CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 3110812023 Period end date Period start date To 3010812024 Charity name: Open Culture Foundation Charity registration number: 1158450 Objectives and Activities SORP rele￿nce Summary of the purposes of the charity as set out in its governing document Paa 1.17 Our slogan is "Art at the serwce of humanity.- The Open Cullure Foundation, founded in 2014. supports and promotes projects in the fields of ecology. cullure. and art. A major focus is the organisation of exhibitions and educational events that untte people from differenl cultural backgrounds and promote sustainability and social engagement. We provide informalion support for cultural initialives and actively contribute lo projects related to environmental proteclion through collaboration with the media. publication. and public engagement. Summary of the main activities in relation to those purposes for the public benefit, in particular, the aclivities, projects 01 services idenlified in the accounts. Para 1.17 and 1.19 During the year, we partnered with the Better World Fund on two major events: . Venice. 7-8 September 2023.. A Women Empowetment charity evening and masterclass held dunng the Venice Film Festival. In partnership wilh the Maria Callas Foundation, the event included panel discussions featuring women in cinema. diplomacy. govemance. and the arts to exptore real-world gender dynamics. . Cannes. 1>16 May 2024: A special Women Empowerment Edition during the Cannes Film Festival. Highlights included a gala dinner. live cc￿certS by Lang Lang and Joyce Jonathan, and a masterclass in support of Ihe Lang Lang Foundation to promote global music education. Statement confirming whether the trustees have had regard to Ihe guidance issued b the Charit Para 1.18 Commlssion on public benefit The trusteès confiNn that the Charity has complied with its duty in section 17 of the Charities Act 2011 to have due regard to public ben8fjt guidan￿ published by the Charities C￿mMiSsion when reviewing its aims and objectives and in planning future 8ciivili8s. Addltional information (optional) You ma choose to indude further statements where relevant abouL' SORP rofeienco Paa 1.38 Policy on grant making Pard 1a8 Policy on social investment induding program relaled inveslment Para 128 Contribution made by volunteers Other Achievements and Performance Our Venice event celebrated the centenary of Maria Callas. using her le8ary to amplify messages of female leadership and empowermenL The Cannes event brought together 8lobaS fi8ures in arts. diplomacy, and activism to support music education and gender equality. reaching audiences in over 50 countries through extensive media coverage and livestreaming. Summary of Ihe main achtevements of the charlty. identifying the difference the charity's bw)rf( has made to the ar¢umst8nces of its beneficiaries and any wider benefits to society as a whole. Para 12rJ Addilional infomiation (optional) You ma c￿￿Ose to include furfher statements where relevant abouL" Achievements againsl objectives set P•a 1.41 Performance of fundraising activits'es against objectives set Parn 1A1 Investment performance against objectives 1.41 Other Flnancial Review Review of Ihe charitys financial position at th8 end of the nod sktement explaining Ihe policy for holding reserves statin are held Amount of reserves hekl Pwa 1.21 Para 122 These funds are retained to cover any unforeseen expenditures. Parn 122 £1.656 Reasons for holding zero reserves Details of fund materiaNy deficit Explanation of any uncertainties about the charity continuing as a going concem Parn 122 Pva 124 Parn 1XJ Addftlonal Infomiatfon (optional) You ma choose to indude further statements whete relevant about The charity's principal sources of funds (indurfing any fundraising) Pap 1.47 Investrnent pollcy and objectives induding any social investrnent policy adopled Pm 1.46 A description of Ihe principal risks faC￿1g the chaiity P¥• 1A6 other Structure, Governance and Management Description of charity's trusts.. Type of governing document Pwa 1.25 Constitution adopted 17 March 2014 How is the charity constituted? Para 1.25 Charitable IncorFK)rated Qrganisab'on (CIO) Trustee selection methods including details of any constitutional provisions e.g. election lo post or name of any person or body entitled to appoint one or more trustees Para 1.25 All tnjslees are appointed by resolution at properly convened meetings. Addilional infomiation (optional) You ma choose to include further statements where relevant about.. Policies and procedures adopted for the induclion and training of trustees Para 1.51 The charity's organisational structure and any wider network with which Ihe charity works Para 1.51 Relationship with any related parties Para 1.51 Other Reference and Administrative details Charity name Open Culture Foundation Other name the charity uses Registered charity number i l .?84')0 Charity's princtpal address 9 Burnham Court, Moscow Road, London W2 4SW Names of the chaiity trustees who manage the charity Dates acted rf not forwhole Tfuslee name Office Irf any) Name of petson (or body) entitled nt trnstee rfan Nataliya Resh Chair Tamara Rosenberg Vladislav Plyushchenko 10 12 13 14 15 16 17 18 19 20 Cor orate trustees- names of the directors at the date the re Dlreclor name rtwasa roved Name of trustees holdlng tlue to property belonging to Ihe charity TNste• name Dates acled 11 not forwholo 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 Ihe assets are held and how this falls within the cuslodian charity's objects Details of arrangements for safe cuslody and segregation of such assets from the charity's own assets Additlonat inforniation (optlonal) Names and addresses of advisers (Optional infornMtlon) Type of Name Address adviser Name of chief executive or narnes of senior staff member5 (Optional informatlon) Exemptlons from dlsclosure Reason for non4lisclosure of ke nel detsils Other o tlonal Information Declarations The trustees declare that they have approved th• truslees, report al)ove. Signed on behalf of the charitys tru es Slgnature(s> Full name(s) Posltion (eg Secretary, Chalr, etc) Nataliya Resh Chair Date 3010612025 CHARITY COMMISSION FOQ ENGLAND AND W,Ilf S Open cultu￿ Foundation 1158450 Receipts and payments accounts CC16a For the period from To 31108r2023 30108r2024 Section A Receipts and payments Unrestrided funds Restricted funds Endowment funds Total funds L35t year to the nearest to lh2 ￿are51 £ totht ntarEst É lo the nEare5t £ A1 Receipts Sub total (Gross income for ARJ A2 Asset and inve5trnent Sales, Isee table). Sub total A3 Payments Sub total A4 Asset and investment PUTchases, {see table) Sub total Net of rnceiptsl{paymentsJ A5 Transfers between funds A6 Cash funds last year end Cash funds this year end 1,656 1.656 1.656 1,656 1.656 1,656 CCXX R1 ￿￿￿1$ ISSI 3010612025 Section B Statement of assets and liabilities at the end of the period Unrestri¢ted funds Restn'cled funds Endowment funds to nearest É B1 Cash fvnds Total cash funds 1.656 yJrrfSII Unrestricted funds lo ne￿e$l£ Restricted funds Endowment funds ¢0 ￿￿est £ to [￿rest£ Cosi {opuMafi CLWTenl val Fund to *tiich Cosi loptionall Current value lional B4 Assets retained for the charity's own use F￿d io**#ch Amouni lyue I•V1￿ due lional 85 Liabilities SwJn8d byone OT two ItUSte85 on beha￿ of al Ihe Ifusiees lure Prnt Name Date ol roval Rèsh 3010612025 CCXX R2 accounts ISSI 30A)612025