[3] The main goal of the foundation is treatment, support and rehabilitation of children and young adults with oncological, hematological and other life-threatening conditions in Russia and CIS.

[4][5] Since then, regular events have been organized in Moscow featuring many Russian celebrities, e.g. Andrey Makarevich, Chaif, Oleg Basilashvili, Alisa Freindlich, Diana Arbenina, Marina Neyolova, Liya Akhedzhakova, Leonid Yarmolnik, Sergei Garmash, Artur Smolyaninov, Viktoriya Tolstoganova, Emmanuil Vitorgan, Konstantin Khabensky, Vyacheslav Butusov, Ilya Lagutenko, Mumiy Troll, Neschastny Sluchai and others.

Gift of Life works together with Podari Zhizn and Podari.Life to maximize support and care for children and young adults with cancer in Russian clinics, who might otherwise have no hope for successful treatment.

The Patrons of Gift of Life include Ralph Fiennes,[16][17] Katie Melua, Nika Belotserkovskaya, Princess Katya Galitzine, Pavel Morozov and Ray Powles.

Since 2011 Gift of Life gave hundreds of children from Russia and the CIS successful treatment and a chance to recover from cancer and other terminal illnesses.

The charity has organised numerous cultural charitable events in London,[19][20] attracting a number of prominent philanthropists, entrepreneurs and renowned individuals from the worlds of art, culture, film, music and dance, e.g.Teodor Currentzis,[21][22] Ralph Fiennes, Vanessa Redgrave,[23] Katie Melua,[24] Stephen Fry, Mark-Francis Vandelli,[25] Vivien Duffield.,[26] Natalia Vodianova, Antoine Arnault, Leonard Blavatnik, Erik Bulatov, Uliana Lopatkina, Natalia Osipova, Sergei Polunin, the London Philharmonic Orchestra, Vladimir Jurowski, Vladimir Spivakov, Hibla Gerzmava, Gidon Kremer and many more.

Its stated goals are:[31] It also successfully lobbies for legislative changes and tax incentives that will promote access to anticancer drugs and improve conditions of oncological patients.