The dissertation is dedicated to the issue of non-profit organizations’ finances efficient functioning in transitive economy. It explores theoretical-methodological and practical aspects of non-profit organizations’ financial activity in terms of market transformations, as well as studies the foreign experience of its organization. Upon the undertaken study the ways to improve the system of non-profit organizations’ functioning were found out and the number of amendments to legislation which covers their financial activity was suggested.
Increment of non-profit organizations’ finances role in terms of market transformations is determined, on the one hand, by the utter necessity of auxiliary financial incomes to the area of social-public protection of society and, on the other hand, by the significant increase of qualitative and quantitative indicators of their functioning.
The study examines the economic essence of non-profit organizations’ finances, uncovers their role and value in changing conditions of enterprising, provides the results of modern trends in theory and practice of non-profit organizations’ finances functioning analysis. It explores the major characteristics of non-profit organizations as the subjects of financial relations: their peculiarities, structure, legal fundaments of regulation. The study suggests the appropriate classification of non-profit organizations according to their activity analysis. It develops general methodological principles of non-profit organizations’ activity assessment.
The role and place of non-profit organizations’ finances in modern economy of Ukraine is examined. The study defines positive trend of advanced increase of non-profit organizations’ financial resources in comparison with the raise of their quantitative indicators. It is defined that non-profit organizations’ financial relationships development with the other subjects of economy is embodied in growing sophistication of mechanisms, structures and instruments of social partnership. While examining the structure and content of social partnership on the state level the following financial mechanisms have been identified, i.e.: social service, civil social sponsorship, direct financing, social stimulation, social standards and guarantees, lobbying, civil social control. The most prospective and settled financial mechanism of regional partnership defined are grant programs. Percentage philanthropy is considered to be the most perspective mechanism of non-profit organizations’ financial stabilization. Upon the critical analysis of Hungarian percentage model, the reasonability of its implementation into domestic tax practice was rationalized.
The necessity to diversify the parts of financing to the favour of private philanthropy and self-financing and the expenditures in favour of charity was rationalized upon the analysis of structure of forming and usage of non-profit organizations’ financial resources.
Based on the comparative analysis, the major principles of taxation of non-profit organizations in Ukraine and European countries, as the major component of their finances functioning, were examined. As the result of this comparison the numbers of amendments to the legal acts aimed at raising stimulating effect of charity finances flow were proposed. Upon the analysis of non-profit organizations’ preferential taxation mechanisms it was defined, that the most rational of them is exemption of legally-defined nomenclature of these organizations’ activity.
The dissertation examines the main directions of raising the non-profit organizations’ financial efficiency based on global practice, which provides realization of strategic aims in their development. It substantiates recommendations towards their employment in Ukrainian practice of non-profitable activity in the following spheres: structural organization, taxation, international financial relationships, and informational policy.