Cinema Foundation of Russia

Across its various departments, The Fund supports the development, production, promotion and distribution of Russian screen content.

In 2015, the cinema fund decided to distribute among Russian filmmakers $43 million (3 billion rubles).

In light of the ruble's sharp devaluation over the last months of 2014, the dollar figure was almost one half of what it was a year ago, when the 2014 budget was announced.

Given the fact that many production expenses, including cast and crew fees, are nominated in U.S. dollars, local filmmakers received considerably less cash in 2015.

[4] The foundation runs the Pitch Event every year to allow the Russian film studios ask for financing their projects.