Questions about developing human capital, creating a more stable socioeconomic environment, and pursuing environmentally responsible policies have never been more under the spotlight. These priorities, globalization, and progressive technologies are changing all aspects of society, from education and medicine to manufacturing and communications. The charitable sector is no exception. Notable trends in this area are the increased popularity of social entrepreneurship, the new concept of impact investing, innovative new social projects, the rise of the volunteer movement, and the emergence of the PhilTech sector, which creates digital products and services that are specially designed for non-profit organizations, volunteers, and social entrepreneurs. The speed and effectiveness with which new practices and tools can be integrated into the charitable sector will determine how effectively we can deal with the social challenges facing our society and ensure Russias future prosperity. Which modern trends in the charitable sector and which business and non-profit practices are already having a significant influence on regional social development? Are there any innovative technologies which could take charity in Russia to a new level? How can charitable projects that will help to shape the future be implemented in Russia?