Charitable activity is voluntary personal and/or property assistance to achieve specified According to the Law dated 07.05.12 No. 5073-VI (hereinafter – Law No. 5073) purposes that do not provide for the benefactor to receive a profit, as well as the payment of any remuneration or compensation on behalf of or on behalf of the beneficiary (Clause 1.2 of Article 1 of Law No. 5073) .
Benefactor is an able-bodied natural person or legal entity under private law (including a charitable organization) who voluntarily carries out one or more types of charitable activities (Clause 1.1, Article 1 of Law No. 5073).
Beneficiary – recipient of charitable assistance (natural person, non-profit organization or territorial community) receiving assistance from one or more benefactors to achieve the goals defined by Law No. 5073 (Clause 1.5, Article 1 of this Law).
Charitable contributions can be provided to recipients in monetary form for their financing needs according to the areas of expenditure determined by the benefactor, as well as as goods, works, services. If the philanthropist has not determined the specific goals of using the funds, the ways of directing the charitable contribution are determined by the head of the recipient institution, institution, in accordance with the priority needs related exclusively to the main activity of the institution, institution (Clause 2 of the Procedure approved CMU resolution dated August 4, 2000 No. 1222, hereinafter – Order No. 1222).
Charitable (voluntary) contributions and donations from legal entities and individuals – residents and non-residents (hereinafter – benefactors) in accordance with current legislation have the right to receive directly budget institutions and institutions of education, health care, social protection, culture, science, sports and physical education (clause 1 of Order No. 1222).
Part of the funds received as charitable (voluntary) contributions and donations from benefactors can be directed to pay the salaries of employees of the specified institutions and institutions in accordance with their estimates in compliance with the requirements of Law No. 5073, if the direction of expenditures is determined by the benefactor.
Charitable contributions cannot replace fees for the provision of paid services by institutions and establishments according to the lists defined in the established order (clause 3 of Order No. 1222).
