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The U.S. Russia Foundation was founded in 2008 to strengthen relations between the United States and Russia and to promote the development of the private sector in the Russian Federation. Since then, USRF has supported programs that build Russian innovation, entrepreneurship, education, and scientific expertise. The Foundation is the legacy organization of The U.S. Russia Investment Fund (TUSRIF), a $329 million 501(c)(3) organization set up pursuant to the Support for East European Democracy Act of 1989. The Foundation, with its presidentially-appointed Board of Directors, is organized as a grant-making private foundation.
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