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2026 rugpjūtisEconomics

Finding sponsors: parama (charitable support), paid sponsorship, and reporting back afterwards

The point, in one line

Parama — charitable support, with nothing given in return — paid sponsorship, and support in kind are three different things in Lithuanian law, and a club calls all three by one word. The difference decides who signs and whether an invoice is needed.

How it works

You promise a logo, receive a transfer and never notice you just sold a service you had no right to sell; one word, sponsorship, covers three different transactions.

Parama, gratuitous supportA gratuitous transfer. Only a legal person with recipient status may take it.
Paid sponsorshipFor a logo or access to students. It needs an invoice, and you are not the signer.
In-kind supportA room, food, prizes, printing. The easiest thing to agree.
You know which of the three you are entering and who signs it; we do not negotiate for you, and a second year goes to whoever sent a one-page report after the event.
The same thing, in your club
  1. The situation

    A company will give 300 EUR if its logo goes on the poster and it can give a five-minute talk.

  2. What the model says

    The company receives consideration, so this is the sale of a service, and an unregistered club cannot carry it out.

  3. What you do

    Do not agree on the spot: this week write to the faculty and ask who can sign an arrangement like that.

What it claims

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Why gslk uses it

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Rights and licence
In copyright

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What this connects to

These works are related to the one you just read — and not by accident:

Grounds these competency domains

Of the ten gslk competency domains, this work grounds:

The student version
Finding sponsors: parama (charitable support), paid sponsorship, and reporting back afterwards

The same work written for a member: what to do with it in the club.

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