In 2003, 21st Century International Institute, also known as Jewish University, was founded in Moscow with a grant from the Michael Cherney Foundation. According to the school's President Dr. Yuri Zaytsev, Russian Academy member, its main objective is to provide Jewish youth with a top-notch education that would include learning about the Jewish traditions and enable young Russian Jewry to become a part of the international Jewish community while living in Russia. Rabbi Judah Bronfman is the school's Vice President in charge of Judaism.

The school campus includes a study hall, a dormitory for 80 beds, a library, a synagogue with a mikvah, and a gym. The student body is 340 strong and includes young people from all over Russia, some from as far away in Siberia, as well as from Ukraine and Belarus.

The Institute will award Bachelor degrees in economics and arts, which will cover accounting, theology, law, foreign languages, psychology, and other subjects. It will also include a technical college for studying programming and economics.

The school has started an ambitious program of international cooperation, which includes an agreement with Lauder School of Business (Vienna International College), a school that is a part of Austrian Jewish community. A similar agreement is being developed with the Yeshiva University of New York.