The study examines the current trends of social entrepreneurship activity in Russian Federation as well as opportunities and obstacles for social entrepreneurship development. The research methodology is based on semi-structured interviews of acting social entrepreneurs and questionnaires that were fulfilled by social entrepreneurs and those people who have developed related business plans. The conclusions are made considering the reasoning of Russian social entrepreneurs' activity, the social problems they choose, the social effects that are desired and achieved, as well as the obstacles that are faced by social entrepreneurs.