Yelyzaveta (also known under the Polonized name Halshka, shortened form of Helzhbeta) Hulevychivna came from the influential Hulevych noble family of Nowina coat of arms, known since the 15th century, whose representatives held various positions in Volhynia and other lands of the Polish–Lithuanian Commonwealth.

After the early death of her husband, Halshka Hulevychivna raised her daughter Kateryna, who in 1615 was married to Orsha khorunzhy named Mikołaj Mleczko.

The donation noted: I, Halshka Hulevychivna, the wife of his Grace Mr. Stefan Lozka, Marshal of Mozyr, with the consent of his Grace to all the following, being healthy in body and mind, clearly voluntarily realize by this voluntary letter of mine that I, living constantly in the ancient holy Orthodox Church and reverently burning with zeal for her, out of love and friendliness for my brothers - the Ruthenian people and for the salvation of my soul from old times intended to do good to the Church of God <...> I give, donate and write off to the faithful and pious Christians of Ruthenian nation in the districts of Kyiv, Volyn and Bratslav, of class spiritual and secular: monks, priests and deacons of the monastic and lay ranks, illustrious princes, noble lords, gentry and Ruthenian people of any other rank and status...[6] As prescribed, the deed indicated the boundaries of the donated estate, located not far from Kontraktova Square.

In the donation, Halshka stipulated the purpose of the act: All this — for a stauropegian monastery with cohabitation according to the order of Basil the Great, [and] also for the school for children, both gentry and bourgeois, and for any other way of charitable life that would <...> serve to educate and present the sciences to courteous children of the Christian people, and at the same time, for the inn for spiritual wanderers, so that the monastery, and the school, and the whole order would be guided by the law of the Eastern Church of the Greek Rite.

By donating her estate, Halshka made it possible to open the Kyiv fraternal school, which, after the reform of Petro Mohyla, would play an important role in the history of Ukrainian education and culture.

Later, it was repeatedly reprinted and analyzed by historians (for example, in the works of Viktor Askochensky, Stepan Golubev, Nikolai Mukhin, Fyodor Titov).

This forced the Mohyla Academy staff to resort to a deeper search for their roots, one of the results of which was the rediscovery of the figure of Halshka as the founder of the school.

Yaremenko also drew attention to the fact that there is no evidence, except for the assurance of the professors, that the original deed of gift appeared in some cases that required the involvement of documents from the academy and the Fraternal Monastery.

Researchers Yurii Losytskyy and Larysa Tolochko localize Halshka Hulevychivna's "Kamyanytsia" (stone house) on the site of the Annunciation Church and the kitchen of the Brotherhood Monastery, which, with subsequent restructuring, have survived to this day in Podil on the territory of the National University "Kyiv-Mohyla Academy" at 2, Hryhoriy Skovoroda Street.

However, the archaeological study of the "kitchen" did not reveal building materials older than late 17th - early 17th century, and its foundation and walls were made of the same red brick.