NGO sector needs to improve transparency

A register of NGOs could bring more order to financing the third sector.

More people are volunteering via NGOs.More people are volunteering via NGOs. (Source: TASR)

Even though greater transparency could create better financing opportunities for non-governmental organisations (NGOs), Slovakia still does not have a register providing detailed information about the financing and spending of NGOs. After the signing a memorandum between the Finance Ministry and non-governmental organisations in May 2015 on bringing more transparency into their financing, such a compulsory register of NGOs should be launched within two years.

Currently there are several tools that enable tracking the data of NGOs financed from public resources. These include a central registry of agreements, central registry of projects, an IT monitoring system, an EU funds module, a donation scheme module, and a portal of open data. However, a compulsory register of NGOs funded from private resources is still in development.

The Interior Ministry confirmed that work on the new register of NGOs began at least half a year before signing the memorandum. Expected release of the register is planned for 2018, informed Marta Fabianová from the press office of the ministry.

“This single register will replace all existing registers of the foundations, non-investment funds and non-profit organisations with an international element,” said Fabianová, adding that it will include statutory data, such as the name of the organisation, its headquarters, tax identification number and activities.

Such information could increase the trustworthiness of the NGO sector in relationships with the general public.

“Civic society is the carrier of progressive values and transparency is one of them,” said Fedor Blaščák from the Association of Corporate Foundations and Funds (ASFIN), adding that greater transparency opens better financing opportunities for NGOs.

The rest of this article is premium content at Spectator.sk
Subscribe now for full access

I already have subscription - Sign in

Subscription provides you with:
  • Immediate access to all locked articles (premium content) on Spectator.sk
  • Special weekly news summary + an audio recording with a weekly news summary to listen to at your convenience (received on a weekly basis directly to your e-mail)
  • PDF version of the latest issue of our newspaper, The Slovak Spectator, emailed directly to you
  • Access to all premium content on Sme.sk and Korzar.sk

Get daily Slovak news directly to your inbox

Theme: Corporate Responsibility

Read more articles by the topic

Top stories

News digest: Foreigners’ Police departments remain closed

Slovenia has ordered PCR tests developed by Slovak scientists. Holocaust survivors received the coronavirus vaccine jab.

8 h

Slovakia has more and more vaccines available. State lacks courage

Slovakia is taking a cautious approach to make sure it will be able to deliver second doses when needed.

12 h
Police control at the border crossing in Drietomá (Trenčín Region).

Stricter curfew rules come into force, police intensify checks

Negative test result required when going to work or doing sports in nature.

14 h
The entry of new data is required via Slovensko.sk.

Companies complain about an absurd fee. They need to add information state also has

Firms have to add their representatives’ birth numbers to business register. They can be fined if they fail to do it.

14 h