Kyiv Post. Businesses embrace charity despite tax hurdles

Kyiv Post. Businesses embrace charity despite tax hurdles: "Businesses embrace charity despite tax hurdles

by Elisabeth Sewall, Assistant Editor
Jan 09 2008, 22:07

The philanthropic practices of Ukraine’s most generous donors are receiving more attention as NGOs and businesses work together to promote the practice of corporate philanthropy within the nation’s business community.

Novynar, the Ukrainian-language sister publication of the Kyiv Post, named the top-15 Ukrainian philanthropists of 2007 in its first ever Philanthropist ratings published on Dec. 17.

Ukrainian billionaire Viktor Pinchuk, son-in-law to former president Leonid Kuchma, was rated as the most generous philanthropist of the year, giving a total of Hr 103.5 million ($20.7 million) to culture and health services charities."