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 ?
RATHER than pay a heck of a lot of money to a private company to build it, then burden us users with an equally high price to pay for the energy from it (a price which will go up every year forever), why doesn't the Assembly use its borrowing power and simply pay to have it built for public ownership and then run it as a non-profit org like Welsh Water?
Non-partisan, non-profit org. dedicated to the goal of strengthening the quality of local gov't by helping officials better serve their municipality, improving the education & training of local officials, contributing to the understanding of munic, issues & promoting more effective local gov't.
Dynamo Capital 2.0 will be more ambitious, with the goal to buy content companies and create synergies with others in 2012, according to senior fund managers Cristian Conti and Andres Calderon, who are working with Boston Consulting Group and the New York-based non-profit org Endeavor t5 structure it.
He added: "There are a whole range of options, some may involve contracting to private or non-profit org anisations.
Pie Chart: Source of US R&D Funds 1997 Industry 65% Federal Government 30% Universities 3% Non-profit Org. 2% Source: National Science Foundation
To further this interplay, the French Ministry of Foreign Affairs and Unifrance, a non-profit org which promotes French cinema around the world, is working in tandem with film schools in Los Angeles and New York to bring French directors into the classroom.
Non-partisan, non-profit org. dedicated to the goal of strengthening the quality of local gov't by helping officials better serve their munic., improving the education & training of local officials, contributing to the understanding of munic, issues & promoting more effective local gov't.
As "The Matrix Reloaded" kicks off a summer full of R-rated films, a well-funded non-profit org is aiming to establish a new rating system for Hollywood content.
Hosted by Wilhelmena Model and Brand Jordan Ambassador Maria Clifton, this event will also serve as a fundraiser for The Hip Hop Loves Foundation, a non-profit org that utilizes Hip Hop culture as a tool of empowerment and eductaion.