The Law of Ukraine

On Charity and Charitable Organizations

Date of Entry into Force:

October 15, 1997

The Law determines general grounds for charity, ensures legal regulation of relations in the society aimed at developing charitable activity, consolidating humanism and charity, guarantees state support for its participants, creates conditions for activity of charitable organizations according to the legislation of Ukraine. The term “charity” shall be understood as voluntary, disinterested endowments of natural persons and legal entities in the form of material, financial, organizational, and other charitable support for beneficiaries, specific forms of which are patronage and sponsorship. Charity and charitable activities shall be carried out on the basis of legality, humanity, common interests, and equal rights of its participants, openness, voluntariness, and self-government. Natural persons and legal entities can engage in charity independently or together with relevant charitable organizations registered according to the procedure established by the legislation.

Foreign citizens, stateless individuals, foreign and international organizations shall have the right to engage in charity and charitable activities on the territory of Ukraine.

Charitable support can be provided to beneficiaries in the form of: - one-time financial, material and other support; - systematical financial, material and other support; - funding for specific target programs; - support on the basis of agreements (contract) on charitable activity; - endowments or permission for free (privileged) use of property objects; - provision of direct support through personal labor, services or transfer of results of personal creative activity; - other forms of charity.

Founders (founder) of a charitable organization can be Ukrainian citizens, foreign citizens, stateless individuals who have reached the age of 18, as well as legal entities regardless of their form of ownership (except for those that are financed by the State Budget). Founders of a charitable organization shall make a decision on establishing a charitable organization, approve its statute (provision), form a body for managing this organization, hear out reports of the supervisory board on overseeing targeted use of funds and property of this charitable organization.

Charitable organizations can be established in the following organizational and legal forms: - member charitable organization; - charitable fund; - charitable institution; - other charitable organizations (foundations, missions, leagues, etc.).

Specific organizational and legal form of charitable organizations shall be determined by their founders (founder).

Charitable organizations shall be established by and act according to a territorial principle and they shall be divided by their status into: - All-Ukrainian charitable organizations that include charitable organizations whose activity covers the entire territory of Ukraine and which have their own offices (departments and representations) in the majority of Ukrainian oblasts; - local charitable organizations that include charitable organizations whose activity covers the territory of a relevant region or an administrative and territorial unit; - international charitable organizations whose activity covers the territory of Ukraine and at least one more country. The territory covered by activities of a charitable organization shall be determined according to its statute (provision). A charitable organization shall gain the rights of a legal entity from the moment of its state registration. State registration of All-Ukrainian and international charitable organizations shall be carried out by the Ministry of Justice of Ukraine, while local charitable organizations, as well as offices (departments and representations) of All-Ukrainian and international charitable organizations shall be registered by relevant local bodies of executive power. A payment shall be made for state registration of a charitable organization. The amount of such payment is established by the Cabinet of Ministers of Ukraine, but it cannot exceed three tax-free minimum personal incomes. A charitable organization shall register with tax bodies in the place where it is located within one month from the moment of receiving a certificate on state registration. Data from the register of charitable organizations registered by the Ministry of Justice of Ukraine shall be publicized in official publications. The highest management body of a charitable organization shall be a collegial body (general assembly, convention, conference) that fulfills its powers according to the statute (provision) of such charitable organization. Regulatory and oversight functions shall be entrusted to the supervisory board, whose personal composition shall be determined by founders (founder) of such charitable organization. The executive body of a charitable organization shall be its Board (committee). Members of the executive body of a charitable organization shall earn salary for their activities within this body. The Ukrainian legislation on labor, social security and social insurance shall apply to personnel of a charitable organization.

Assets and funds of charitable organizations shall consist of: - contributions from founders (founder) and other benefactors; - targeted charitable contributions and endowments (charitable grants) provided by natural persons and legal entities in pecuniary and in-kind forms; - revenues from charitable campaigns to raise charitable donations, mass charitable events, charitable lotteries and charitable auctions to sell property and endowments that were provided by benefactors; - profits yielded by deposits and securities, revenues from enterprises and organizations that belong to a charitable organization; - other sources that are not prohibited by the legislation of Ukraine.

A charitable organization shall account funds for economic and charitable activities on separate banking accounts both in the national and in foreign currencies. The procedure for opening and tracking banking accounts of charitable organizations shall be established by the National Bank of Ukraine.

Oversight of activities of charitable organizations, including of how they use assets and funds designated for charitable assistance shall be performed by bodies of executive power in line with their competence.

The volumes and forms of statistical reporting for charitable organizations shall be established by the Cabinet of Ministers of Ukraine taking account of specifics of their activities. Summary is prepared by Yaroslav the Wise Institute of Legal Information. В© 2002-2004. Yaroslav the Wise Institute of Legal Information.

