Not for profit

Zhanat Alimanov, assistant professor

Terms

1. Institution - учреждение

2. Public Union – общественное объединение

3. Public Fund – общественный фонд

4. Consumer cooperative – потребительский кооператив

5. Religious Union – религиозное объединение

6. Association - Ассоциация

Plan (state enterprises)

1. Institution

2. Public Union

3. Public Fund

4. Consumer cooperative

5. Religious Union

6. Association

BY GOAL

For profit Legal Entities Non-profit Legal Entities

State Enterprise

Production Cooperative

Business Partnerships

Corporations

Business Unions

Public Associations

Public Funds

Religious Associations

Consumer Cooperatives

Institutions/Учреждения

I. Institution

What is

Institution?

Let’s look at the

Civil Code.

I. Institution

What are

its peculiarities?

I. Institution

What are

its peculiarities?

1. financed by its founder

2. Not for profit

II. Not for profit

What is

Public Union?

Let’s look at the

Civil Code.

II. Not for profit

What are

its peculiarities?

Example, IDC?

Example

Let’s assume that Gulmira,

Yerlan & Ozhet founded

Intellectual Debate Club of

KIMEP.

Yerlan & Ozhet gave KZT 300 to

the Club. Gulmira gave her

laptop, invested KZT 300,000 to

the Union.

ExampleOzhet & Yerlan would like to fireGulmira, and appointthemselves officers, andmanage all money.

Gulmira says that it is hermoney. They invested only KZT600 altogether, and they cannotdispose her money.

Can Ozhet & Yerlan fire Gulmira& spend all money?

II. Public Union

What are

its peculiarities?

(1) one member = one

vote, irrespective of

Investment

(2) cannot divide profit

(3) only physical people

BY GOAL

For profit Legal Entities Non-profit Legal Entities

State Enterprise

Production Cooperative

Business Partnerships

Corporations

Business Unions

Public Associations

Public Funds

Religious Associations

Consumer Cooperatives

Institutions/Учреждения

III. Public Fund

What is

Public Fund?

Let’s look at the

Civil Code.

What legal form?1. University

2. High School

3. Private School

4. Kindergarten

5. Nur Otan

6. University

7. STO

8. Boutique in the Car City

9. Soyuz Atameken

10. Bank

11. Pension Fund “Grantum”

12. KazMunaiGas

13. Kimep

What legal form?1. High School - Institution2. Private School – LLP or institution3. Kindergarten – institution or LLP4. Nur Otan – Public Union5. University – Inst-n or Corp-n6. STO – Indiv. Entrepreneur, LLP7. Boutique in the Car City – IE, LLP8. Soyuz Atameken - Association9. Bank - Corporation10. Pension Fund “Grantum” -

Corporation11. KazMunaiGas - Corporation12. Kimep - Corporation