Boris (19532019) and Ināra (1953) Teterev are the largest private donors in Latvia. In 2010, they established a family charity foundation to support outstanding and socially important initiatives, to promote development of culture, arts and education in Latvia, to support animal care programmes and community development organizations in urban and rural areas. Every year, the foundation contributes to more than 100 different initiatives in Latvia and abroad.

In line with the foundation's concept of social responsibility, it is essential to act rationally and responsibly to promote a higher standard of living and to initiate widespread and meaningful change in society. The foundation cooperates with individuals and organisations, supports people, ideas and activities that fit into this concept.

In 2011, the State Inspection for Heritage Protection, the Latvian National Committee for UNESCO and ICOMOS Latvija awarded Boris and Ināra Teterev Foundation Special Prize for Patronage of the Annual Cultural Heritage Awards.

In the same year, in the framework of the European Year of Volunteering 2011, the Republic of Latvia Ministry of Education and Science presented the foundation with a honorary certificate for excellence in community work and a significant contribution to the development of volunteering in Latvia.

In 2011, Boris and Ināra Teterev were awarded the Three Star Order.

In 2012, both patrons were awarded the title Riga Citizen of the Year.


In 2013, Boris and Ināra Teterev Foundation granted co-financing of EUR 213 430 for the first phase of the University of Latvia Botanical Garden renovation.

In 2014, continuing the cooperation, the foundation provided funding of EUR 250 000 to the Reconstruction Project of UL Botanical Garden’s fence. In September 2014, the first art object of the Teterev Foundation's "Art in Public Space" programme, "Still Life" by artists Brigita Zelča-Aispure and Sandis Aispurs was unveiled at the UL Botanical Garden.

In 2015, the foundation supported the UL Botanical Garden arboretum revitalization in the amount of EUR 208 055 and reconstruction of fence in the amount of EUR 90 000.

In 2016, both patrons continued to support the UL Foundation by donating EUR 290 870 for the renovation of the UL Botanical Garden.

In 2017, further EUR 25 000 were donated for the renovation of the UL Botanical Garden. In May 2017, in continuation of Boris and Ināra Teterev Foundation's programme "Art in Public Space", Aigars Bikše's permanent environmental art object "Girl with a Shoe" was unveiled at the UL Botanical Garden.

In 2018, with a donation of EUR 34 488, Boris and Ināra Teterev Foundation contributed to promoting the development of the UL Botanical Garden.

We greatly appreciate the generous support to education and development!