non-profit organization

(redirected from Not-for-profits)
Also found in: Dictionary, Thesaurus.

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 ?
To find other potential board members, not-for-profits can tap into sources that align with their mission.
St Vincent's travails highlight a common misconception about not-for-profit hospitals.
Jodi Geddes, General Manager Corporate Responsibility at NAB said the partnership will stimulate much needed new funding streams for not-for-profits and expand the way in which trusts and foundations have historically engaged with the sector.
Not-for-profits enjoy many tax-exempt privileges, but these privileges are subject to stringent requirements.
In the case of colleges, they already pay local governmental property taxes on their dormitories and cafeterias, a unique situation making those in the state less competitive than any other state around it and making the not-for-profits less competitive with public institutions that do not have to pay the same levy.
Vitale would provide support and financial solutions to not-for-profit health care organizations and educational institutions that rely on Bank of America's Not-for-Profit Health care and Institutions practice.
The faltering of this most recent legislative reform is a telling comment on the characteristically makeshift regulatory environment in Canada for not-for-profit corporations.
I am honoured to be here today at the ACOSS National Conference to begin a conversation about a renewed relationship between the Australian Government and the not-for-profit sector.
Historically, not-for-profit organizations generally benefited from laws affording charitable immunity from tort actions.
Careful planning and collaboration are key in creating successful joint ventures, according to the panelists discussing 'For-Profit and Not-for-Profit Collaboration in Redevelopment' at an educational conference presented by the Northern New Jersey District Council of the Urban Land Institute (ULI-NNJ) focused on creating successful redevelopment initiatives.
I have accessed what I consider some of the best ethics policies from both the not-for-profit and the for-profit worlds, and the real meat of it was around the conversation with the staff.