JeffKoons,H.E.SheikhaAlMayassabintHamad of theSolomonR.GuggenheimFoundation andMuseum, The panelbroughttogetherRichardArmstrong,Director 39 40 WORLD PROMOTING UKRAINEABROAD GLOBAL INTEGRATION EUROPEAN AND Peterson Institute Davos Ukrainian Lunch Yalta European Strategy Peres CenterforPeace Tony BlairFaith Foundation 41 42 WORLD YALTA EUROPEAN STRATEGY GLOBALIZED WORLD INTEGRATION INA PROMOTING EUROPEAN policy. dimension for Polish foreign a consensusofstrategic European aspirations. This is a dedicatedadvocateofUkraine’s Prime Ministerof Donald Tusk Marek SiwiecandJavierSolana. Alexander Rahr, Jean-PierreSaltiel, Mario David,StéphaneFouks, Victor Pinchuk, Aleksander Kwasniewski(Chairman), a distinguishedinternationalboard: recommendations. YESisgovernedby Ukraine’s placeintheworld,anddeveloppolicy society todebateglobalchallengesand together leadersfrompolitics,businessand for Europeinaglobalizedworld.YESbrings European integrationanddebatestrategies and prosperousUkraine,tosupportits network topromoteajust,democratic YES (www.yes-ukraine.org) isaninternational Poland hasalwaysbeen of Parliament. as wellPolish experts,civilservantsandmembers Polish MinisterofFinance JanVincent-Rostowski were heldwithPolish PrimeMinisterDonaldTusk, representatives ofcivilsociety. InWarsaw, meetings Members ofParliament, politicalleadersand the boardmetwithPrimeMinisterMykolaAzarov, and MembersoftheEuropeanParliament. InKyiv, of theCouncilEuropeThorbjørnJagland Neighborhood Policy ŠtefanFüle,SecretaryGeneral with EUCommissionerfor EnlargementandEuropean in theEUandUkraine.TheboardmetStrasbourg page), YESheldaseriesofhigh-levelmeetings In 2011,apartfromitsAnnualMeeting(seefollowing accession. an internationalinitiativetosupportUkraine’s EU the participantsproposedtojoinforces andcreate the futureofUkraineandEU.Duringconference, Pinchuk invitedsome30Europeanleaderstodebate YES wasestablishedinJuly2004Yalta, whenVictor 43 Andriy Klyuev, Carl Bildt and Kairat Kelimbetov (“Wider Europe in a Globalized World: Visions of Integration”); Javier Solana, Strobe Talbott, Igor Yurgens and Mani Shankar Aiyar (“World Architecture in — Continuous? — Reshaping”); Štefan Füle, Daniel Russell, , YALTA EUROPEAN STRATEGY YALTA 8th Yalta Annual Meeting (September 15 – 18, 2011) Tarek Osman and Martin Indyk (“Northern Africa, The 8th Annual Yalta Meeting, “Ukraine and the Middle East and Europe’s Neighborhood: the World: Common Challenges, Common Future”, Democratization or Backlashes?”); Mykola Azarov, brought together over 200 international and Ukrainian To be a global player Radoslaw Sikorski, Vladimir Filat and Štefan Füle (“Eastern Europe and the Role of Ukraine”); Thørbjorn leaders from politics, business and society to debate tomorrow, the EU needs global challenges for wider Europe and Ukraine. Jagland, Mevlüt Çavuşoğlu, Kostyantyn Gryshchenko, The meeting was opened by Ukrainian President to enlarge. Mario David and Arseniy Yatsenyuk (“Human Rights Viktor Yanukovych and President of the State of Israel and Democracy in Wider Europe”); Tony Blair, Niall . Panel discussions brought together Aleksander Kwasniewski Ferguson and Yuri Milner (“Key Trends That Will Shape Larry Summers, Jürgen Fitschen, Suresh P. Prabhu President of Poland (1995-2005), Tomorrow’s World”); Carl Bildt, Boris Kolesnikov, and Iryna Akimova (panel “The Global Economy — What Chairman of the board of YES Egemen Bağiş, and Anders Aslund Went Wrong and How to Right It”); (“Ukraine and Turkey: Europe’s China? Black Sea Tiger States?”); Pavlo Klimkin, Elmar Brok, Marek Siwiec and Hryhoriy Nemyria (“EU Association Agreement — A leader today is not the Ready to be Signed?”); Anatoliy Grytsenko, Vitaliy Klitschko, Natalia Korolevska, and person standing at the top. He is Arseniy Yatsenyuk (“Alternative Views on Ukraine’s the person moving forward Future — Perspectives of Political Leaders”) gave a dinner speech on“The Future of H.E. Shimon Peres Western Democracy and Market Economy.” President of the State of Israel 44 WORLD 45 PROVIDING INSIGHTS ON UKRAINE AND ITS EUROPEAN PERSPECTIVE

