Jeff Koons' iconic sculpture Balloon Monkey (Magenta) - Balloon Monkey (Purple), presented by Victor and Elena Pinchuk, was sold at Christie's auction.

All proceeds in the amount of about $11.5 million. will be directed to humanitarian aid to Ukraine. In particular, for those seriously wounded during the war, military and civilians who need urgent prosthetics, treatment and rehabilitation to restore the quality of life, the foundation said..

Since the beginning of the war, as of June 27, 2022, the Office of the UN High Commissioner for Human Rights has recorded 10,631 civilian casualties in Ukraine: 4,731 killed (including 339 children) and 5,900 injured (of which 614 children). In Ukraine, about four children and about 500 fighters are injured every day.

After the Russian attack on Ukraine on February 24, 2022, Victor and Elena Pinchuk, through their funds and other structures, provided humanitarian aid and assistance to the army to date in the amount of more than 35 million US dollars. Among other things, first-aid kits were handed over to rescue military and civilians wounded as a result of shelling and explosions, armored ambulances, support for 40 hospitals and other types of humanitarian aid..

Funds were also raised through the Ukraine Relief Fund, an initiative created by Victor and Elena Pinchuk and the Victor Pinchuk Foundation, together with Eric and Wendy Schmidt and Schmidt Futures, Robert F.. Smith and Vista Equity Partners, Minderoo Foundation (founded by Andrew and Nicolo) also Bill Ford and General Atlantic Foundation.

The Victor Pinchuk Foundation was founded in 2006. It enables future generations to become creators of tomorrow's changes and unites Ukraine and the world. One of his important projects is the PinchukArtCentre, which provides free access to contemporary art inspiration in Kyiv and provides a platform for outstanding young artists from around the world and Ukraine.

The Elena Pinchuk Foundation was founded in 2003 and started the fight against HIV/AIDS in Ukraine, which led to a marked decrease in new cases of HIV/AIDS. Since 2017, the foundation has been the first to initiate a dialogue on gender equality in Ukraine, which has led to a better balance in politics and public life. In 2014, together with the Victor Pinchuk Foundation, a system of medical care on the battlefield was introduced, which saved thousands of lives and is still in operation..