not-for-profits
Tax-exempt charitable groups
Not-for-profits are organizations that operate without the goal of generating profit for owners or shareholders.
Revenue beyond expenses gets reinvested in the organization's mission rather than distributed as dividends.
Charities, hospitals, universities, and advocacy groups commonly take this form.
The term is interchangeable with nonprofits: She spent her career working for not-for-profits in the education sector.
Nonprofit tax classification
- charityVoluntary aid for others
- foundationUnderlying support structure
- NGOIndependent charitable organization
- associationGroup with shared aim
tax-exempt · incorporation · bylaws · board · trustees · governance · registration · compliance
Gifts to organizations
- grantsAwarded funds for purposes
- fundraisingSoliciting money for organizations
- endowmentPermanent donated fund
- surplusAmount exceeding requirement
reinvestment · overhead · operating costs · annual report · audit · transparency · accountability · donor-advised fund
What produces an effect
- advocacyPleading for a cause
- social impactEffect on communities
- community benefitAdvantage serving local residents
- public goodNon-excludable shared benefit
service delivery · outreach · beneficiaries · stakeholders · awareness · education · empowerment · intervention
Helper of suffering people
- environmentalOf natural surroundings
- educationalPromoting knowledge or skill
- healthcareOrganized provision of treatment
- artsCreative disciplines collectively
religious · animal welfare · housing · food bank · shelter · research · international development · civil rights
501(c)(3)
Nonprofit tax classification
- charityVoluntary aid for others
- foundationUnderlying support structure
- NGOIndependent charitable organization
association · tax-exempt · incorporation · bylaws · board · trustees · governance · registration · compliance · filings
donations
Gifts to organizations
- grantsAwarded funds for purposes
- fundraisingSoliciting money for organizations
- endowmentPermanent donated fund
surplus · reinvestment · overhead · operating costs · annual report · audit · transparency · accountability · donor-advised fund · capital campaign
cause
What produces an effect
- advocacyPleading for a cause
- social impactEffect on communities
- community benefitAdvantage serving local residents
public good · service delivery · outreach · beneficiaries · stakeholders · awareness · education · empowerment · intervention · programming
humanitarian
Helper of suffering people
- environmentalOf natural surroundings
- educationalPromoting knowledge or skill
- healthcareOrganized provision of treatment
arts · religious · animal welfare · housing · food bank · shelter · research · international development · civil rights · youth services
not-for-profitsfor-profits
Enterprises seeking financial gain
corporations · commercial enterprises · businesses · trading companies · proprietorships
not-for-profitshedge funds
Pooled alternative investment vehicles
conglomerates · multinationals · big business · corporate interests
profit, profits, profitable, profitably, profitability, nonprofit, nonprofits, profited, profiting