The Brookings Institution has repeatedly been ranked as The Brookings Center on the United States and

BROOKINGS INSTITUTION the world’s most influential, most quoted and most trusted Europe (CUSE), with the support of the Victor think tank (#1 think tank in the world according to the Global Pinchuk Foundation, plays a leading role in Think Tank Index 2011). Devoted to conducting high-quality promoting dialogue on the critical changes in independent research and providing innovative practical Europe and Eurasia that affect relations with recommendations, it aims to secure a more open, safe, the US. It explores strategies for engaging prosperous and cooperative international system. The Victor countries and addressing conflicts in Pinchuk Foundation is partnering with Brookings to promote the regions immediately beyond debates in the West especially about the EU’s neighborhood the institutional frontiers of the EU, including policies and US policy towards Eastern Europe and Ukraine. Ukraine. In 2011, among others, Strobe Talbott conducted a conversation at Brookings in Washington with Javier Solana on “Europe’s Eastern Frontiers”, and CUSE held a two-panel session on Ukraine and hosted Deputy Foreign Minister Pavlo Klimkin, Vitaliy Klitschko and others for briefings with Ukraine experts.

46 WORLD 47 48 WORLD DAVOS UKRAINIAN LUNCH DAVOS WEF’S ANNUALMEETINGIN PROMOTING UKRAINEDURING of theAnnualMeetingWorld Economic Forum. have hostedtheeventsince2005onoccasion and internationalinvestmentadvisorygroupEastOne and economicchallenges.TheVictor PinchukFoundation world leaderslearnaboutanddebateUkraine’s political international annualgatheringoutsideUkrainewhere The DavosUkrainianLunchisthemostprominent and themediaattendedevent. 300 leadersfrombusiness,politics,thesocialsector of UkrainethroughitscooperationwithPoland. Around and fostering theEuropeanandglobalintegration infrastructure projects,developingtourismpotential, hosted championshipfor attractinginvestorsfor major The debatefocused onthepotentialofjointly the discussionwasmoderatedbyChrystiaFreeland. Swedish MinisterofForeign AffairsCarlBildt, of theircountries.Aspecialcommentwasgivenby Football Championship canboostthedevelopment Komorowski discussedhowtheUEFA 2012European Viktor Yanukovych andPolish PresidentBronislaw “2012@PL&UA,” PresidentofUkraine At the7thDavosUkrainianLunchentitled 49 50 WORLD PETERSON INSTITUTE publications inleadingmediaoutlets. It providesadvice,hostsbriefings andcontributesregular Anders AslundonUkraine,Eastern EuropeandRussia. the publicationofbooksbyPeterson InstituteSeniorFellow The EastEuropeanandUkrainian Programhassupported elites oftheeconomicchallengesfacingUkraine. knowledge amonginternationalpolitical,socialandbusiness its “EastEuropeanandUkrainianProgram” topromotegreater the Peterson Institutefor InternationalEconomicslaunched In 2006,atthesuggestionofVictor PinchukFoundation, WEST UKRAINIAN ECONOMYINTHE UNDERSTANDING OFTHE FOSTERING ANALYSIS AND and currencycrises. exchange ratesystems,andresponsestodebt adoption ofinternationalbankingstandards, of theInternationalMonetaryFund(IMF), suggested concretesolutionsfor them:reform of internationaleconomicproblemsand and objectiveanalysisofawiderange Since 1981theInstitutehasprovidedtimely to thestudyofinternationaleconomicpolicy. non-partisan researchinstitutiondevoted Economics isaprivate,non-profitand The Peterson Institutefor International 51 52 WORLD PERES CENTER FOR PEACE with the powerful energiesofthe nearbyMediterraneanSea. with thepowerful building createsasenseoftransparencyandinfusesthe