{"id":18344,"date":"2023-05-31T10:02:26","date_gmt":"2023-05-31T07:02:26","guid":{"rendered":"https:\/\/modecon.mnau.edu.ua\/?p=18344"},"modified":"2023-05-31T10:02:26","modified_gmt":"2023-05-31T07:02:26","slug":"fundraising-as-a-resource-raising-tool","status":"publish","type":"post","link":"https:\/\/modecon.mnau.edu.ua\/en\/fundraising-as-a-resource-raising-tool\/","title":{"rendered":"Horvat T. Fundraising as a resource-raising tool for religious organizations"},"content":{"rendered":"

[vc_row][vc_column][vc_column_text]<\/p>\n\n\n\n
JEL Classification<\/strong>: G20
\n<\/span><\/td>\n		DOI<\/b>: https:\/\/doi.org\/10.31521\/modecon.V38(2023)-06<\/a><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

[\/vc_column_text][vc_column_text]Tetiana Horvat, <\/strong>postgraduate student, West Ukrainian National University, Ternopil, Ukraine<\/p>\n

ORCID ID:<\/strong> 0000-0003-0804-916X<\/a>
\ne-mail: <\/strong>tetyana.horvat04@gmail.com<\/a><\/p>\n

 <\/p>\n

Fundraising as a Resource-Raising Tool for Religious Organizations<\/strong><\/h2>\n

\u00a0\u00a0<\/strong><\/p>\n

Abstract. Introduction<\/strong>. The church is an important component of social life, trusted by many Ukrainians. Ukraine is a democratic country and promotes the development of religion and religious organizations, protects their interests if their activities are carried out within the limits of the law and do not violate public order. The state does not interfere in the activities of religious organizations and does not finance their activities. The stable financial position of religious organizations is a guarantee of their successful activity. Insufficient funding or lack of other necessary resources pushes religious organizations to look for new modern and effective financial support tools. Fundraising is such a tool, which helps to attract funding from various sources and implement important projects and initiatives.<\/p>\n

Purpose.<\/strong> The purpose of the article is a comprehensive analysis of fundraising as an effective tool for attracting additional resources for financing social and charitable projects of religious organizations.<\/p>\n

Results. <\/strong>Based on the results of the research, the main types of fundraising have been classified, the main principles on which the fundraising process is based have been analyzed, and the successive stages of its implementation have been considered. The key elements of fundraising that affect the success of project implementation have also been proposed. The foreign experience of attracting resources by religious organizations using the practice of fundraising for the implementation of targeted projects and financing of activity costs has been studied. The main advantages and further prospects of the spread of fundraising as an effective factor for the successful development of domestic religious organizations have been argued.<\/p>\n

The research methods used in the work are: analytical, structural and detailing methods.<\/p>\n

Conclusions.<\/strong> Fundraising is a modern and effective tool for attracting resources for financing or implementing social projects of non-profit religious organizations. Today, Ukraine is taking gradual, successful steps in the direction of popularizing fundraising.<\/p>\n

Keywords:<\/strong> fundraising; fundraising project; attracting resources; financing; religious organization.<\/p>\n

References:<\/strong><\/p>\n

    \n
  1. Dielini, M. M. (2017). Fundraising and donation as tools for realizing social and economic responsibility of entrepreneurship. Ekonomika ta upravlinnia pidpryiemstvamy. Prychornomors’ki ekonomichni studii<\/em>, 23, 75\u201378 [in Ukrainian].<\/li>\n
  2. Klymovs’ka, N. (2020). Fundraising in quarantine: your donors have the right to know how you are coping with the crisis.\u00a0 Ukrains’ka pravda<\/em>. Retrieved from \u00a0https:\/\/life.pravda.com.ua\/columns\/2020\/07\/17\/241687\/ [in Ukrainian].<\/li>\n
  3. Litkevych, A. M. (2019). Fundraising as a component of resource provision of the competitiveness of the institution of general secondary education. Pedahohika formuvannia tvorchoi osobystosti u vyschij i zahal’noosvitnij shkolakh<\/em>, 108\u2013112 [in Ukrainian].<\/li>\n
  4. Ohorodnyk, V. O. (2014). Fundraising is a tool for activating the socially responsible interaction of the subjects of public relations. Ekonomika i orhanizatsiia upravlinnia<\/em>, 197\u2013201 [in Ukrainian].<\/li>\n
  5. Sokolovs’ka, V. V. (2015). The essence and perspective of the development of fundraising in Ukraine. Efektyvna ekonomika<\/em>, 9 [in Ukrainian].<\/li>\n
  6. Cherniavs’ka, O. V. & Sokolova, A. M. (2015). Fundraising. Kyiv: Alerta [in Ukrainian].<\/li>\n
  7. dobro.ua – holovna platforma dobrykh sprav v Ukraini (2023). Retrieved from https:\/\/dobro.ua\/about_us\/ [in Ukrainian].<\/li>\n
  8. Adrian Sargeant, Jayne George (2021). Fundraising Management. Routledge.<\/li>\n
  9. Ashley V. Whillans (2016). A Brief Introduction to the Science of Fundraising. Council for advancement and support of education. Retrieved from \u00a0https:\/\/0c5822d5-ccd6-4703-b18e-1250261297db_Whillans_whitepaper_2016_FINAL.pdf [in English].<\/li>\n
  10. Carnes, R. (2022). 18 New and Creative Fundraising Ideas for Churches and Faith-Based Organizations. Classy.org. Retrieved from \u00a0https:\/\/www.classy.org\/blog\/fundraising-ideas-churches\/ [in English].<\/li>\n
  11. The art of fundraising for religious institutions. Online Fundraising Platform M-Changa (2023). Retrieved from https:\/\/www.fundraising.co.ke\/religious-institutions\/ [in English].<\/li>\n<\/ol>\n

    [\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Received:<\/strong> 20 April 2023<\/p>\n

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    Horvat T. (2023). Fundraising as a resource-raising tool for religious organizations. Modern Economics, 38(2023), 41-45. DOI: https:\/\/doi.org\/10.31521\/modecon.V38(2023)-06.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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    [vc_row][vc_column][vc_column_text] JEL Classification: G20 DOI: https:\/\/doi.org\/10.31521\/modecon.V38(2023)-06 [\/vc_column_text][vc_column_text]Tetiana Horvat, postgraduate student, West Ukrainian National University, Ternopil, Ukraine ORCID ID: 0000-0003-0804-916X e-mail: tetyana.horvat04@gmail.com   Fundraising as a Resource-Raising Tool for Religious Organizations \u00a0\u00a0 Abstract. Introduction. The church is an important component of social life, trusted by many Ukrainians. Ukraine is a democratic country and promotes the development
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