THE DEVELOPMENT OF THE FINANCIAL ENVIRONMENT OF NON-PROFIT ORGANIZATIONS IN RUSSIA

The paper deals with financial relationships and funding sources of non-profit organizations. The subject of the study is the role and place of non-profit organizations in the Russian national economy and their development trends. The scope of the paper includes the study of information materials on...

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Main Authors: I. N. Molchanov, M. V. Shulgina
Format: Article
Language:Russian
Published: Government of the Russian Federation, Financial University 2017-10-01
Series:Финансы: теория и практика
Subjects:
Online Access:https://financetp.fa.ru/jour/article/view/324
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author I. N. Molchanov
M. V. Shulgina
author_facet I. N. Molchanov
M. V. Shulgina
author_sort I. N. Molchanov
collection DOAJ
description The paper deals with financial relationships and funding sources of non-profit organizations. The subject of the study is the role and place of non-profit organizations in the Russian national economy and their development trends. The scope of the paper includes the study of information materials on the economic condition of non-profit organizations. The purpose of the study was to identify the key problems of financial resource generation and ways to improve the economic activity of non-profit organizations in the context of the established innovation-oriented market economy model. The paper analyzes the current practice of funding non-profit organizations in Russia compared with the foreign experience. The problems accumulated in the financial support of non-profit organizations are considered and areas for improvement are suggested. The study used general scientific methods of analysis and synthesis, dialectical and system-based approaches, as well as method of comparison, analogies and expert assessments. The development of cooperation between non-profit organizations and enterprises of various organizational and legal forms, legal entities and individuals in matters of formation and use of financial resources is regarded as the most important objective of financial relations. It is proved that the share of public and private investments as well as donor funds in the financial support of economic activities of non-profit organizations needs to be increased. The conclusions and recommendations for improving the support of non-profit organizations through budgetary and non-budgetary funds in the situation of the macroeconomic instability and limited finance raised from various sources are formulated.
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spelling doaj.art-19bdb1277138421aa75abbd41602e9a82025-03-02T11:01:56ZrusGovernment of the Russian Federation, Financial UniversityФинансы: теория и практика2587-56712587-70892017-10-012113547361THE DEVELOPMENT OF THE FINANCIAL ENVIRONMENT OF NON-PROFIT ORGANIZATIONS IN RUSSIAI. N. Molchanov0M. V. Shulgina1Financial University; full professor of the Economics Faculty, Lomonosov Moscow State UniversityFinancial UniversityThe paper deals with financial relationships and funding sources of non-profit organizations. The subject of the study is the role and place of non-profit organizations in the Russian national economy and their development trends. The scope of the paper includes the study of information materials on the economic condition of non-profit organizations. The purpose of the study was to identify the key problems of financial resource generation and ways to improve the economic activity of non-profit organizations in the context of the established innovation-oriented market economy model. The paper analyzes the current practice of funding non-profit organizations in Russia compared with the foreign experience. The problems accumulated in the financial support of non-profit organizations are considered and areas for improvement are suggested. The study used general scientific methods of analysis and synthesis, dialectical and system-based approaches, as well as method of comparison, analogies and expert assessments. The development of cooperation between non-profit organizations and enterprises of various organizational and legal forms, legal entities and individuals in matters of formation and use of financial resources is regarded as the most important objective of financial relations. It is proved that the share of public and private investments as well as donor funds in the financial support of economic activities of non-profit organizations needs to be increased. The conclusions and recommendations for improving the support of non-profit organizations through budgetary and non-budgetary funds in the situation of the macroeconomic instability and limited finance raised from various sources are formulated.https://financetp.fa.ru/jour/article/view/324non-profit organizationsfinancial resourcessocial orientationorganizational and legal formslegislation
spellingShingle I. N. Molchanov
M. V. Shulgina
THE DEVELOPMENT OF THE FINANCIAL ENVIRONMENT OF NON-PROFIT ORGANIZATIONS IN RUSSIA
Финансы: теория и практика
non-profit organizations
financial resources
social orientation
organizational and legal forms
legislation
title THE DEVELOPMENT OF THE FINANCIAL ENVIRONMENT OF NON-PROFIT ORGANIZATIONS IN RUSSIA
title_full THE DEVELOPMENT OF THE FINANCIAL ENVIRONMENT OF NON-PROFIT ORGANIZATIONS IN RUSSIA
title_fullStr THE DEVELOPMENT OF THE FINANCIAL ENVIRONMENT OF NON-PROFIT ORGANIZATIONS IN RUSSIA
title_full_unstemmed THE DEVELOPMENT OF THE FINANCIAL ENVIRONMENT OF NON-PROFIT ORGANIZATIONS IN RUSSIA
title_short THE DEVELOPMENT OF THE FINANCIAL ENVIRONMENT OF NON-PROFIT ORGANIZATIONS IN RUSSIA
title_sort development of the financial environment of non profit organizations in russia
topic non-profit organizations
financial resources
social orientation
organizational and legal forms
legislation
url https://financetp.fa.ru/jour/article/view/324
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