Based on its 2024 results, Freedom Holding Corp. allocated over 40 billion tenge to finance charitable and sponsorship initiatives. Guided by the principles of the UN Global Compact, the criteria for funding projects were established in alignment with national and international sustainable development initiatives. In this way, the Company contributes to the development of culture and sports, creates new opportunities for education, supports youth startups as well as social and environmental projects, and actively participates in initiatives aimed at restoring and preserving the environment, DKnews.kz reports.
Among the dozens of projects that received financial support, the TOP-5 largest focused on promoting sports and education, as well as eliminating the aftermath of the floods in the western region of the Republic of Kazakhstan. These five account for almost 12 billion tenge (30% of all sponsorship funds).
Collaboration with the Kazakhstan Chess Federation – 4.5 billion tenge
Thanks to this year’s financial support, the Federation’s existing team was reinforced, bringing in thousands of chess players, grandmasters, and leading coaches from all over Kazakhstan. It also increased the number of chess clubs and tournaments, and provided the material and technical resources needed for training, thereby laying the groundwork for nurturing new champions and promoting chess development in the regions.
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In 2024, remarkable results were achieved: nearly all of the world’s leading grandmasters visited the country, and Kazakhstan won titles in Asian championships, world championships, and other international events. Kazakhstani players participated in 21 tournaments, including the FIDE World Cadet, World Youth, and the 45th Chess Olympiad, collectively winning 123 medals (43 gold, 43 silver, 37 bronze) in categories ranging from U8 to U18. By continuing a systematic approach and ongoing support, the project will pave the way for numerous talents in a few years, given Kazakhstan’s great potential to succeed. Today, our country is an active partner of FIDE and a prominent presence in world chess.
Floods in the West Kazakhstan Region – 2.9 billion tenge
The floods in the West Kazakhstan Region in March were the most severe in recent years: about 250 houses were flooded, and over 2,800 people were brought to evacuation centers. Hundreds of people took part in the evacuation effort, including National Guard soldiers, rescuers, police, local government staff, and volunteers.
МЧС РК
Acknowledging its responsibility and desire to support those affected, Freedom Holding Corp. transferred 2.9 billion tenge to the account of the corporate fund “Demeu Kazakhstan Kory” for flood recovery efforts, infrastructure restoration, and the construction of protective levees and dams.
In addition, to help people who found themselves in a difficult situation and were forced to leave their homes due to the floods, employees of Freedom Holding Corp. raised 161 million tenge, which was directed toward supporting children.
Sports Programming Championship (ICPC) – 2 billion tenge
This year, Freedom Holding Corp. acted as the General Partner of the Kazakhstan Federation of Sports Programming and the final of one of the largest international IT competitions – the ICPC World Finals 2024 in Astana. This event was an important step toward strengthening Kazakhstan’s position as a Central Asian IT hub: the championship addressed the prospects of integrating sports programming into the curricula of Kazakhstani universities, opening up new opportunities for young people throughout the region.
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Thanks to FRHC’s support, 11 offices of the Federation were opened across Kazakhstan, enabling over 400 students and schoolchildren to receive training, while 592 computer science teachers took part in the Federation’s educational programs.
Construction of an Academic Building at SDU University – 1.3 billion tenge
In March of this year, with the support of Freedom Holding Corp., construction began on a new academic building covering over 5,600 square meters at SDU University in Almaty. The company allocated a total of 1.8 billion tenge for the project, of which 1.3 billion tenge was transferred in 2024. According to the plan, this modern academic building will serve as a hub for research in fintech innovations. It will house a Freedom Space area with AI labs dedicated to robotics, cybersecurity, sports programming, and machine learning, enabling students to apply AI technologies across various practical domains while honing both theoretical and hands-on skills.
Freedom
Moreover, the campus will feature an interactive financial literacy center, where experts from Freedom Academy can teach the basic principles of investing and trading. The decision to build this new academic facility further underscores Freedom Holding Corp.’s commitment to supporting the comprehensive growth and development of current and future generations of Kazakh citizens.
Football Development with QJ League – 1.1 billion tenge
QJ League is a unique project unmatched even in Europe, and since its creation, it has become a real driving force behind football development in Kazakhstan. Every day, it inspires and motivates young players, coaches, fans, and everyone who contributes to the advancement of football in our country.
With total funding of 5.9 billion tenge — 1.1 billion tenge of which was allocated this year — Freedom Holding Corp. helped take the organization of championships, player training, and competition quality to a new level, and also involve teams from all regions of Kazakhstan in the League.
QJ League
The League offers young players an excellent chance to approach the global level and feel like true football professionals: matches occur weekly, teams travel by airplane, stay in top hotels, and receive full board. These conditions allow young footballers to truly grow and advance. Notably, the League not only develops professional footballers but also provides robust support for coaches by ensuring continuous education and professional development. This way, coaches are equipped not just with theoretical knowledge but also the ability to put it into practice, nurturing a new generation of players.
