26 May 2015 12:05

Dmitry Zimin plans to stop financing Dynasty Foundation

MOSCOW. May 26 (Interfax) - Founder of Russia's non-profit Dynasty Foundation Dmitry Zimin has announced plans to stop providing money to the organization after it was assigned 'foreign agent' status by the Russian authorities.

"Certainly, I will not spend my own money acting under the trademark of some unknown foreign state. I will stop funding Dynasty," Zimin told Interfax on Tuesday.

The foundation's board is expected to meet on June 8 to decide the future of the organization, he added.