community. Thecementand glasslayeredstructureofthe of theancientcityJaffa,auniquelymixedArab-Jewish operated fromthePeres Peace House,locatedontheshores youth, technologyandthearts.Since2010Peres Centerhas sports, agriculture,theenvironment,business,education, and people-to-peopleinteractioninfieldssuchasmedicine, Israelis andPalestinians, fostering socio-economiccooperation Peres Centerconductsdozensofprojectsinvolvingthousands of IsraelandNobelPeace PrizelaureateShimonPeres, the Arab neighbors.Founded in1996bythePresidentofState organization promotingpeacebuildingbetweenIsraelandits The Peres Centerfor Peace isIsrael’s leadingnon-profit COOPERATION PROJECTS AND FUTURE-ORIENTED PROMOTING PEACE-BUILDING peace educationactivities. they participatedinconflictresolutionand together for avisittotheregionduringwhich an onlineplatform. Thusprepared,theycame through moderateddialoguesessionsand got toknoweachotherpriortheencounter that aremaintainedviatheInternet.Theyouth stereotypes andform long-lastingfriendships teenagers togetknoweachother, overcome a forum for Palestinian, IsraeliandUkrainian Youth ExchangeProgram.Theprojectprovides the Peres Centerfor Peace organizedajoint In 2011,theVictor PinchukFoundation and 53 54 WORLD TONY BLAIR FAITH FOUNDATION religious andculturaldivides: cohort ofyoungpeopletoforge betterrelationshipsacross countries, includinginUkrainewhereitismobilizingagrowing Since 2008,theFoundation hasbuiltapresenceinover143 forcehow faithcanbeapowerful for goodinthemodernworld. understanding abouttheworld’s majorreligionsandshows The Tony BlairFaith Foundation promotesrespectand RELIGIONS ABOUT THEWORLD’S MAJOR PROMOTING UNDERSTANDING Founder andPatron Tony Blair and mutualrespect. each otherbetterandlive inpeace faiths andculturestounderstand than gettingpeopleofdifferent there isnothingmoreimportant In aneraofglobalization, citizenship. 21st centurylife skills,preparingthemfor globalandUkrainian their insightsinaninternationalcontextanddevelopvaluable students andteachers,alsoinUkraine,theopportunitytoshare an onlinecommunityof10,000students.Face toFaith offers in 19countriesandhasengagedover600schools,involving The globalschoolsprogramFace toFaith isactive an informed andpeacefulUkrainiansociety. to appreciatetheroleofreligioninworld–andhelpbuild education institutions,itwillequipgraduateswiththeskills religion andglobalization.Working withUkrainian higher to developadeeperunderstandingoftherelationshipbetween universities whichundertakesacademicteachingandresearch The Faith &GlobalizationInitiativeisanetworkof8leading Initiative Globalization the Faith and participants of >2,000 55 2006 March 6 Formal establishment of the Victor Pinchuk Foundation to consolidate Victor Pinchuk’s philanthropic activities developed over more than ten years.

June 1 Launch of the “Cradles of Hope” project: development of a network of state-of-the-art neo-natal centers

HISTORY 2007 throughout Ukraine to curb infant mortality. January 19 Opening of the PinchukArtCentre’s 2nd exhibition, July 15 “GENERATIONS.UsA”. Scholarships for Ukrainian young leaders to attend the Aspen Institute Executive Seminar in Aspen, January 26 Colorado. Development of the Aspen Ukraine Initiative. 3rd Davos Ukrainian Lunch on the occasion of the annual meeting of the World Economic Forum September 16 with Vaira Vike-Freiberga, Aleksander Kwasniewski, Inauguration of the PinchukArtCentre, the first large Viktor Yanukovych, Arseniy Yatsenyuk, Olli Rehn, contemporary art centre in Ukraine. George Soros and Dominique Strauss-Kahn.

