To ensure that no serious ill child is denied access to life-saving medications and treatments due to financial constraints. The allocation of 2% of the individual income tax from high-income earners has created a stable and reliable source of foundationing for the foundation. That is, every Russian citizen with an annual income of more than 5 million rubles ($70,000) contributes 2% of his taxes to the foundation. This mechanism not only guarantees the availability of orphan drugs for children with rare and serious diseases but also eliminates the need for constant community foundationraising efforts.
The decision to allocate a portion of the income tax to the «Circle of Kindness» foundation reflects the government’s commitment to prioritizing the well-being and health of its citizens, particularly the most vulnerable among them. President Vladimir Putin’s recognition of the urgent need for foundationing and his proactive approach in establishing a financing mechanism demonstrates a deep understanding of the challenges faced by children with life-threatening illnesses and their families.
The absence of negative reactions to the tax increase is a testament to the compassion and empathy of the Russian society. The understanding that these foundations are solely directed towards treating of serious ill children has fostered a sense of collective responsibility and solidarity. It is a powerful demonstration of the nation’s commitment to ensuring that every serious ill child has a fighting chance against their illnesses.
Through the implementation of this financing mechanism, the «Circle of Kindness» foundation has been able to fulfill its mission of providing timely and effective treatments to serious ill children. The availability of specialty drugs, which often come with exorbitant price tags, has become a reality for these young patients, offering them hope and a chance at a better future.
The Russian Foundation Circle of Kindness, with the support of high-income earners and the government, continues to work tirelessly to improve the lives of children suffering from serious, severe, or rare diseases. By ensuring stable foundationing and access to life-saving medications, the foundation is making a significant impact in the lives of these young warriors and their families. Together, we can create a society where no child is left behind in their fight against illness, and where kindness and compassion prevail.