non-profit
Charity's legal structure
A non-profit is an organization that uses its revenue to pursue a mission rather than to generate profit for owners or shareholders.
Common examples include charities, educational institutions, and advocacy groups.
As an adjective, non-profit describes the status or nature of such organizations: She works for a non-profit dedicated to literacy.
Non-profits typically enjoy tax-exempt status in exchange for serving public or social purposes.
Also spelled nonprofit.
Independent charitable organization
- foundationUnderlying support structure
- associationGroup with shared aim
- cooperativeJointly operated enterprise
- collectiveJointly organized group
trust · society · guild · union · consortium · alliance · coalition · federation
Voluntary aid for others
- philanthropyGenerous giving for others
- humanitarianHelper of suffering people
- causeWhat produces an effect
- advocacyPleading for a cause
awareness · outreach · welfare · relief · aid · assistance · support · impact
Give to charity
- fundraisingSoliciting money for organizations
- contributionSomething given to help
- endowmentPermanent donated fund
- grantBestow or award money
bequest · legacy · gift · pledge · sponsor · patron · benefactor · donor
Nonprofit tax classification
- tax-exemptFree from taxation
- deductionConclusion from premises
- exemptionRelease from requirement
- tax-freeExempt from duties
non-taxable · IRS · compliance · filing · audit · status · incorporation · bylaws
Not yet compensated
- serviceAid or maintenance
- engagementCommitment to wed or attend
- participationAct of taking part
- helpingSingle portion given
altruism · selflessness · civic · community · cooperative · mobilization · recruitment · hours
Flat rigid panel
- trusteeOne managing another's assets
- directorOne who leads
- fiduciaryAgent bound by loyalty
- accountabilityObligation for one's actions
transparency · oversight · bylaws · charter · stakeholder · ethics · term-limits · quorum
NGO
Independent charitable organization
- foundationUnderlying support structure
- associationGroup with shared aim
- cooperativeJointly operated enterprise
collective · trust · society · guild · union · consortium · alliance · coalition · federation · charity
charity
Voluntary aid for others
- philanthropyGenerous giving for others
- humanitarianHelper of suffering people
- causeWhat produces an effect
advocacy · awareness · outreach · welfare · relief · aid · assistance · support · impact · stewardship
donate
Give to charity
- fundraisingSoliciting money for organizations
- contributionSomething given to help
- endowmentPermanent donated fund
grant · bequest · legacy · gift · pledge · sponsor · patron · benefactor · donor · grantmaking
501(c)(3)
Nonprofit tax classification
- tax-exemptFree from taxation
- deductionConclusion from premises
- exemptionRelease from requirement
tax-free · non-taxable · IRS · compliance · filing · audit · status · incorporation · bylaws
unpaid
Not yet compensated
- serviceAid or maintenance
- engagementCommitment to wed or attend
- participationAct of taking part
helping · altruism · selflessness · civic · community · cooperative · mobilization · recruitment · hours · coordinator
board
Flat rigid panel
accountability · transparency · oversight · bylaws · charter · stakeholder · ethics · term-limits · quorum · secretary
- fire insurancefire risk, fire damage, fire protection, fire inspections, fire hazards
- business entitiescorporation, LLC, sole proprietorship, partnership, company
- corporate lawincorporation, shareholders, corporate governance, limited liability, shares
non-profitfor-profit
Intended to make money
commercial · money-making · corporate · business · mercenary
non-profitcorporation
Legally separate business entity
commercial enterprise · venture · business · private company · company