October 18 January 31 Premiere in Kyiv with of “Spell Your Launch of Zavtra.UA, Ukraine’s first large-scale Name,” a documentary about the Holocaust in Ukraine, privately funded university scholarship program. co-produced by Steven Spielberg and Victor Pinchuk with the USC Shoah Foundation Institute. June 7 Opening of the Ukrainian Pavilion under the aegis of the PinchukArtCentre at the 52nd Biennale International Art Exhibition in Venice. June 28 – July 1st 4th YES Yalta Annual Meeting featuring, June 16 among others, , Victor Yushchenko, HIV/AIDS public awareness concert with Aleksander Kwasniewski, Gerhard Schröder in Kyiv, over 200,000 spectators and 4 million TV and Dominique Strauss-Kahn. viewers. Exhibition of photographs from the collection of Elton John at the PinchukArtCentre. October 6 Opening of the 5th exhibition at the PinchukArtCentre, entitled “Reflection”.

October 9 Public Lecture by in Kyiv James Wolfensohn, 9th President of the World Bank.

October 24 Public Lecture in Kyiv by Colin Powell, 65th US Secretary of State.

56 57 2009 January 29 2nd Davos Philanthropic Roundtable “From Philanthrocapitalism to Philanthrocrisis,” with Bill Clinton, Tony Blair, , Richard Branson, 2008 Muhammad Yunus and Jet Li. HISTORY January 24 January 30 1st Davos Philanthropic Roundtable on the occasion 5th Davos Ukrainian Lunch “Crisis: In & Out” with of the Annual Meeting of the World Economic Forum Hryhory Nemyrya, Arseniy Yatsenyuk, George Soros, with, among others, George Soros, Matthew Bishop, Thomas Friedman and Chris Patten. Kateryna Yushchenko, Walter Isaacson and Tadataka Yamada. April 10 “Pride of the Country” award ceremony. January 25 4th Davos Ukrainian Lunch with, among others, April 22 Victor Yushchenko, James Wolfensohn, Fred Bergsten, “Cradles of Hope” neonatal centre opened in Kyiv with Jean Lemierre and Michael White. funds raised by the auction of Damien Hirst’s painting “Dark Days,” which the artist donated specifically for June 3 this purpose. April 8 Opening of a “Cradles of Hope” center in Zhytomyr. Public lecture in Kyiv by Muhammad Yunus, By the end of 2008, 16 centers were opened. Nobel Peace Prize Laureate (2006). April 25 “Requiem”, Damien Hirst’s largest solo exhibition June 14 May 15 to date, opened at the PinchukArtCentre. July 16 Independence Concert by Sir Paul McCartney in Kyiv, “Cradles of Hope” center in Mykolaiv opened. Public lecture in Kyiv by Kofi Annan, with over 350,000 spectators. 7th Secretary-General of the United Nations. May 18 2nd Zavtra.UA Forum in Kyiv brings together over September 24-27 July 10-13 300 scholarship holders. 6th YES Yalta Annual Meeting with, among others, 5th YES Yalta Annual Meeting with, among others, Aleksander Kwasniewski, James Wolfensohn, Tony Blair, Dominique Strauss-Kahn, Mikhail Saakashvili June 3 Wu Jianmin, Ronnie Chan, Joschka Fischer, Viktor and Aleksander Kwasniewski. The PinchukArtCentre presents the “Steppes of Yanukovych, Yulia Tymoshenko and Arseniy Yatsenyuk. Dreamers” Ukrainian Pavilion at the 53rd Venice December 15-17 Biennale. October 1 “The Frontiers of Europe” conference in Kyiv, organized “Cradles of Hope” training course for neonatologists with the Brookings Institution and YES. June 24 in Zhytomyr Region. Start of selection process for the WorldWideStudies international scholarship program. October 31 Exhibition at the PinchukArtCentre of 20 young Ukrainian artists shortlisted for the PinchukArtCentre Prize.

December 4 “Cradles of Hope” center opened in Ternopil.

December 4 First PinchukArtCentre Prize for young Ukrainian artists awarded.

December 8 “Future Generation Art Prize” launched in New York – the first worldwide art prize for young artists awarded through an open competition.

