According to the new law on the third sector that is expected to enter into force by the end of 2019, philanthropic bodies are entities of the nonprofit sector established in the form of a recognised foundation or association in order to make donations of money, goods or services, including investments, in support of disadvantaged people or general-interest purposes. The organisastion's name shall contain the indication of a philanthropic body. Philanthropic bodies get the economic resources to develop their business mainly from public and private assets, donations and legacies, capital gains and fundraising activities.