An incorporated organization which exists for educational or charitable reasons, and from which its shareholders or trustees do not benefit financially. also called not-for-profit organization.
This is an organization that works for the betterment of humanity without concern of the profit.
An organization not conducted or maintained for profit, whose net earnings are devoted exclusively to charitable, educational, or recreational purposes. Includes associations, community groups, non-government organizations and politcal campaign organizations established to influence legislation or elect a candidate for public office. Only non-profit moving image organizations that are not defined specifically as an organization type are included here.
Means an organization organized and operated exclusively for one or more of the following purposes: charitable, religious, educational, scientific, literary, testing for public safety, fostering national or international amateur sports competition, and the prevention of cruelty to children or animals and qualified under the Internal Revenue Code Section 501(c)(3). None of the earnings of the organization may inure to any private shareholder or individual and the organization may not attempt to influence legislation as a substantial part of its activities and it may not participate at all in campaign activity for or against political candidates. Once qualified under IRC Section 501(c)(3), the organization is eligible to receive tax-deductible contributions in accordance with IRC Section 170. The organization must be a corporation, community chest, fund, or foundation (which includes charitable trusts); an individual or a partnership will not qualify.
Also called not-for-profit organizations. Non-profit organizations exist not to make money, but to fulfill one of the purposes recognized by federal law: charitable, educational, religious, scientific or literary activities. They conduct business for the benefit of the general public without shareholders and without a profit motive. They include private non-profit organizations (such as hospitals, private colleges, and organized charities), as well as public governmental units or agencies (such as welfare departments, state universities, and federal and local government departments).
a charitable group or is registered as a charity under federal or provincial legislation
a corporation formed to not generate profits
a group organized for purposes other
a legal entity whose aim is different to that of making a profit, but nevertheless this legal entity may well be owner of assets, even of a substantial value
an example of a business type that will usually receive greater discounts than for-profit organizations
an object, with the rights of a juridicial person, established according to this law, whose purpose is not the aquisition of profits
an organization governed by a volunteer board of directors , and whose business is not conducted for profit
an organization that either does not make money or uses all of its profits to advance its services and programs
An organization whose prime reason for operating is not to make economic gain but rather provide a needed public service.
One in which the purpose is service to society rather than profit. Non-profit organizations can issue tax receipts for donations only if they are registered as charities.
Any corporation, unincorporated association, community chest, fund, or foundation organized and operated exclusively for religious, charitable, scientific, literary or educational purposes, no part of the net earnings of which inures to the benefit of any private shareholder or individual. These organizations have a 501 (c)(3) exemption from the Internal Revenue Service.
a legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization, or literary society). By law, NYSCA is allowed to make grants only to non-profit organizations incorporated by the State of New York, and municipalities and Indian tribes.
An organization whose purpose is other than to make a profit. With a few exceptions, only non-profit organizations are eligible for Canada Council funding. The exceptions are publishing houses, artistsâ€(tm) managers and agents, architectural firms and professional contemporary art dealers (see the Canada Revenue Agencyâ€(tm)s Interpretation Bulletin IT-496.)
An association that is given tax-free status. Donations to a non-profit organization are often tax deductible as well.
An organization in which profit is not its primary goal.
A nonprofit organization (abbreviated "NPO", or "non-profit" or "not-for-profit") is an organization whose primary objective is to support an issue or matter of private interest or public concern for non-commercial purposes. Nonprofits may be involved in an innumerable range of areas relating to the arts, charities, education, politics, religion, research, sports or some other endeavor.