Reference to Yaroslav the Wise Institute of Legal Information is obligatory when making use of these materials. tel/fax (380-44) 254-00-00 www.welcometo.kiev.ua e-mail: ili@ili.kiev.ua

Judging by the results of the previous year we would like to tell you about a pleasant partnership we have with the Dnepropetrovsk's chapter of the National Ukrainian female social organization "Diya". Below you will find the list of joint events that took place in 2007, and everyone can judge for themselves of what goals could be reached, if after a goal is, perhaps, a small, but dedicated group of people. To conclude:

1. Clothes purchase for children diagnosed with cerebral palsy, also a new doll theatre show took place at the center.

2. Gifts for 167 children with cerebral palsy living in the boarding school.

3. Trip to the soccer match dedicated in the memory of S. Rachmanova.

4. Charity dinner for kids of Chernobyl (60 people) in McDonald's.

5. Celebrating the day dedicated to Chernobyl(CHAES 32) rescue workers, handicapped received free meals.

6. Twenty five low-income families received school supplies and backpacks for their young students.

7. City center of Zovtnev received help in a form of medical supplies which were distributed among low-income and lonely senior citizens, free flu shots were administered.

8. Free gift subscriptions to newspaper were given to over fifty seniors.

9. Children's band "Diya" were supplied with dress costumes for their competition in the city of Khachovka.

10. For the church festival "Paschalni pispovivi", administered by Vladika Iriney, children were supplied with theological literature.

TOGETHER - WE HAVE POWER, THE POWER TO DO GOOD! JOIN US IN OUR QUEST FOR THE PURUIT OF HAPPINESS AND GOOD!!!

SITUATION WITH HOMELESS CHILDREN IN DNEPROPETROVSK OF AWFUL!

A DETAIL CAN SEE In REPORTING 9 CHANNEL of LOCAL TELEVISION:

To get a videosubject for viewing ofHERE (900Kb)

Charity moments

«When they first came here, stuck to very constrainedly – boys did not speak with girls, and nobody showed emotions openly, - so Natalia Bridun describes the little guests of traditional eleemosynary child's morning performance. - Now holidays of schools, and not all our permanent participants were able to come». Natalia tells about a holiday which organized for children from poor families a benevolent fund «Dnepr svitoch». However, appearing in a hall, complete merry voices of children's, we could trust hardly, that boys, with enthusiasm playing with an animator, met first. Sometimes they yell so loudly, whatever I hear, what the director of Fund Natalia Bridun talks about. Now children, dividing by two commands are pigeon «pair» - try to represent hedgehogs. All of it years for ten, and even less.

Three years back the founders of fund set itself the not simple problem: to rescue kids ot the bad influencing of street and show that is on earth people which they are not indifferent. В«Our organization is small, but we try to do everything, that in our forces. It seems to me that large companies in Ukraine are not interested in a person such by projects. Therefore among our members will not meet the proprietors of factoriesВ», - Natalia continues the story. However much it not at all embarrasses the founders of В«Dnepr SvitochaВ». Majority from them has own business. В«And yet conscienceВ», - Natalia adds.

Charity cafe "FANTAZIA"

HappY New Year's!!!On the 4th of January 2008, our charity organization held a massive charity event which took place in the building of the National Circus! With the help of the city and county officials it became possible to invite almost all the children who are in need of attention and care. Circus shows, large volume of gifts and warm speeches from circus performers, charity representatives, and church officials were presented to our little citizens! Happy New Year's, dear friends! Photos from the event can be seen below:

Charity help in Circus

Marina Shevtsova controls all charity transactions

The 2 International local Charity Conference

Dear Friends!

You are invited to take part in a 2 International local Charity Conference. This amazing event runs from 28th through 30th of June 2008 and will be hosted by a charity organization "Dniprovskiy Svitoch" in the city of Dnepropetrovsk, Ukraine.

Conference will take place in forest surrounded resort location, in a suburb of Dnipropetrovsk, on the birch of the most ecological river of Europe - Oril.

Event program includes topic speeches such, but not limited to:

1. Charity - a modern phenomenon

2. Goals and problems faced by today's charity movement, and ways to accomplish them.

3. Charity projects, their success, rating of conference submitted projects, winner selection and grant giving ceremony for realization of the winning project.

Also conference program includes: Visit to the village of Petrikivsky art ancient masters, tour to the live museum "Battle for Dnepr" and a night fishing on the exclusive forest lake.

We both understand what our organization faces, in terms of costs, in order for the conference to take place, however we hope that questions and problems of today's charity that we will conquer together, will recover those expenses.

