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Reports and transparency

We publish financial statements, audit opinions and programme results. Every contributor can see how their contribution is working.

Financial model

Key figures

Fund documents
₸ 2 bn

endowment capital

up to ₸ 10 bn by 2029
15–20%

target return

a year, per the financial model
up to ₸ 300 m

charitable spending limits in 2026

forecast: ₸ 255–300 m
≤ 15%

administrative costs

of investment income

Forecast support, ₸ m

Forecast under the Fund’s financial model. 2026 shows the upper end of the ₸ 255–300 m range.

Annual programme budgets

Education₸ 60–100 m
Scienceup to ₸ 100 m
Innovation₸ 60–100 m
Administrative costs≤ 15% of income

Charitable spending limits in 2026

₸ 255–300 m

Reports

Annual report2026

Annual report 2026

PDFComing soon
Independent audit

The annual financial statements are independently audited every year

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