akhmetov is involved with charities that support ukrainian citizens. akhmetov established the foundation for development of ukraine in 2005, which is "determined to eliminate the roots of social problems" in ukraine. in 2008, it has been reported that within next 5 years the organization planned to spend $150 million to fulfill its programs. in 2007, akhmetov founded the foundation for effective governance (feg) to support economic development of ukraine. founded with a goal to improve the standard of living of each ukrainian citizen; it was shut down in january 2014 amid protests against akhmetov.