Open AccessINTERNATIONAL PRACTICE OF USING ENDOWMENT FUNDS AS LEVERS OF SUSTAINABLE SOCIALLY RESPONSIBLE DEVELOPMENT OF UNIVERSITIES
Author(s) -
J.D. Murmyilo,
AUTHOR_ID
Publication year - 2021
Publication title -
èkonomičeskij vektor
Language(s) - English
Resource type - Journals
ISSN - 2411-7269
DOI - 10.36807/2411-7269-2021-4-27-160-163
Subject(s) - endowment , global assets under management , sustainable development , business , quality (philosophy) , finance , accounting , economics , institutional investor , political science , law , corporate governance , philosophy , epistemology
This article analyzes the problems of addi-tional financing of the university and the possibility of considering them as a subject of social responsibility for Russian society. The possibility of improving the quality of education in higher education through the use of endowment assets is substantiated. The definition of endowment assets and funds is given. The level of development of this mechanism by the leading Russian uni-versities is determined. The author analyzes the statistics of successful foreign use of such a tool as endowment funds. This article attempts to establish the relationship be-tween the number of participants in endow-ment funds and the amount of funds raised. Also, the tasks necessary to develop an al-gorithm of actions that allow Russian higher education to use endowment assets have been formulated.