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Financial Resources For Ngos

Author

Listed:
  • 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.

Suggested Citation

  • NITESCU Silvia - Elena & MIHAI Carmina - Elena, 2019. "Financial Resources For Ngos," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 71(4), pages 86-103, December.
    • Handle: RePEc:blg:reveco:v:71:y:2019:i:4:p:86-103
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    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/71407nitescu&mihai.pdf
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    More about this item

    Keywords

    NGO; financial resources; funding;
    All these keywords.

    JEL classification:

    • L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship
    • G29 - Financial Economics - - Financial Institutions and Services - - - Other

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