non-profit in Business topic From Longman Dictionary of Contemporary Englishˌnon-ˈprofit (also non-profitmaking British English, not-for-profit especially American English) adjective a non-profit organization uses the money it earns to help people instead of making a profit a non-profit ...
Non-Profit vs. Not-for-Profit Organization The terms “non-profit organization” or NPOs and “not-for-profit” or NFPs are often used interchangeably to refer to organizations that do not distribute their profits to shareholders. However, both terms refer to different types of organizations that...
Definition of non-profit adjective in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
However, most people often interchange the terms Non-Profit vs Not For Profit to refer to firms or organizations that do not re-distribute their share of profits or funds back to their shareholders or the owners. Thus, “non-profit” is more commonly used in the United States. However, not...
More Commonly Misspelled Words Popular in Wordplay See All More Words with Remarkable Origins 8 Words for Lesser-Known Musical Instruments Birds Say the Darndest Things 10 Scrabble Words Without Any Vowels 12 More Bird Names that Sound Like Insults (and Sometimes Are) ...
More Commonly Misspelled Words Popular in Wordplay See All 8 Words with Fascinating Histories 8 Words for Lesser-Known Musical Instruments Birds Say the Darndest Things 10 Scrabble Words Without Any Vowels 12 More Bird Names that Sound Like Insults (and Sometimes Are)...
Grants are important to non-profits; many are in business because of them. Grants can come from government and foundations and they are usually large in size and for specific programs within the non-profit organization. By definition, grants don't need to be repaid; they are not loans. Gove...
The organization is formed with permission from the state and tax authorities and the directors, or trustees of the non-profit do not work for profit. They are allowed to take reasonable salaries for their services while maintaining the tax-free status of the organization....
Similar in many ways to the CEO role in a for-profit corporation, executive directors are responsible for steering the organization and managing its operations. Because of IRS rules for nonprofit status, executive directors often receive lower total compensation than a CEO. ...