COMPENDIUM CULTURAL POLICIES AND TRENDS IN EUROPE
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Ukraine/ 6. Financing of culture  

6.3 Trends and indicators for private cultural financing

In general, studies of private funding for culture do not exist in Ukraine. It is possible only to present some information about household spending for culture (see chapter 6.1). Some special reviews concerning cultural financing analyse only general trends involving banks, trade networks, companies or foundations in funding artistic and cultural events, theatre performances, festivals, exhibitions and / or tours, without concrete statistics. At the same time, it should be important to mention some civic / private initiatives developing crowdfunding and social responsibility in Ukraine. One such initiative is the activity of the non-governmental organization Garage Gang developing venture philanthropy though the idea of crowdfunding or spilnokosht. Spilnokosht is the first and biggest online crowdfunding mechanism in Ukraine. It helps people find financial support for their projects among colleagues and supporters. Spilnokosht emerged out of the need to support creative, media and educational initiatives, and develops in order to fund innovations in such fields as IT, renewable energy and social entrepreneurship - http://www.gggg.org.ua/en/.


Chapter published: 09-02-2018

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