Finance & Investment

The Blavatnik Family Foundation’s Worthy Causes

The Blavatnik Family Foundation was founded by Sir Leonard Blavatnik, a world-renowned philanthropist and head of conglomerate Access Industries, who has dedicated himself to causes that support the advancement of education, science, art, and good governance.

The generosity of the Blavatnik Family Foundation over the past decade has led to contributions totaling over $700 million and benefitting more than 250 deserving charities around the world. Its commitment to education and scientific research is apparent in its list of beneficiaries.

A large part of its contributions has benefitted Harvard Medical School. At $200 million, that has been the school’s largest gift to date. That sum also excludes another $60 million donated to various initiatives at Harvard Business School. Apart from Harvard, other notable educational institutions have the foundation’s support as well. These include Yale University, Stanford University School of Medicine, Columbia University’s Fu Foundation School of Engineering and Applied Science, University of Pennsylvania’s Perelman School of Medicine, and Tel Aviv University.

The Blavatnik Family Foundation has also made significant contributions to cultural pursuits. New York’s famed Carnegie Hall, for example, received $25 million from the foundation in support of its initiatives in art, education, and digitization. London’s esteemed Tate Modern Museum also received £50 million (over $60 million) from the foundation in support of the Victoria and Albert Museum.

According to the foundation, it is guided by “the belief in the unlimited potential for innovation and discovery.” Through its continued generosity, it has not only made a significant impact in the field of education and research but also helped preserve the world’s culture and beauty.