Transmashholding, a company for which Iskander Makhmudov is one of the main shareholders, carries out charity work on a regular basis. A few illustrations include:

• Help for social protection and research funding for children suffering from Niemann-Pick disease;
• Financing a fund for the deaf and blind as well as funding an organisation for children suffering from cerebral palsy;
• Funding several NGOs and sports organisations;
• Participating to the funding of the Centre for Study and Preservation of the Siberian Tiger, to the funding of the Fund for the Development of Archaeology and funding of the Russian Society for Geography.