58 59 2010 April 16 January 23 Public lecture with Joschka Fischer, former Solo Exhibitions of Subodh Gupta and Sergey Bratkov Minister of Foreign Affairs and Vice Chancellor opened at the PinchukArtCentre. of Germany. HISTORY January 28 April 24 3rd Davos Philanthropic Roundtable “Hi Teach = “Sexuality and Transcendence” exhibition opened High Tech + Philanthropy + Education” at the occasion at the PinchukArtCentre. of the annual meeting of the World Economic Forum, with Shimon Peres, Melinda Gates, Jimmy Wales, May 17-20 Nicholas Negroponte, Shelly Esque and 3rd Zavtra.UA Forum in Kyiv brings together John Edward Sexton. over 300 scholarship holders.

January 29 May 26-29 6th Davos Ukrainian Lunch “Presidential Elections – “Cradles of Hope” seminar for nurses working Quo Vadis, Ukraine?” at the occasion of the Annual on maternity wards. Meeting of the World Economic Forum with Presidential candidates Viktor Yanykovych (via TV link), June 22 Yulia Tymoshenko (via TV link), Sergey Tigipko, WorldWideStudies grants awarded to 17 Ukrainians Arseniy Yatsenyuk, as well as Carl Bildt and to obtain a Master’s degree at some of the world’s October 4 Aleksander Kwasniewski. leading universities. Public lecture with William J. Clinton, 42nd President of the United States. February 24 July 7 20th “Cradles of Hope” neonatal centre opened in Sumy. 21st “Cradles of Hope” neonatal center opened October 30 in Kherson. Exhibition of 21 artists shortlisted for the Future March 31 Generation Art Prize 2010 opened Public lecture with Strobe Talbott, President September 30 – October 3 at the PinchukArtCentre. of the Brookings Institution and Javier Solana, former 7th YES Yalta Annual Meeting “Ukraine and the World: High Representative for Common Foreign and Security Rethinking and Moving On” with, among others, November 10-12 Policy of the EU and Secretary General of NATO. Viktor Yanukovych and “Cradles of Hope” seminar for personnel of newborn President of the Republic of Poland Bronislaw intensive care units. April 14 Komorowski, Mykola Azarov, Alexander Babakov, “Pride of the Country” prize awarded. Carl Bildt, William J. Clinton, Joschka Fischer, November 22 Stefan Füle, Andrey Kostin, Alexey Kudrin, Start of the second selection competition Javier Solana, Dominique Strauss-Kahn, for the WorldWideStudies program. Viktor Vekselberg and Alexander Voloshin. November 24 Public lecture with Shimon Peres, President of the State of Israel.

December 2 22nd “Cradles of Hope” neonatal centre opened in Uzhhorod.

December 10 Brazilian artist Cinthia Marcelle received the Main Prize of the Future Generation Art Prize 2010.

60 61 COMBINED STATEMENT OF PEOPLE 56% CASH RECEIPTS SOCIETY 20% AND DISBURSEMENTS * For the year ended 31 December 2011 (in US dollars)

2011 CASH BALANCE AS AT 1 JANUARY 751 540

WORLD 14% CASH RECEIPTS COLLECTED: Other Charitable Activities, Contributions and charitable donations from legal entities and individuals 14 337 068 administrative Expenses 10% Interest received from bank deposits 4 124 TOTAL COLLECTED 14 341 192

EXPENSES PAID: People 8 071 754 PinchukArtCentre 4 601 823 The Victor Pinchuk Foundation was established in 2006, “Cradles of Hope” 2 033 773 bringing together the various lines of philanthropic Zavtra.ua 793 396 activities Victor Pinchuk had been developing over World Wide Studies 429 046 the previous 10 years. The Victor Pinchuk Foundation combines three legal entities: one not-for-profit UK Kyiv School of Economics 200 000 entity, “The UK Office of the Victor Pinchuk Foundation”, Public lectures 13 716 which serves as the international representative office and facilitates the Foundation’s international activities, Society 2 866 764 and two charitable not-for-profit organizations Clinton Global Initiative (CGI) 1 100 000 registered under Ukrainian charity law that cover Dnepropetrovsk community programs 624 669 different activities (Ukrainian Charitable Organization Tony Blair Faith Foundation 500 000 “Foundation of Victor Pinchuk – Social Initiative”, and “Charitable Foundation of Victor Pinchuk “Modern Art in Jewish community 266 267 Ukraine”). Shoah by Bullets 176 844 Davos Philanthropic Roundtable 153 403 All the activities of the above foundations, hereinafter Legal aid and legal clinics 24 688 collectively referred to as “The Victor Pinchuk Pride of the country 20 893 ORGANIZATIONAL INFORMATION ORGANIZATIONAL Foundation”, are governed by one management team.

