nonprofit

Charity's legal status

A nonprofit is an organization that uses its revenue to pursue a mission rather than distribute profits to owners or shareholders.

Charities, foundations, and advocacy groups are typically nonprofits: She works for a nonprofit that provides legal aid.

As an adjective, it describes this status: nonprofit organization, nonprofit sector.

Also spelled non-profit.

organization

501(c)(3)

Nonprofit tax classification

  • NGOIndependent charitable organization
  • foundationUnderlying support structure
  • charityVoluntary aid for others

institution · association · coalition · initiative · incorporated · non-governmental · tax-exempt · cooperative · trust · society

philanthropy

endowment

Permanent donated fund

donor · giving · foundation · stewardship · legacy · bequest · contribution · patronage · sponsor · gift

funding

fundraising

Soliciting money for organizations

  • grantBestow or award money
  • donationVoluntary charitable gift
  • subsidyFinancial assistance from government

aid · sponsorship · backing · support · contribution · revenue · development · capital · unrestricted · in-kind

mission

cause

What produces an effect

empowerment · humanitarian · initiative · purpose · vision · values · beneficiary · stakeholder · outcomes · intervention

volunteer

service

Aid or maintenance

engagement · participation · humanitarian · collaboration · cooperation · hours · recruitment · coordinator · unpaid · dedicated

governance

board

Flat rigid panel

transparency · compliance · oversight · fiduciary · audit · reporting · stakeholder · ethics · incorporation · charter

Categories
Opposites
profit motive

nonprofitfor-profit

Intended to make money

commercial · commercial enterprise · money-making · profitable · business

organizational purpose

nonprofitprivate company

Business without public shareholders

hedge fund · multinational corporation · venture capital firm · private equity · conglomerate

ownership and benefit structure

nonprofitprivate company

Business without public shareholders

proprietorship · investor-owned · privately held · Wall Street

Phrases
Family

nonprofits, nonprofit organization, nonprofitable

Familiarity
Top 50,000
Profile
Used worldwide · Timeless · Positive · Everyday, not technical · Rated G