Therefore, a cost of conference participation for one person is 3100 USD, which will cover living expenses in luxury resort facility, delicious meals from exclusive Russian and Ukrainian chefs, banquet at opening and closing ceremony, meals during the tours, tours themselves, transport accommodations, and last but not least - A significant input in support of the best charity project selected by conference participants.

For instructions on how to submit a project for grant selection please e-mail: fond@dsfond.dp.ua. The deadline for project submission is June 1st, 2008.

All other inquiries, including conference participation, are to be submitted via e-mail: sadovnik@dsfond.dp.ua. The deadline for conference sign-up is June 10th 2008.

Donations for conference organization and in order to purchase participation ticket in the event funds can be transferred via wire transfer. Below are the instructions:

Recipient: BF "Dniprovskiy svitoch"

Bank of recipient: PRIVATBANK SWIFT PBANUA2X

Address of bank of recipient: DNEPROPETROVSK , UKRAINE

accounts of recipient: 26002050203449

Bank-correspondent: J.P. MORGAN CHASE BANK SWIFT CHASUS33

bank accounts correspondent: 001-1-000080

Address of bank of correspondent: 7th flor BROOKLIN, NEW YORK 11245 USA

Purpose of payment: charitable help

Conference official program and official invitation and ticket will be sent separately.

All questions and inquires are to be submitted via e-mail: fond@dsfond.dp.ua or by phone:

Event Director Natalia V. Emtceva +38-056-375-51-97

Assistant Director Olexiy Y. Sadovnyk , +380-67-562-8297

Official representative in the United States(Oak Creek, Wi): Rod A Sadnyk: 414-793-08-24,e-mail:rodion@dsfond.dp.ua

Info -Official sait about town Dnipropetrovsk - www.gorod.dp.ua

With Gratitude,

Dniprovskiy Svitoch Director

Natalia Bridun

www.dsfond.dp.ua,+38-056-375-51-97,785-92-75,fond@dsfond.dp.ua

FOOD PANTRY FOR HOMELESS CHILDREN IS NOW OPEN (2006 year)

Charity Organization "Dniprovkskiy Svitoch" has opened a food pantry for homeless children at the local cafe of Dnepropetrovsk. Hours of operation are 7:30 a.m. until 9 p.m. everyday, except for Saturday and Sunday. You can read more about the food pantry in the local newspaper"Dnepr EVENING" from 12.11.2006.Video report made by Channel 9 News about the opening can be viewedHERE(614Kb)

Hot feed for homeless children

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Holiday for homeless children

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Present for homeless children

NEWS of BENEVOLENT FUND В«DNIPROVSKIY SVITOCHВ»

In March in guests in Fund the group of children of Raevskoy of boarding-school arrived from Sinel'nikovo. A fund organized for them an excursion on a city, in the house-museum of Yavornitskogo and Diorama «Battle for Dnepr». Breakfasted and dined children in Point of hot feed for poor and homeless children at a cafe «PAMPUSHKA», that on the street of CHERNISHEVSKOGO,1b. In Point basic visitors are children of schools of Dniproprtrovsk of district which Zhovtnevyy an executive committee gives out the coupons of Fund on the feed of poor children. On the end of May an executive committee and Fund planned conducting of large-scale action, devoted Day of child – festive dinner will be organized more, than for 40 children of district, a clown Gosha is invited, distribution of gifts and clothes by the given firm «Ruler». We ask attention public and to such moments of work of Fund, as having a special purpose charity – Fund prepares having many the children family to purchase a sewing machine, and also facilities are needed on treatment of two sick children, deprived parents as a result of accident. Details on a site www.dsfond.dp.ua or on phone: +38-056-375-51-97 If you had a desire to help these children, but you do not have time or desire to go to the bank or to us in an office, you can carry out offering straight from our site, by a plastic card. Thank you, ring and come to us!

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Help me...

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Dnepropetrovsk charity organization "Dniprovskiy Svitoch" addresses you, with a request to show kindness and mercy to the poor and disabled people of Dnepropetrovsk region.

Our staff is asking you to take part in a charitable program of our organization that includes running a food pantry, that provides free food for homeless and underprivileged children, also construction of a sleep shelter for people of Dnepropetrovsk who are without a place of residence.

Below you can find a brief extract of our activity plan.

In connection with a long term of our projects, we hope that funds or food, clothes, other belongings that you may find possible to provide for charity, be donated on a monthly basis. This will allow us to operate food pantry without any interruption and accumulate the needed sum for shelter construction. Also we would like to remind you that donated funds are tax free. If donation amount does not exceed 5% of income, it relates to the gross expenditures of enterprise.

This is our children!