The US Russia
Foundation for Economic Advancement and the Rule of Law
(USRF) is the legacy foundation of The US Russia
Investment Fund (TUSRIF) that was created in 1995 to promote the
development of the private sector in Russia through direct
investment and technical assistance to private Russian enterprises.
Through highly effective management, TUSRIF was able to make a
major contribution to a growing Russian economy and earn sufficient
capital to create an endowment. At the G-8 Summit on July 15, 2006,
Presidents Bush and Putin announced their intention to establish
USRF with the twin goals of promoting long-term economic and legal
development in Russia and strengthening ties between the United
States and Russia. In 2008, USRF was registered as a not-for-profit
corporation in the United States and in early 2009, USRF was
registered in Russia as an affiliate of the US organization.