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A not-for-profit or non-for-profit organization (NFPO) is a legal entity that does not distribute surplus funds to its members and is formed to fulfill specific objectives. [ 1 ] [ 2 ] While not-for-profit organizations and non-profit organizations (NPO) are distinct legal entities, the terms are sometimes used interchangeably. [ 3 ]
Logo of the United Nations Children's Fund (UNICEF), an organization of the United Nations. A nonprofit organization (NPO), also known as a nonbusiness entity, [1] nonprofit institution, [2] or simply a nonprofit, [a] is a legal entity organized and operated for a collective, public or social benefit, as opposed to an entity that operates as a business aiming to generate a profit for its owners.
Advancing biology through programs, partnerships, and advocacy with a particular emphasis on public policy that benefits and promotes the interests and diversity of the life sciences community and informed decision-making. Training. Providing educational training programs to scientists that enhance their professional skills and opportunities ...
In relation to public services, the voluntary sector is the realm of social activity undertaken by non-governmental, not for profit organizations. [1] This sector is also called the third sector (in contrast to the public sector and the private sector), community sector, and nonprofit sector. [2] "Civic sector" or "social sector" [3] are other ...
Cambia is an Australian-based global non-profit social enterprise focusing on open science, biology, innovation system reform and intellectual property. Its projects include The Lens, formerly known as Patent Lens, and the Biological Innovation for Open Society Initiative. Cambia derives its name from the Spanish verb cambiar, to change. [2]
Therefore, it cannot obtain IRS 501(c)(3) non-profit status as a charitable organization. [4] [5] A mutual-benefit corporation can be non-profit or not-for-profit, but it still must pay regular corporate tax rates. A mutual benefit corporation will pay the same taxes as a regular for-profit corporation, with C corporation tax rates.
Nonprofit studies or nonprofit management is a multidisciplinary field of teaching and research that focuses on practices of the nonprofit sector and can date back to the 1920s. [1] This area of inquiry examines the management and effectiveness of the nonprofit sector.
The term nonprofits research is used to describe the academic enterprise devoted to teaching and research on nonprofit organizations and non-governmental organizations (NGOs), voluntary associations, voluntarism and voluntary action, philanthropy, civil society, and related activities.