In 2008 Ustin Maltsev, public activist and businessman, having understood and recognized society's need in honest, responsible, systematic and transparent charity, established the charitable foundation. The idea behind the foundation was the social responsibility of an individual in a modern society. The Ustin Maltsev Charitable Foundation in Kherson region, Ukraine was registered on June 5, 2008.
The Ustin Maltsev Foundation is a private independent charitable foundation that unites people of honor and good will. The foundation aims to support healthcare, education, culture, spirituality and to promote healthy lifestyle for younger generation.