FINANCIAL MECHANISM OF CHARITABLE ORGANIZATIONS AND DIRECTIONS OF ITS IMPROVEMENT

The functioning of charitable organizations in modern economic conditions requires significant financial resources. Analysis of financial aspects of Russian charitable organizations and development of recommendations for financial mechanism improvement are aims of the paper. The main problem of the...

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Autor principal:	M. E. Kosov
Formato:	article
Lenguaje:	RU
Publicado:	Publishing House of the State University of Management 2019
Materias:	charitable organizations financial mechanism target financing grants donations Sociology (General) HM401-1281 Economics as a science HB71-74
Acceso en línea:	https://doaj.org/article/a7239bb483fb4cb2a8b12a8b4661af02
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spelling	oai:doaj.org-article:a7239bb483fb4cb2a8b12a8b4661af022021-12-03T07:43:30ZFINANCIAL MECHANISM OF CHARITABLE ORGANIZATIONS AND DIRECTIONS OF ITS IMPROVEMENT1816-42772686-841510.26425/1816-4277-2019-9-157-165https://doaj.org/article/a7239bb483fb4cb2a8b12a8b4661af022019-10-01T00:00:00Zhttps://vestnik.guu.ru/jour/article/view/1728https://doaj.org/toc/1816-4277https://doaj.org/toc/2686-8415The functioning of charitable organizations in modern economic conditions requires significant financial resources. Analysis of financial aspects of Russian charitable organizations and development of recommendations for financial mechanism improvement are aims of the paper. The main problem of the financial mechanism functioning of the Russian charitable organizations is, that the legislation refers to charity, target assistance to specific people and organizations in limited period of time. The regulatory framework should encourage the emergence of sustainable charitable institutions – organizations, which are committed to long-term work. To expand their capabilities, it is advisable for charitable foundations to implement projects, related to commercial activities, all profits from which will be directed to the working capital of the Fund for purpose of redirecting to charity.M. E. KosovPublishing House of the State University of Managementarticlecharitable organizationsfinancial mechanismtarget financinggrantsdonationsSociology (General)HM401-1281Economics as a scienceHB71-74RUВестник университета, Vol 0, Iss 9, Pp 157-165 (2019)
institution	DOAJ
collection	DOAJ
language	RU
topic	charitable organizations financial mechanism target financing grants donations Sociology (General) HM401-1281 Economics as a science HB71-74
spellingShingle	charitable organizations financial mechanism target financing grants donations Sociology (General) HM401-1281 Economics as a science HB71-74 M. E. Kosov FINANCIAL MECHANISM OF CHARITABLE ORGANIZATIONS AND DIRECTIONS OF ITS IMPROVEMENT
description	The functioning of charitable organizations in modern economic conditions requires significant financial resources. Analysis of financial aspects of Russian charitable organizations and development of recommendations for financial mechanism improvement are aims of the paper. The main problem of the financial mechanism functioning of the Russian charitable organizations is, that the legislation refers to charity, target assistance to specific people and organizations in limited period of time. The regulatory framework should encourage the emergence of sustainable charitable institutions – organizations, which are committed to long-term work. To expand their capabilities, it is advisable for charitable foundations to implement projects, related to commercial activities, all profits from which will be directed to the working capital of the Fund for purpose of redirecting to charity.
format	article
author	M. E. Kosov
author_facet	M. E. Kosov
author_sort	M. E. Kosov
title	FINANCIAL MECHANISM OF CHARITABLE ORGANIZATIONS AND DIRECTIONS OF ITS IMPROVEMENT
title_short	FINANCIAL MECHANISM OF CHARITABLE ORGANIZATIONS AND DIRECTIONS OF ITS IMPROVEMENT
title_full	FINANCIAL MECHANISM OF CHARITABLE ORGANIZATIONS AND DIRECTIONS OF ITS IMPROVEMENT
title_fullStr	FINANCIAL MECHANISM OF CHARITABLE ORGANIZATIONS AND DIRECTIONS OF ITS IMPROVEMENT
title_full_unstemmed	FINANCIAL MECHANISM OF CHARITABLE ORGANIZATIONS AND DIRECTIONS OF ITS IMPROVEMENT
title_sort	financial mechanism of charitable organizations and directions of its improvement
publisher	Publishing House of the State University of Management
publishDate	2019
url	https://doaj.org/article/a7239bb483fb4cb2a8b12a8b4661af02
work_keys_str_mv	AT mekosov financialmechanismofcharitableorganizationsanddirectionsofitsimprovement
_version_	1718373526617980928

FINANCIAL MECHANISM OF CHARITABLE ORGANIZATIONS AND DIRECTIONS OF ITS IMPROVEMENT

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