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 State Enterprise Production Cooperative Business Partnerships Corporations Business Unions Non-profit Legal Entities 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.

Example Ozhet & Yerlan would like to fire Gulmira, and appoint themselves officers, and manage all money. Gulmira says that it is her money. They invested only KZT 600 altogether, and they cannot dispose 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 State Enterprise Production Cooperative Business Partnerships Corporations Business Unions Non-profit Legal Entities 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 - Institution 2. Private School – LLP or institution 3. Kindergarten – institution or LLP 4. Nur Otan – Public Union 5. University – Inst-n or Corp-n 6. STO – Indiv. Entrepreneur, LLP 7. Boutique in the Car City – IE, LLP 8. Soyuz Atameken - Association 9. Bank - Corporation 10. Pension Fund “Grantum” - Corporation 11. KazMunaiGas - Corporation 12. Kimep - Corporation