Non-profit Institutions’ Funding Resources in the Time of Crisis: Market or Government?

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Authors

HYÁNEK Vladimír PROUZOVÁ Zuzana

Year of publication 2015
Type Article in Proceedings
Conference Proceedings of the 8th International Conference on Applied Economics Contemporary Issues in Economy. Economics and Finance.
MU Faculty or unit

Faculty of Economics and Administration

Citation
Web http://www.badania-gospodarcze.pl/images/books/8.pdf
Field Management and administrative
Keywords non-profit institution; non-profit funding; economic crisis; system of national accounts; social services
Description Paper investigates NPIs´ reactions to the distinctive changes of the economic environment in the 2008 – 2013 when Czech republic were relatively strongly affected by the crisis. In this article we focus on structure of NPI funding resources changes on a specific area of public social services. Statistical data and our research have showed that Czech NPI were not significantly affected by the economic crisis. The only exceptions can be found in a development of the volume of donations from abroad. It is also evident that non-profit institutions in the analyzed period did not incline to greater use of commercial sources. Potentially lost resources have been substituted by the private philanthropy, or other types of resources, but not by the commercialization of its activities.
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