& Reporting to the founders on an annual basis, the World 2 021 332 management prepare a combined statement of cash Yalta European Strategy 1 201 823 receipts and disbursements representing the cash receipts and disbursements of these three foundations Israeli Presidential Conference “Facing Tomorrow” 375 000 together with a summary of significant accounting Brookings institution 200 000 policies and other explanatory information (the Davos Ukrainian Lunch 124 509 “Combined Statement”). The Combined Statement for Peterson Institute for International Economics 100 000 2011, audited by Ernst & Young Audit Services LLC, Peres Center for Peace 20 000 was issued on 06 April 2012. A full set of the Combined Statement together with Independent Auditor’s Report OTHER CHARITABLE ACTIVITIES 57 430 The financial information can be obtained on request from the Victor Pinchuk * ADMINISTRATIVE EXPENSES 1 445 959 presented herein has been Foundation. extracted from the audited TOTAL EXPENSES 14 463 239 combined statement of cash FOREIGN EXCHANGE LOSSES 26 694 receipt and disbursements of The Foundations receive donations primarily from legal the Victor Pinchuk Foundation entities for the purpose of funding various charitable for the year ended 31 December FINANCIAL and social projects and making charitable donations. CASH BALANCE AS AT 31 DECEMBER 602 799 2011. 62 63 64 MANAGEMENT TEAM Head oftheBoard Julia Chebotareva of thePinchukArtCentre Artistic Manager Bjorn Geldhof Financial–Administrative Director of thePinchukArtCentre General Director Eckhard Schneider Victoria Chernyavska Deputy HeadoftheBoard Thomas Weihe of theYalta European Strategy Klympush-Tsintsadze xctv Director Executive Ivanna Deputy HeadoftheBoard Valeriy Vakariuk Chief strategic advisor Denis Semenov of thePinchukArtCentre xctv Director Executive Dmitry Logvin Director Communications Dennis Kazvan 65 p. 22 left JEFF WALL War game, 2007 ANDREAS GURSKY p. 07, 10-11, 13 top -15 99 cent, 2001 © 2012 Victor Pinchuk Foundation DAMIEN HIRST Photographed by Sergii Illin St Bartholomew, Exquisite Pain, 2006 Installation view of the Collection Platform p. 20 left at the PinchukArtCentre nominees of the PinchukArtCentre Prize 2011, Victor Pinchuk, Artist © International Jury members: Hans Ulrich Obrist, Marc Olivier Courtesy PinchukArtCentre Wahler, Katerina Degot, Pavel Makov, Kate Bush and the PinchukArtCentre team p. 22 top right Visitors attending Food for Thought at p. 20 right the PinchukArtCentre Children attending a Family Sunday at p. 22 bottom right

PICTURE SOURCES the PinchukArtCentre OLAFUR ELIASSON p. 21 Rainbow compass, 2011 HECTOR ZAMORA Installation view with Valentyn Yumashev, Tatyana Yumasheva, BAM - construction of the century!, 2010, installation view Victor Pinchuk, Elena Pinchuk and Olafur Eliasson at at the Venice Biennale 2011 the PinchukArtCentre Artist © Artist © Courtesy PinchukArtCentre Courtesy PinchukArtCentre

p. 23 OLAFUR ELIASSON Your star house, 2011, installation view at the PinchukArtCentre Artist © Courtesy PinchukArtCentre

p. 24-29, 32-33, 38-39, 48-49, 64-65 © 2012 Victor Pinchuk Foundation Photographed by Sergii Illin

p. 42-45 © 2012 Victor Pinchuk Foundation Photographed by Sergii Illin and Oleksandr Indychii

p. 52-53 © 2012 Peres Center for Peace Photographed by Nir Keidar 66 67 2 Mechnikova Str., 01601, Kyiv, Ukraine, Tel.: +380 44 490 4835, Fax.: +380 44 490 4878 [email protected], www.pinchukfund.org