%0 Journal Article %T ENDOWMENTS: THEIR PLACE IN THE SYSTEM OF FINANCING OF HIGHER EDUCATION AND EXPERIENCE OF THEIR USE IN RUSSIA AND ABROAD %A Andrey Leonov %J Sovremennye Issledovania Social£¿nyh Problem %D 2012 %I Nau?no-innovacionnyj Centr %X The present paper demonstrates that existing methods of financing of organizations of higher education in Russia cannot be used as a supporting ttool for knowledge production, which leads to decrease in quality of educational services in the field of higher education. Endowments are proposed as a tool of financing. Endowment statistics for Russia and other countries is given. Obstacles that hinder development of endowments in Russia are analyzed. %K higher education %K educational services %K knowledge production %K endowment %U http://sisp.nkras.ru/issues/2012/1/leonov.pdf