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Non-commercial partnerships – A non-commercial partnership (NP) (Article 8, NCO Law) is a membership organization pursuing activities for the mutual benefit of members. Therefore, assets that have been transferred to an NP as donations can be used for purposes other than those having public benefit.
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.
For this reason it is prudent for any non-profit to obtain liability insurance. Non-profits which have paid staff must comply with minimum wage laws, and with the requirement in most states to obtain workers compensation insurance. Churches and religious non-profits are something of a special case, because the First Amendment to the U.S ...
Music Canada, formerly known as the Canadian Recording Industry Association is the non-profit trade organization representing the largest Canadian companies that create, manufacture and market sound recordings; Recording Industry Association of New Zealand (RIANZ), non-profit trade association of producers and artists in New Zealand
Educational collaborative partnerships is ongoing involvement between schools and business/industry, unions, governments and community organizations. Educational collaborative partnerships are established by mutual agreement between two or more parties to work together on projects and activities that will enhance the quality of education for ...
A partnership in Hong Kong is a business entity formed by the Hong Kong Partnerships Ordinance, [32] which defines a partnership as "the relation between persons carrying on a business in common with a view of profit" and is not a joint stock company or an incorporated company. [33]
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.
Multiple sections are often included in articles of partnership, based on the circumstances: the granting of the partner the rights to manage and administer the business or a specific department. the authorization of a majority of partners to manage the affairs of the entire partnership. This is particularly common where there are numerous ...