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

Top stories

Peter Pellegrini and members of his Hlas party.

Ex-PM Pellegrini's party still enjoys lion share of public's vote

Eight parties would make it into parliament, the recent AKO poll suggests.


5 h
Peter Kažimír

The ‘Latvian scenario’ repeats in Slovakia

Central bank governor Kažimír shows no signs of resigning, despite corruption charges.


2 h
Home office has become the new norm overnight.

More employees with benefits; one fifth still don’t have any

One benefit that has seen large scale implementation since 2019 is the ability to work from home.


14. okt
Skryť Close ad