What does Not-For-Profit mean?
Definitions for Not-For-Profit
not-for-prof·it
This dictionary definitions page includes all the possible meanings, example usage and translations of the word Not-For-Profit.
Princeton's WordNet
nonprofit organization, nonprofit, not-for-profitnoun
an organization chartered for other than profit-making activities
Wiktionary
not-for-profitnoun
A company or organization that is not meant to make a profit.
not-for-profitadjective
not meant to make a profit
Wikipedia
not-for-profit
A not-for-profit or non-for-profit organization (NFPO) is a legal entity that does not distribute surplus funds to it members and is formed to fulfill specific objectives. A NFPO does not earn profit for its owners, as any revenue generated by its activities must be put back into the organization.While not-for-profit organizations and non-profit organizations are distinct legal entities, the terms are sometimes used interchangeably. A NFPO must be differentiated from a non-profit organization (NPO) as it may not be formed explicitly for the public good as an NPO must be, and NFPOs are considered "recreational organizations", meaning that they do not operate with the goal of generating revenue as opposed to NPOs.
ChatGPT
not-for-profit
A not-for-profit organization is a type of organization that does not earn profits for its owners. All money earned by or donated to a not-for-profit organization is used to pursue the organization's objectives and keep it operational. These organizations typically serve the public interest and are commonly involved in areas such as education, health, social service, arts, and research. They are exempt from paying taxes and they rely on funds from memberships, donations, and grants.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of Not-For-Profit in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of Not-For-Profit in Pythagorean Numerology is: 1
Examples of Not-For-Profit in a Sentence
Does Ron DeSantis get to tell the College Board what the national curriculum should be? That doesn’t seem right, but does the College Board, an unelected body and a not-for-profit, get to tell the people of Florida what goes into a course? That’s the contradiction that everyone’s struggling with.
Since its filing we have consistently maintained that Mr. Restis' suit was meritless. United Against Nuclear Iran is a bi-partisan not-for-profit policy and advocacy organization that will not be silenced by intimidation or threat, through economic and social means and through the exercise of their First Amendment rights, the officers and staff of UANI have acted courageously and patriotically in their efforts to prevent Iran from obtaining nuclear weapons.
I don't know. It's been brutal for us, we're basically using the fire of Covid to start some new version. We're changing our school and our theater to not-for-profit. Whether or not we'll be able to get there, I don't know.
This is the argument: should we have public funding for all these things? Or should we have private funding? i think there's a place for each but we really believe that Christ-centered, values-focused ministries are probably more efficient and can do a more effective job than government intervention. That's why I've dedicated my life to the not-for-profit sector and, in particular, the Christian community, because I really believe that is how we can most effectively help people. And partnering with businesses because we know that business and learning how to do business well brings people out of poverty. Government intervention often is very inefficient.
Government is instituted for the common good; for the protection, safety, prosperity, and happiness of the people; and not for profit, honor, or private interest of any one man, family, or class of men; therefore, the people alone have an incontestable, unalienable, and indefeasible right to institute government; and to reform, alter, or totally change the same, when their protection, safety, prosperity, and happiness require it.
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"Not-For-Profit." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/Not-For-Profit>.
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