Event Title

Financial Sustainability of Nonprofit Organizations in Kosovo

Session

Management, Business and Economics

Description

This paper aims of assessing the financial sustainability of the nonprofit organizations (NPOs) operating in Kosovo. NPOs have increasingly been gaining attention of donors and government agencies as they contribute to society through their social value creation. They contribute in social value creation through creation of jobs and training opportunities, dissemination of information, education of the community, and meeting needs that market does not meet on its own. As such, government agencies and other domestic and international organizations have offered funds to support activities of NPOs. However, funds from those sources do not guarantee long-term sustainability for NPOs and the need for internal financial sustainability is becoming increasingly important. Hence, this study aims to show the funding sources of the NPOs operating in Kosovo and their abilities to be financially sustainable, independently. Further, findings of this study may provide solid grounds for further research such as NPOs’ approaches to.

Keywords:

Nonprofit Organizations, Kosovo, Financial Sustainability, Social Enterprises, Social Impact

Session Chair

Edmond Hajrizi

Session Co-Chair

Armend Muja

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-437-69-1

Location

Pristina, Kosovo

Start Date

27-10-2018 1:30 PM

End Date

27-10-2018 3:00 PM

DOI

10.33107/ubt-ic.2018.291

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Oct 27th, 1:30 PM Oct 27th, 3:00 PM

Financial Sustainability of Nonprofit Organizations in Kosovo

Pristina, Kosovo

This paper aims of assessing the financial sustainability of the nonprofit organizations (NPOs) operating in Kosovo. NPOs have increasingly been gaining attention of donors and government agencies as they contribute to society through their social value creation. They contribute in social value creation through creation of jobs and training opportunities, dissemination of information, education of the community, and meeting needs that market does not meet on its own. As such, government agencies and other domestic and international organizations have offered funds to support activities of NPOs. However, funds from those sources do not guarantee long-term sustainability for NPOs and the need for internal financial sustainability is becoming increasingly important. Hence, this study aims to show the funding sources of the NPOs operating in Kosovo and their abilities to be financially sustainable, independently. Further, findings of this study may provide solid grounds for further research such as NPOs’ approaches to.