LEGAL PROBLEMS OF ATTRACTING INVESTMENTS THROUGH THE ENDOWMENT FUND SYSTEM IN KAZAKHSTAN

The creation of endowment funds in Kazakhstan is a relatively new direction. We notice that today, there is an active discussion of the draft law of the Republic of Kazakhstan “On endowment funds”. The presence of endowment funds at non-profit organizations is designed to increase the share of annual income and financial stability, raise the university's prestige, and provide an opportunity to improve the nation's science position. In this article, the authors address the pressing issue of attracting philanthropists to the activities of endowment funds. Additionally, the importance of creating favorable conditions for them. It is necessary to eliminate organizational and legal obstacles. The relevance of this study lies in the fact that universities continue to receive state funds. At the same time, there is a global practice of organizing the self-financing of higher education institutions through trust management. This experience is necessary for the active and correct further development of endowment funds. The theoretical significance of this study lies in its proposals for addressing specific scientific issues related to donor involvement. The practical significance of this study lies in the potential application of this material in the educational process and future research in this area. Building a clearly regulated system for creating endowment funds will provide an impetus for innovative development in addressing large-scale problems in the field of education.

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