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Bolshoi’s board of trustees to surge its financing next year

December 13, 2013, 13:11 UTC+3 MOSCOW

The board supported an initiative to increase the overall financing of Bolshoi's projects to 282.6 million rubles ($8.6 million)

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© ITAR-TASS/Anton Novoderezhkin

MOSCOW, December 13. /ITAR-TASS/. Bolshoi’s board of trustees will treble the financing of the world-famous Russian theater in 2014, a regular meeting of the Bolshoi’s board of trustees has been told.

Deputy Prime Minister Alexander Zhukov, the board’s chairman, chaired the meeting.

Vasily Titov, the chair of the Bolshoi Theater Fund non-profit organisation, provided an assessment of the fund’s activity in 2013 and presented its plans for the next year.

The trustees approved an initiative of Bolshoi’s Director General Vladimir Urin to intensify the Bolshoi Theater Fund’s activities in the social and charity spheres in 2014.

The board supported an initiative to increase the overall financing of projects drafted by the Bolshoi directorate by as much as 150% to 282.6 million rubles ($8.6 million) in 2014. In 2013, the indicator stood at 102.5 million rubles ($3.1 million).

The Bolshoi Theatre Fund is due to back various priority projects in 2014 including social programs for support and encouragement of Bolshoi's employees, a further promotion of the theater's youth program, purchases of musical instruments for the orchestra, as well as research and educational projects, new performances, and performance tours of the operatic company and the ballet troupe.

The fund is to allocate monies for exhibitions and publishing unique books about the Bolshoi’s history. The schedule of activity includes installation of a monument to Marina Semenova, a celebrated ballet dancer and teacher.

Bolshoi Director Vladimir Urin said that “thanks to support from the Board of Trustees’ we will be able to implement quite a good deal of very important social and creative projects.”

“I appreciate the trustees’ readiness to treble the financing,” Urin said.

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