ALTERNATIVE SOURCES OF FINANCING HUMAN DEVELOPMENT

The article studies the possibilities and expediency of endowment utilization as an alternative of the social sphere elements budgetary funding in Ukraine. We have conclusions that the endowments have some advantages. That’s is creates the possibility for a long-term planning and development of soci...

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Autor principal:	L. V. Kozarezenko
Formato:	article
Lenguaje:	EN RU
Publicado:	Science and Innovation Center Publishing House 2014
Materias:	endowment philanthropy specific capital financing social sphere health protection education culture Law K Social Sciences H
Acceso en línea:	https://doaj.org/article/a7cdea470e2c496b86902e8c6ca1024d
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id	oai:doaj.org-article:a7cdea470e2c496b86902e8c6ca1024d
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spelling	oai:doaj.org-article:a7cdea470e2c496b86902e8c6ca1024d2021-12-02T15:59:28ZALTERNATIVE SOURCES OF FINANCING HUMAN DEVELOPMENT2070-756810.12731/2070-7568-2014-4-6https://doaj.org/article/a7cdea470e2c496b86902e8c6ca1024d2014-09-01T00:00:00Zhttp://journal-s.org/index.php/nk/article/view/2159https://doaj.org/toc/2070-7568The article studies the possibilities and expediency of endowment utilization as an alternative of the social sphere elements budgetary funding in Ukraine. We have conclusions that the endowments have some advantages. That’s is creates the possibility for a long-term planning and development of social sphere (mechanism of adequate general stable situation in the country), convenient for major companies inclined to strategic business planning and contributions in the social sphere, transparent and provides guarantees for the donors in the specific cash expenditure, provides the non-commercial organizations with the possibility to change the approach to implementation of social projects, to study how to earn the money and not to be just the consumers, creates the possibility to accumulate the funds in charitable purposes that makes them attractive for medium and small companies. The disadvantages of endowments are risks of financial nature (small income guaranteed transactions, high inflation rate, exposure to the financial crises), difficulties with forming the «body» of the specific capital of such size that would guarantee more or less substantial income directed for charity, no instant effect for recipient’s favor, possibility to be used in swindling, no tax stimulation of donors. Let’s think that endowments or funds specific capital have an important meaning in the development of social sphere because they are basis for its long-term planning and development. For non-commercial organization there are at least two advantages. First is stable financing and second is attraction of new contributors for non-commercial organizations. It is both stability of financing and guarantee of stable functioning.L. V. KozarezenkoScience and Innovation Center Publishing Housearticleendowmentphilanthropyspecific capitalfinancingsocial spherehealth protectioneducationcultureLawKSocial SciencesHENRUНаука Красноярья, Vol 0, Iss 4, Pp 93-121 (2014)
institution	DOAJ
collection	DOAJ
language	EN RU
topic	endowment philanthropy specific capital financing social sphere health protection education culture Law K Social Sciences H
spellingShingle	endowment philanthropy specific capital financing social sphere health protection education culture Law K Social Sciences H L. V. Kozarezenko ALTERNATIVE SOURCES OF FINANCING HUMAN DEVELOPMENT
description	The article studies the possibilities and expediency of endowment utilization as an alternative of the social sphere elements budgetary funding in Ukraine. We have conclusions that the endowments have some advantages. That’s is creates the possibility for a long-term planning and development of social sphere (mechanism of adequate general stable situation in the country), convenient for major companies inclined to strategic business planning and contributions in the social sphere, transparent and provides guarantees for the donors in the specific cash expenditure, provides the non-commercial organizations with the possibility to change the approach to implementation of social projects, to study how to earn the money and not to be just the consumers, creates the possibility to accumulate the funds in charitable purposes that makes them attractive for medium and small companies. The disadvantages of endowments are risks of financial nature (small income guaranteed transactions, high inflation rate, exposure to the financial crises), difficulties with forming the «body» of the specific capital of such size that would guarantee more or less substantial income directed for charity, no instant effect for recipient’s favor, possibility to be used in swindling, no tax stimulation of donors. Let’s think that endowments or funds specific capital have an important meaning in the development of social sphere because they are basis for its long-term planning and development. For non-commercial organization there are at least two advantages. First is stable financing and second is attraction of new contributors for non-commercial organizations. It is both stability of financing and guarantee of stable functioning.
format	article
author	L. V. Kozarezenko
author_facet	L. V. Kozarezenko
author_sort	L. V. Kozarezenko
title	ALTERNATIVE SOURCES OF FINANCING HUMAN DEVELOPMENT
title_short	ALTERNATIVE SOURCES OF FINANCING HUMAN DEVELOPMENT
title_full	ALTERNATIVE SOURCES OF FINANCING HUMAN DEVELOPMENT
title_fullStr	ALTERNATIVE SOURCES OF FINANCING HUMAN DEVELOPMENT
title_full_unstemmed	ALTERNATIVE SOURCES OF FINANCING HUMAN DEVELOPMENT
title_sort	alternative sources of financing human development
publisher	Science and Innovation Center Publishing House
publishDate	2014
url	https://doaj.org/article/a7cdea470e2c496b86902e8c6ca1024d
work_keys_str_mv	AT lvkozarezenko alternativesourcesoffinancinghumandevelopment
_version_	1718385347163848704

ALTERNATIVE SOURCES OF FINANCING HUMAN DEVELOPMENT

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