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Regional Economics: Theory and Practice
 

Assessing the effectiveness of financial support for socially oriented non-profit organizations: The main approaches

Vol. 19, Iss. 11, NOVEMBER 2021

Received: 23 November 2020

Received in revised form: 19 February 2021

Accepted: 28 September 2021

Available online: 15 November 2021

Subject Heading: SOCIOECONOMIC POLICY

JEL Classification: G18, L31, R10

Pages: 2107–2121

https://doi.org/10.24891/re.19.11.2107

Ekaterina I. KAIBICHEVA Ural State University of Economics (USUE), Yekaterinburg, Russian Federation
Catherine.kai@mail.ru

https://orcid.org/0000-0002-0194-2185

Subject. This article discusses the specifics of the existing systems of State and municipal support for non-profit organizations.
Objectives. The article aims to develop a methodology for assessing the effectiveness of financial support for socially oriented non-profit organizations.
Methods. For the study, I used the methods of analysis, synthesis, and generalization.
Results. Based on the analysis of the methods used to assess the effectiveness of financial support for socially oriented non-profit organizations, the article identifies their advantages and disadvantages and offers an original methodology that takes into account the practice of providing financial support to non-profit organizations and existing information limitations.
Conclusions. Assessment of the effectiveness of financial support for socially oriented non-profit organizations requires simultaneous consideration of the current legislation, multidirectional activities of non-profit sector organizations and the projects implemented by them, the specifics of the result of the work of non-profit organizations and existing information restrictions.

Keywords: socially oriented non-profit organization, financial support, value for public money

References:

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