22.04.2026
ROLE OF ENDOWMENT FUNDS IN UNIVERSITY DEVELOPMENT DISCUSSED IN ASTANA
An international forum titled
“Endowments. Alumni. Patrons” was held in Astana. The event was dedicated to
the development of higher education, strengthening the role of alumni within
the strategic development of universities, and expanding international cooperation.
The forum brought together public
figures, representatives of higher education institutions, Kazakhstani and
international experts in higher education, major entrepreneurs and
philanthropists, as well as representatives of charitable and donor initiatives.
The forum focused on reviewing international experience in university
engagement with alumni, donors, and patrons, and discussing current approaches
to the development of endowment funds.
A congratulatory message from the
Minister of Science and Higher Education of the Republic of Kazakhstan, Sayasat
Nurbek, was delivered by the Head of the Ministry’s Office, Madiyar Kozhakhmet.
In his address, the minister highlighted new approaches and strategic
directions for the development of the higher education system. He emphasized
that in the context of globalization, the competitiveness of universities
depends not only on the quality of education but also on their financial
sustainability and academic freedom.
In addition, presentations were
delivered by Marina Alexio, Director of International Initiatives at the
University of Minnesota; Farhad Kuanganov, Chairman of the Board of the
National Association of Endowment Funds of Kazakhstan and Advisor to the
Minister; Susan Holter, Director of Development at the College of Education and
Human Development of the University of Minnesota; and other participants.
Bolatbek Nurbatyrov, Head of the
Alumni Association of Abai Kazakh National Pedagogical University and Director
of the corporate foundation “Abai Endowment Fund,” also participated in the
forum, sharing experience and presenting key information on endowment funds.
The meeting, which gives a strong impetus to the development of the endowment
institution in Kazakhstan, included extensive discussions on sustainable
financing of education and science.
At the conclusion of the event, a
memorandum of cooperation on the establishment of the Association of Endowment
Funds of the Republic of Kazakhstan was signed.
Media Center “Abai University”