The corresponding decree was published on the official Internet portal of legal information.

“In order to support projects in the field of culture, art and creative (creative) industries, I decide to consider it expedient to create a Presidential Fund for Cultural Initiatives.

To establish that the founder of the Fund is the Fund-operator of presidential grants for the development of civil society, ”the text says.

Earlier it was reported that Putin sent greetings to the participants, organizers and guests of the XXIX All-Russian Festival "Russian Student Spring".