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CHARITY COMMISSION | FOR ENGLAND AND WALES

Trustees’ Annual Report for the period

From 31/08/2022 Period start date To Period end date

30/08/2023

Charity name: Open Culture Foundation

Charity registration number: 1158450

Objectives and Activities

a
Summaryofthe purposes of	Para 1.17 the charity as set out in its
governing document			established in 2014 to support and promote
			projects in the field ofecology, culture and
			art. One ofthe priorities ofthe Foundation is
			organizing exhibitions and educational
			activities.
			Artis what unites people of different cultures
			and ideologies around the world. From our
			sidewe tryto provide information support for
			cultural projects, as well as support
			educational and other projects related to
			environmental protection in every possible
			way. We strive to achieve ourgoals through
			close interaction with the media, publication

			cultural events.
Summaryofthe main	activities in relation to those	-1.17and ,
purposes for the public benefit, in particular, the			; ; ; -Venice Film Festival
activities, projects orservices identified in the accounts.			, s ~ Cannes Film Festival
		}
Statement confirming	Para 1.18		The trustees confirm thatthe Charity has
whether the trustees have			complied with its duty in section 17 ofthe
had regard to the guidance			Charities Act2011 to
issued by the Charity			havedue regard to public benefitguidance
Commission on public			published by the Charities Commission
benefit			when reviewing itsaims
			and objectives and in planning future
			activities.

Additional information (optional) You may choose to include further statements where relevant about: ee eee

—e	Po
	Para 1.38
Policyon social investment
including program related
investment
	Para 1.38
Contribution made by
volunteers
See

Achievements and Performance

pO	SRPreferencePO As a partnerofthe BeterWorld Forum in	SRPreferencePO As a partnerofthe BeterWorld Forum in
		Venice, theOpen Culture Foundation invited
		people toa series ofhigh-level events to
Summaryofthemain achievements of the charity,	Pare1.20	promote ideasaboutsustainabilityasa winning strategy forthe future.
identifying thedifference the		AttheCannes event,we try to be involved in
charity’sworkhasmadeto		creating a supportive policyand governance
the circumstances of its		frameworkforsustainable forestry and land
beneficiaries and anywider		use practices. This will provide a structured
benefits to societyas a		path forprotecting natural resources,
whole.		empowering focalcommunities, and aligning withglobalsustainabilitygoals.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against	Para 1.41
objectivesset
Performance offundraising activitiesagainstobjectives
set

P•a 1.41 agatr*t obje¢ Other

Financial Review

genipienatinnsff financial position atthe end of the period Statementexplaining the Para 1.22 Thesefunds are held tomeetany	genipienatinnsff financial position atthe end of the period Statementexplaining the Para 1.22 Thesefunds are held tomeetany
policy forholding reserves	unforeseen expenditure that may occur.
stating they are held	Amountofreservesheld
charity continuing as a going
concem
Additional information (optional)
You may choose to include furtherstatements	where relevant about:
The charity’s principal sources offunds (including	2 1.47
any fundraising)
investment policy and objectives including any Para 1.46
social investmentpolicy
adopted
Adescription ofthe principal	Para 1.48 rome See

Structure, Governance and Management

Description ofcharity’s
trusts:
Type ofgoverning document		Constitution adopted 17" March 2014
How is the charity	Para 1.25	Charitable incorporated organisation
constituted?
	"
Trustee selection methods	Para 1.25	Every trustee must be appointed bya
including details ofany		resolution passed ata properly convened
constitutional provisions e.g.		meeting ofthe charity trustees
election to post orname of
any person orbody entitled
to appointone or more
trustees
Additional information (optional)
You may choose fo include further statements		where relevant about:
Policies and procedures adopted forthe induction and		Par 1.51
training oftrustees
The charity's organisational
structure and anywider	Para 1.51
network with which the
charity works
Relationship with any related		Para 1.51
parties
es

Reference and Administrative details

|Charity name
|
OpenCultureFoundation
Othernamethecharityuses||Charity name
|
OpenCultureFoundation
Othernamethecharityuses||Charity name
|
OpenCultureFoundation
Othernamethecharityuses|| |---|---|---| |Registered charity|number|| |Charity’s principal|address|9 Burnham Court,| |||Moscow Road,| |||London W24SW| |PT|||

Namesof the charity trustees who manage the charity

1[NatalyaResh [Chair| 2|LiubovPolvoda | | | CCCizC 3|TamaraRosenberg {|PE DQ Qa QO SD QOS ne DD OO a DO(OO ADaGO ( 1 S(O SO 5GD OC A OQ OO 5 a a aSO( DO a ( 2 2 Corporate trustees — names of the directors at the date the report was approved PCS [Duectorname es eneUU (On eG QO a a Se QO

Name of trustees holding title to property belonging to the charity

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| Trusteename | Dates actedifnotforwholeyear [Cs
a (
es (OO
a OO
po
a S(O
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Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity's objects _ | Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address ————— Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of;— details

Other~ information

Declarations

The trustees declare that they have approved the trustees’ report above.

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Signed on behalfof the charity's trugtées
rn na
Chair, etc)
Pate!ate 10/06 [dO
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Ae FOR ENGLANDAND WALES
Receipts and payments accounts CC16a
For the period Te
from 31/08/2022 30/08/2023
Section A Receipts and payments
Unrestricted Restricted Endowment
funds funds funds Tosatsttents nial
tothenearest £ to the nearest£ to the nearest £ to the nearest£ to the nearest£
Al Receipts
Reaee” ||eS |eS 2= |eee
(iBniis ReeS e e, |||5aEEPERSa) ||ae.eSEES 9)|| ee |es
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aenae ||ee|a | |ee
Sub total (Gross income for EE ||See |ES | |ee
AR)
A2 Asset and investment sales,
(see table).
ee
SSea ee
Sub total]
A3 Payments
MIee |ES |RE Ss |
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oeee 2ers: ees se |eee
isee i |ia |ES )oo |ee
eee, e ee"e: | | e ese S | R S |2:| eS |
nnaeee |ees|ees fa |eee
eee Geeee" |||ee | E DS):| |
Subteteii-s. bboy fe iGen ieB [Sg)]
A4 Asset and investment
purchases, (see table)
ee
DP mee
Sub total |—--- =~ = +]
ASTransfersbetweenfundsNet of receipts(payments)| ROE |Cea |ESE:
A6Cashfundslastyearend | _- De) |eee
|1,656) |] | 1.856)
Cash funds this yearend| 1,856 eea |eS |ee
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CCXX Ri accounts (SS)

30/06/2024

Section B Statement of assets and liabilities at the end of the period

Unrestricted Restricted Endowment funds funds funds to nearest £ to nearest £ to nearest £ Total cashtunds [aoe] __-|| (agree balances with recespts and payments accounts)) Unrestricted Restricted Endowment funds funds funds aa —[ to nearest £ to nearest £ to nearest £ _ —= Fund to which . Current value 1 asset belongs Cost (optional) optional) Fund to which Amount due When due - —~ =fiability relates optional =tional Signed by one or two trustees on ’ : Date of behaif of all the trustees Sig o; Poa approval

CCXX R2 accounts (SS)