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).
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non-profit organization

an organization which attempts to achieve an objective other than profit, for example, a charity.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
- US-based molecular simulations and enterprise software solutions provider Schrodinger and not-for-profit organisation TB Alliance have inked a three-year research collaboration to speed the development of next-generation tuberculosis treatments by leveraging Schrodinger's advanced computational platform for drug discovery, the principals said.
US-based specialty drug contract manufacturing organisation BioTechnique, LLC has launched of the second phase of manufacturing in partnership with an international not-for-profit organisation, the company said.
As reported, GoWarm, a not-for-profit organisation involved in energy effi-ciency schemes, has been working on homes in Stockton to tackle fuel poverty.
Summary: Al Jalila Foundation, a not-for-profit organisation that seeks to transform lives by making long-term contributions to healthcare, has teamed up with the British University in Dubai (BUiD) to train parents of children with disabilities as part of its Ta'louf (Arabic for harmony) to enhance the quality of life for children with developmental orders.
Glas Cymru was set up to be a not-for-profit organisation. This, however, has not transpired as far as its directors go, having read about Mike Brooker's and his fellow directors huge bonuses.
0191 201 6072 or email: kirsty.tarn@ncjmedia.co.uk THE deadline for entries for the majority of categories at the nebusiness awards has passed - but there's still time to enter the Not-For-Profit Organisation Of The Year title.
It specialises in accounting, audit, and federal, state and local tax planning and compliance for privately-held businesses and not-for-profit organisations across all industries.
NORTH East charity Changing Lives is celebrating after being announced as one of the Best Not-For-Profit organisations to work for in the UK.
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.