FINANCIAL RESOURCES FOR NGOS

NITESCU Silvia – Elena, Lucian Blaga University of Sibiu

MIHAI Carmina – Elena, Lucian Blaga University of Sibiu

Abstract:
This paper aims at giving a perspective of the role that NGOs play in the society and economy, the financing opportunities that Romanian NGOs have and the way they take advantage of these opportunities in order to grow and have impact in society. The studies on financial behavior in Romania reveal that the income sources of the non-governmental organizations became diversified during the last years, the most significant financial incomes for NGOs remaining grants or contracts from the European Union and from foreign or international foundations. But in the same time, the analyzed data reveal that the changing legislation has a significant influence on the financing trends of NGOs.

Keywords: NGO, financial resources, funding

JEL Classification: L31, G29

Volume: 71, Issue: 4

Pages: 86 - 103

Publication date: December, 2019

Download the article: http://economice.ulbsibiu.ro/revista.economica/archive/71407nitescu&mihai.pdf

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