from The American Heritage® Dictionary of the English Language, 4th Edition
- adj. Not seeking or producing a profit or profits: a nonprofit organization.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- adj. Not seeking to produce a profit (a financial gain).
- n. An organization that exists for reasons other than to make a profit, such as a charitable, educational or service organization.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- adj. not commercially motivated
- n. an organization chartered for other than profit-making activities
Although often associated with the term nonprofit, social entrepreneurs don't have to be consumed with the hassles of corporate legal structures, reporting, and documentation.
The term nonprofit can be a misnomer when it comes to hospitals, because 77 percent of the nation's 2,033 nonprofit hospitals operate in the black, according to a report by The Wall Street Journal.
Running a nonprofit is a huge amount of work and I have to wear so many hats: the grant-writing hat, the fundraising hat, the administrative hat, even the taking-out-the-garbage hat, which is made out of old take-out Thai food containers and scrap paper.
Yet nowhere in this year's State of the Union did President Obama, the first president who began his career at a nonprofit, utter the word "nonprofit" or mention the sector, its contribution to society or its role in the nation's economic recovery.
Partnership for Public Service - as its name suggests, this nonprofit is a partnership between public-sector, private-sector, academic, and nonprofit institutions.
Yet nowhere in this year's State of the Union did President Obama, the first President who began his career at a nonprofit, utter the word "nonprofit" or mention the sector, its contribution to society or its role in the nation's economic recovery.
Foremost among them are her observations regarding the changes in the progressive movement in the 1970s and the movement today, especially her remarks that much of the work formerly done by organizations with no financial portfolio now being done by what she calls the nonprofit industrial complex.
This happens to the elderly WWII Disabled Vets in nonprofit nursing homes also.
“In 1993, she became Executive Director for the Chicago office of Public Allies, a non-profit organization encouraging young people to work on social issues in nonprofit groups and government agencies.”
Under the law, certain nonprofit groups don't have to disclose donors 'identity.