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 ?

The Talent Foundation, a pioneer not-for-profit organisation looking to generate new ways of unlocking human potential at work has named Suzy Brain England its new Chief Executive Officer, strengthening its existing leadership team who are committed to helping individuals and organisations truly unlock the hidden talent they possess.

The Talent Foundation Names New CEO

A NORTH East college has been named one of the best not-for-profit organisations for the third year in a row.

Gateshead College has been named among Britain's 100 Best Not-for-Profit Organisations to Work For, after its commitment to its employees achieved national recognition.

It is the only college in the North East to make The Sunday Times Best Not-for-Profit Organisations to Work For 2012 survey and is one of 10 North East regional organisations to feature.

No-profit accolade for North college

A NEW Teesside company is helping not-for-profit organisations all over the UK to raise their profiles and generate more revenue for free, thanks to the support of a Middlesbrough-based digital venture.

Social Enterprise Search in South Bank aims to promote and connect all not-for-profit organisations throughout the UK.

It provides free internet marketing and networking opportunities so that not-for-profit organisations can more effectively raise awareness about what they do.

Sheila Robinson is a director of Social Enterprise Search and wanted to launch this type of venture because of the lack of effective, free online presence for not-for-profit organisations.