More About Us

By the summer of 2007, Dr. Ossipov's work, and those of his colleagues, began to pay off: the introduction of new doctors, a new intensive care unit, new methods of diagnosis and treatment, all combined to halve the death rate experienced at Tarusa hospital. The local charitable initiative had won recognition nationally, and a number of prominent Russian personalities and specialists combined to ensure the success of grassroots fundraising as well as a higher level of organizational governance.


Now, with current medical needs increasingly financed by charitable Russian citizens, it is time to secure adequate long-term financing through “The Endowment in Support of Tarusa Hospital”. A $2.5m endowment, conservatively invested, should provide substantial ongoing support to the hospital. Its successful administration should provide a needed model for others trying to raise the level of philanthropy in Russia. (Bernie, do you want to keep this. Is this a hypothetical amount or a fundraising target to reach? What sustainability does it give, i.e how many years of funding?)

And as the Russian government readies new rules that encourage precisely this kind of social activity, Tarusa – by bringing its endowment funds home to Russia – may very well become the first of a new kind of charitable organization to stand on its own legs on native soil.