[2] The Foundation was modeled after similar culture promotion agencies, such as British Council and Goethe Institute.
The assets of the foundation come from the federal budget, voluntary property contributions and donations, and other legal sources.
[4] The foundation made in 2011 an agreement with the University of São Paulo for founding the Laboratório de Estudos Russos (LERUSS).
[5][6] Some observers described the foundation as an instrument for projecting the Russian state's soft power and as a tool for propaganda.
[8][9][10][11] In July 2022 the EU imposed sanctions on Russkiy Mir Foundation in relation to the 2022 Russian invasion of Ukraine.