Charitable Program “Education XXI”
Charitable program “Education XXI” gives an opportunity to all age children categories studying in various type of schools from the 1-st to the 10-th forms to get a higher or special secondary education after finishing a school.
Assistance to growing up generation in education, science, culture, to form aspiration to receive higher or special secondary education and occupation required by modern conditions.
The basic financial idea of the project consists that with certain age of the child the relatives determine the sum planned on payment for studying of the child in institution or college. Tariff rates are different in view of age of the child, the earlier payments are carried out, the sum is less. Ten tariff plans differ on size of a total sum of payment: from 30 up to 150 thousand roubles. In the period of payments receiving, and also in process of their accumulation the received money begins to produce a profit as interests. When the sum deposited to the Fund s account no any independent financial operations with accumulation made by the Fund. The accounts are opened in Sberbank of Russian Federation. All the charges of interests are made by bank.
At entering institution, according to made contract, student receives the sum of the stipulated social aid with the additional interests charged by Fund for several years (a minimum one Year).
Besides, the grants will be paid to the talented students extremely from own Fund's means.
The well-known insurance companies incur all risks for safety of financial assets of Charitable Fund «Children of the World».