non-profit organization

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Nonprofit Organization

An organization that operates as if it were a business but does not seek a profit. Common examples of nonprofits include charities, private schools, and think tanks. Nonprofits do not pay taxes; donations to many are tax-deductible, at least up to certain limits. In order to qualify for this status, however, a nonprofit must register with the IRS, under section 501(c) of the tax code. See also: 403(b).

non-profit organization

an organization which attempts to achieve an objective other than profit, for example, a charity.
References in periodicals archive ?
Houston, TX, August 12, 2015 --(PR.com)-- Stunned by the death of young mother Wendy Kwan in 2014, her friends and colleagues have launched a non-profit foundation in her memory, dedicated to research on brain injuries and disorders.
The French company has executed this agreement with The Institut Curie, a private non-profit foundation that combines an oncology research centre and a state-of-the-art hospital.
(PSAI), a private non-stock, non-profit foundation, NEDA Region VI will conduct a two-day live-out Training Workshop on Retooling of Stakeholders on Research Protocols for State Colleges and Universities (SUCs) and Higher Education Institutions (HEIs) professors who are planning to do research work.
Norfolk, VA, January 05, 2014 --(PR.com)-- The Military Human Resource Foundation, a newly established non-profit foundation, has $250 scholarships and grants available to both individuals and organizations that work in or support military-related human resources.
Serving nearly three quarters of the state's population, PSE&G recently established a non-profit foundation making a $1 million commitment to affordable housing in New Jersey.
TERHO Foundation, founded in 1987 a non-profit foundation. It taustajEnrjestE[micro]inEn the Cancer Society of Finland and Southern Finland Cancer Society.
IAAA, non-profit foundation, was formally founded in 1983 by a small group of artists who journeyed through the fascinating but seldom trod territory where science and art overlap.
The company has established a non-profit foundation which will focus on project development loans for community-based affordable housing.
The International Infrastructure Support System (IISS), implemented by the Geneva based non-profit foundation, the Sustainable Infrastructure Foundation (SIF), is an online, secure, scaleable, multi-user preparation platform/service developed with the support of Capgemini.
Overcoming her own medical challenges inspired her to create this non-profit foundation to help other women through recovery and toward their adventurous dreams.
The project leverages significant co-investment almost half of the project s costs from local and private sources, including station sponsorship, a development authority and a non-profit foundation, supports economic activity in Detroit, which is an extremely economically distressed area with one of the highest unemployment rates in the country.
IAAA, non-profit foundation, was formally founded in 1982 by a small group of artists who journeyed through the fascinating but seldom trod territory where science and art overlap.