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Not-for-profit organization. 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] An NFPO does not earn profit for its owners, as any revenue generated by its activities must be put back into the organization.
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.
Google.org, founded in October 2005, is the charitable arm of Google, a multinational technology company. [1] The organization has committed roughly US$ 100 million in investments and grants to nonprofits annually. The organization is noted for several significant grants to nonprofits using technology and data in innovative ways to support ...
e. United States non-profit laws relate to taxation, the special problems of an organization which does not have profit as its primary motivation, and prevention of charitable fraud. Some non-profit organizations can broadly be described as "charities" — like the American Red Cross. Some are strictly for the private benefit of the members ...
OpenAI's new financing round is expected to come in the form of convertible notes, according to sources with direct knowledge of the matter, who said its $150 billion valuation will be contingent ...
The Wikimedia Foundation, Inc., abbreviated WMF, is an American 501 (c) (3) nonprofit organization headquartered in San Francisco, California, and registered there as a charitable foundation. [ 5 ] It is the host of Wikipedia, the seventh most visited website in the world.
Wikipedia is written by volunteer editors and hosted by the Wikimedia Foundation, a non-profit organization that also hosts a range of other volunteer projects: Commons Free media repository. MediaWiki Wiki software development. Meta-Wiki Wikimedia project coordination. Wikibooks Free textbooks and manuals. Wikidata Free knowledge base.
A vision statement is a high-level, [1] inspirational [1] statement of an idealistic emotional future of a company or group. Vision describes the basic human emotion that a founder intends to be experienced by the people the organization interacts with. [2][circular reference][3][circular reference][4] Vision statements may fill the following ...