Specific Features of the Resource Potential of Institutional Sports Organizations (through the Example of Universities)

The presented study examines the specific features of the operation of institutional sports organizations at the current stage of socio-economic development with the purpose of developing measures to facilitate efficient use of their resource potential.
Aim. The study aims to substantiate the need to apply a funding model for institutional sports organizations based on the assessment of available resources and development of new methods of income generation to carry out activities.
Tasks. The authors define the concept of resource potential within the context of the subject area; examine the specific features of the resource potential of institutional sports organizations at the current stage of socio-economic development; identify the funding sources of institutional sports organizations; determine ways to rationalize funding so as to make the operation of a sports club more efficient.
Methods. This study uses the methodology of a systems approach to examining economic phenomena and processes, systems analysis, and analysis of empirical data on the activities of sports organizations operating under the aegis of St. Petersburg universities.
Results. It is established that at the present stage the funding of institutional sports organizations that perform an important social function for the formation of human capital is of great significance. The funding of institutional sports organizations has its own specific features. In most cases, it depends on the availability of budgetary funds, which are scarce. Therefore, managers of institutions need to develop a model that would allow institutional sports organizations to operate efficiently and achieve their social goals, making the most of the funds invested in their development.
Conclusions. The authors propose directions for examining the resource potential of institutional sports organizations and further exploring opportunities for the financial support of the process of providing services to socially significant population groups.

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