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EXPANDING THE AUTONOMY OF HIGHER AND POSTGRADUATE EDUCATION ORGANIZATIONS BY IMPROVING THE LEGAL FRAMEWORK FOR THE FUNCTIONING OF THE ENDOWMENT FUND

https://doi.org/10.52425/25187252_2025_36_70

Abstract

The article discusses the issues of establishing and managing endowment funds in Kazakhstan. Leading universities in developed countries widely use such funds to ensure long-term financial stability and innovative development. However, the absence of an appropriate legal framework in Kazakhstan limits their potential utilization. The study proposes legislative measures to secure the financial stability of scientific and educational institutions. Developing a specialized law will attract investments, implement long-term development strategies, and enhance the resilience of universities. The proposed measures aim to ensure effective fund management, investment protection, and operational transparency. The research results highlight the significance of endowment funds for Kazakhstan and their role in improving the competitiveness of the national education system.

About the Authors

A. M. Yessentemirova
L.N. Gumilyov Eurasian National University
Kazakhstan

Yessentemirova Aigul Maratovna – Postdoctoral Student of the Eurasian National University named after L.N. Gumilyov, PhD

Astana



A. A. Abdybayeva
2National Institute of Intellectual Property
Kazakhstan

Abdybayeva Aruzhan Assanovna – Head Specialist of Development and international cooperation division National Institute of Intellectual Property, Master of Business Administration

Astana



References

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2. Osmanova, D. Theoretical and legal framework to regulate the system of higher and postgraduate education in the republic of Kazakhstan / D. Osmanova, et al. // Journal of Legal, Ethical and Regulatory. – 2021. – Issues 24 (S5). – Pp. 1-12.

3. Zaharchuk, E.A. Municipaldy basқarudyң sheteldіk tәzhіribelerі: tәzhіribe zhәne engіzu erekshelіkterі (AҚSh municipalitetterіnің mysalynda) / E.A. Zaharchuk // Eurazijalyқ ғylym zharshysy. – 2023. – № 6. – 1-11 b.

4. Zaripova, L.R. Departament Obrazovanija, Kak Central'nyj Organ Upravlenija Obrazovaniem Velikobritanii [Jelektrondyқ resurs] / L.R. Zaripova, T.A. Magsumov // Nauchnyj lider. – 2023. – № 1 (99). – Ajnalys rezhimі: https://scilead.ru/article/3736-departament-obrazovaniya-kak-tsentralnij-orga (zhүgіngen kүnі: 09.09.2024).

5. R. Franz, S. Kranner. University Endowments A Primer. – CFA Institute Research Foundation. Retrieved from. – 2019 [Jelektrondyқ resurs] – Ajnalys rezhimі: https://www.cfainstitute.org/-/media/documents/article/rf-brief/rf-brief-franz-university-endowments.ashx (zhүgіngen kүnі: 12.06.2025).


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For citations:


Yessentemirova A.M., Abdybayeva A.A. EXPANDING THE AUTONOMY OF HIGHER AND POSTGRADUATE EDUCATION ORGANIZATIONS BY IMPROVING THE LEGAL FRAMEWORK FOR THE FUNCTIONING OF THE ENDOWMENT FUND. Bulletin of the Law Enforcement Academy. 2025;(2 (36)):70-79. (In Kazakh) https://doi.org/10.52425/25187252_2025_36_70

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ISSN 2518-7252 (Print)
ISSN 3079-4609 (Online)