ENDOWMENT – A TOOL FOR ENSURING FINANCIAL STABILITY OF NONGOVERNMENTAL ORGANIZATIONS

ENDOWMENT – A TOOL FOR ENSURING FINANCIAL STABILITY OF NONGOVERNMENTAL ORGANIZATIONS

This paper analyzes the endowment fund, a tool for ensuring financial sustainability of a private or public organization. The first part of the paper explains the concept of endowment, focusing on the key issues in building such a fund. The second part of the paper highlights both the primary compon...

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Veröffentlicht in:Economics, Management, and Financial Markets Management, and Financial Markets, 2018-09, Vol.13 (3), p.162-172
1. Verfasser: Pacesila, Mihaela
Format: Artikel
Sprache:eng
Schlagworte:
Accounting
Civil Society
Climate
Economy
Endowment
Endowments
Finance
Financial sustainability
Legislation
NGOs
Nongovernmental organizations
Nonprofit organizations
Objectives
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Zusammenfassung:This paper analyzes the endowment fund, a tool for ensuring financial sustainability of a private or public organization. The first part of the paper explains the concept of endowment, focusing on the key issues in building such a fund. The second part of the paper highlights both the primary components and the types of endowment fund and its advantages and disadvantages. The last part of the paper provides an overview on the use of this fund in Romania.
ISSN:1842-3191
1938-212X