Regulation of the non-profit sector of a region's socio-economic system

The article considers the issues of introduction of methods of financial management to the practice of public authorities and non-profit organizations. The main idea of the article is to show the existing methods of regulation of the activity of the "the third sector", and also possible ways of increasing their productivity for the purpose of resolving fundamental problems of socio-economic development in a regional aspect. The article considers legal, system and structural approaches to the formation and management of public resources of a territory. The sources of financial security of NPO are defined, traditional and new sources that have an essential impact on financial security of nonprofit organizations are divided into groups. Analysis of the markets of the "third sector" entities at the federal and regional levels is performed. Through the example of a real autonomous non-commercial organization, assessment of efficiency of endowment establishment is carried out. The author suggests a hypothesis that financial resources used by non-profit organizations create a necessary basis for financial security of their activity, however, they are insufficient for proper functioning and development, which affects the state of socio-economic system of a region in general. Considering the aforementioned, the approach of increasing the productivity of a "third sector" entity based on establishing endowment, which performs a stimulating function of stabilizing regional socio-economic systems, is proposed. Implementation of the approaches considered allows for identifying problems, features, and the level of development of single endowment-organizations, and also for calculating productivity of their activity, which influences socio-economic development of a region in general. The main conclusions show that today regulation of the non-profit sector of a region's socio-economic system demands using new, better mechanisms, one of which is endowment.