Since 2019 the endowment fund accumulates donations from individuals and businesses to support the Museum’s activities in years (and even generations) to come.
Donations to the Endowment Fund are not used to support existing activities but to generate investment income that is used for the Museum’s development or may be reinvested.
Today Garage Endowment Fund is the third largest museum endowment in Russia.
Endowment Fund 1 was created to support all areas of the Museum’s work. Investment income is spent on projects linked to the Museum’s collection and on public program events, as well as to support the work of the Library, Garage Archive Collection, Garage Studios and Artist Residencies at VDNKh, and Garage Screen. Investment income is also used to support publication of books and development of the Museum’s external projects.
Endowment Fund 2 was created to finance activities in the field of education and science, support students, researchers and professors, and support scientific journals.
Endowment Fund 3 was created to support the acquisition, preservation, and study of the three interrelated collections at Garage: the art collection, the archive, and the artist’s book collection. Investment income is used for the restoration, study, and public display of objects from the Museum’s collections.