2003

Slovakia, August 15, 2003

FORMER DIRECTOR OF SLOVAK TRUST PARTNER ORGANISATION HIRED BY WORLD BANK


World Bank Hires Community Foundation Specialist

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Hungary, August 15, 2003

PROGRESS OF SELECTION PROCESS OF TRUST PARTNER IN HUNGARY


Trust for Civil Society in Central & Eastern Europe decided to go further in the selection process of the Trust Partner Organisations in Hungary. The process started in January 2002 with publication of a Call for Letters of Intent. Four organizations were short-listed to prepare full proposals, however, the selection process was postponed in June 2002, because none of the proposals was satisfactory for the Trust. Trust offered small assistance grants to the group of NGOs participating in the process to foster the launch of the Trust program implementation in Hungary and to enhance efforts of Hungarian NGOs in reaching out to experience from neighbouring countries and build their advocacy capacity to become a partner for the public administration.

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August 15, 2003

ENDOWMENTS IN CENTRAL AND EASTERN EUROPE: APPROACH WITH CAUTION


Endowments in Central and Eastern Europe: Approach with Caution

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Czech Republic, August 15, 2003

CZECH ENDOWMENTS: AN IMPROVING FRAMEWORK


Czech Endowments: An Improving Framework

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Hungary, August 15, 2003

HUNGARY'S LEGAL ENVIRONMENT FOR ENDOWMENT BUILDING


Hungary's Legal Environment for Endowment Building

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Poland, August 15, 2003

ENDOWMENT BUILDING IN POLAND: A FOVOURABLE ENVIRONMENT?


Endowment Building in Poland: A Favourable Environment?

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Slovakia, August 15, 2003

QUESTION MARK OVER ENDOWMENTS IN SLOVAKIA


The First Decade The fall of communism in Czechoslovakia in 1989 was followed by a civil society boom. It was in this period that the majority of currently existing foundations and associations in Slovakia were created. These institutions focused on education, science and research, health care, social issues (social services, humanitarian activities, self-help, sports for the disabled), children and youth activities, culture and arts, human rights and minorities, expansion of the non-profit sector, community and regional development, renovation of places of cultural interest and preservation of cultural heritage and the environment.

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Romania, August 15, 2003

ARE ENDOWMENTS ON ROMANIA'S HORIZON?


Sustainability has long been a major concern for foundations around the world. For organisations in Central and Eastern Europe this is an issue that has arisen in the last decade, and is becoming increasingly important in light of the expected withdrawal of foreign donors in the future. Non-profit organisations, whether grantmaking or grantseeking, are exploring ways to increase their financial sustainability. Endowments are one important tool of the survival kit. How does the current legal and economic environment affect endowment building in Romania? Where can they be placed in the wider picture of sectoral development? What are the challenges and perspectives? These are some of the questions that this article seeks to answer.

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Slovenia, August 15, 2003

CHALLENGE OF ENDOWMENT BUILDING IN SLOVENIA


The Foundations Act adopted by the National Assembly of the Republic of Slovenia at the end of October 1995 reintroduced after five decades a system of foundations as legal entities into the Slovenian legal system. The Foundations Act is thus important for the new legal system, as well as for the broader establishment of civil society. It enables individuals and organisations as legal entities to institutionalise their desire to organise operations of broader benefit and charitable purposes. A law more liberal than similar Foundation Acts in certain European countries was deliberately prepared with the intention of encouraging individuals and organisations to establish foundations and to cooperate within the framework of foundations, including the provision of support (financial and otherwise) to this end. On the other hand, the adoption of a more liberal Foundations Act in Slovenia also has a "dark side" - the "endowment" or "a foundation's permanent capital fund" is for the majority of the approximately 120 foundations established to date insufficient to allow them to achieve their purpose solely from the income generated by the management of founding assets. There are thus only a few foundations in Slovenia which can be considered endowed foundations. The vast majority are non-endowed foundations, while all of them are dependent in carrying out their mission on revenues generated during the business year.

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Slovakia, August 15, 2003

PUBLIC COLLECTION OF THE CHILDREN OF SLOVAKIA FOUNDATION YIELDS 236,000 USD


The Children of Slovakia Foundation organized for the forth time the Children´s Hour public Collection, which yielded 9.111,338 SKK (approx. 236,000 USD). More than 144 000 people participated in the collection. About 53 percent of collected money was raised from employees through payroll deduction, the rest came through ATM, SMS messages, phone calls and internet donations.

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