non-profit organization

(redirected from Non-profit institution)
Also found in: Acronyms.

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 ?
McIntosh President Michael Hoyle wrote a letter to the editors of several newspapers indicating he would like to see the school become a community college or a non-profit institution. For that to happen, the corporation that owns the school, Career Education Corporation, would have to relinquish the school's charter.
Banco del Libro, a Venezuelan non-profit institution, has been awarded the Astrid Lindgren Memorial Award 2007.
A private, non-profit institution, Bellevue University serves students at 10 learning sites in three states, as well as worldwide through its online learning platform, Cyber-Active(R) Learning.
The Savannah College of Art and Design is a private, non-profit institution that prepares students for careers in the visual and performing arts, design, the building arts, and the history of art and architecture.
In 1982, Jesse Bermudez and 125 musicians from thirteen Philadelphia salsa groups founded AMLA, the Asociacion de Musicos Latino Americanos, a non-profit institution, to foster the appreciation of Latin music and support the development of artists.
"We're a non-profit institution, yet we pride ourselves in assuring that students work with up-to-date technology.
Because so much of this text deals with contrasting the traditional non-profit institution with the "new" non-profit model, Ruch makes it clear that the important distinctions between them reside not in financial or funding issues but "institutional mission and organizational culture," which must be specifically designed to serve the consumer's needs (p.
Located near Ogdensburg, N.J., the underground mine, shut down since 1986, is now the home of the Sterling Hill Mining Museum, a non-profit institution founded several years ago to promote the importance of mining to the general public.
Established as a private, non-profit institution in 1964 with support from the Central American banking commmunity and the U.S.
He said that CGSS is a non-profit Institution with mission to help improve policy and decision-making through analysis and research.
Chiao, who is based in Hong Kong, was recently in town for the debut of 'Imagine 2060: Delivering Tomorrow's Cities Together,' a three-year partnership with non-profit institution Asia Society to bring together a group of local and international leaders in urban design, infrastructure and public policy to imagine a long-term vision for key cities around the world.
For his part, Special Advisor at JCCP Eiji Hiroka said that the JCCP, founded in November 1981, is a non-profit institution, supported by the Japanese government.