Article 3. Basic concepts

The following basic concepts apply in this Law:

volunteers — individuals who carry out sponsorship in the form of gratuitous performance of work, provision of services for the benefit of the beneficiary or sponsorship organization;

sponsors — legal entities and individuals carrying out sponsorship;

sponsorship (sponsorship activity) — voluntary disinterested assistance (activity) of legal entities and individuals, expressed in gratuitous or on preferential terms transfer of property to other legal entities and individuals, including cash, in the performance of work for them, the provision of services and the provision of other support for sponsorship purposes;

beneficiaries — legal and natural persons receiving sponsorship;

subjects of sponsorship — sponsors, volunteers, sponsorship organizations, as well as beneficiaries;

sponsorship organization — a non-governmental non-profit organization created to carry out sponsorship activities in the interests of society, certain categories of legal entities and individuals;

sponsorship charities — property, including funds allocated for sponsorship purposes.