Non profit organization finance
- Credits: 3
- Ending: Examination
- Range: 16sP
- Semester: summer
- Year: 2
- Faculty of Economics and Finance
Teachers
Included in study programs
Teaching results
Knowledge, competency, and skills:
• After graduating this subject, student has knowledge about the organizational scheme of third sector
• Understand and acquire basic terminology and basis from sections of third sector finance, formulate and critically asses current problems
• Acquire knowledge about the basis of mutual connections in section of non-governmental organizations
• Understand individual types of organizations of public sector, be able to suggest and justify own decision in section of choosing the effects of individual types of third sector organizations with lookout into future of their existence in current global processes
Practical skills:
• Evaluate and interpret financial impacts on economy and its performance, show creativity
• Be able to design adequate means of financing selected subjects in particular sector
• Show work effectivity and professionality in teams while working on chosen tasks.
Indicative content
The aim of this subject is to acquire knowledge regarding the problematics of third sector finance. Subject is dedicated to relationship and connections in theory and politics, as well as praxis of organization functioning in third sector in current home and foreign conditions. Interpretation of this problematic is viewed from home as well as foreign literature with application to conditions in Slovak republic. Focus is aimed at active connection between theory and praxis, so that graduating students will be able to choose correct model of non-profit sector, for selected task and justify their choosing with emphasis on financial and economical questions and impacts.
1. The national economy in terms of various criteria - Colin Clark, Jean Fourastié, and the economic nature of the public, private and third sectors (TS).
2. Theoretical and institutional definition of the third sector - the third sector according to Pestoff, Holloway, Zimmer. Third sector according to the ESA 2010 methodology.
3. TS in the changes of time - historical context of the development and existence of TS organizations.
4. Civil society - human rights and the third sector.
5. Third sector service providers - legal forms of TS organizations.
6. Areas of interest TS - art, culture, sports, social services, education.
7. Areas of TS management - non-profit management, public welfare, charity, volunteer work.
8. Social economy and social enterprises - social entrepreneurship.
9. Partners of TS organizations - financial market entities (households, companies, state and abroad).
10. Economic, financial and formal-legal aspects of TS organizations.
11. Donors versus recipients. Well-known donors are known and their motivations for donation and philanthropy.
12. Important TS organizations (position, importance, contribution) - Red Cross, UNICEF, GREENPEACE, UNESCO, etc.
Support literature
Anheier, Helmut, K.: Nonprofit Organizations: Theory, Management, Policy. Second Edition. Routlege Taylor and Francis Group London and New York, 2014.
Walter W. Powell, Patricia Bromley: The Nonprofit Sector: A Research Handbook, Third Edition. Standford University Press, Standford California, 2020
Requirements to complete the course
40% semester work, 60% written exam
Student workload
26x3 = 78
Participation in consultation 16
Continuous semester work 20
Preparation for the exam 42
Total 78
Language whose command is required to complete the course
slovak
Date of approval: 06.02.2023
Date of the latest change: 24.01.2022