NonProfit Discount
Non-profit means not conducted or maintained for the purpose of making a
profit. Instead, a non-profit operates to serve a public good. As an
entire sector, non-profits include hospitals, universities, trade
organizations, voluntary associations and religious organizations.
We offer 20% off of all of our services as our way of supporting these
organizations.
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to find out how we can help you!
Nonprofit Definition
From Wikipedia, the free encyclopedia
A nonprofit organization (sometimes abbreviated to "not-for-profit",
"non-profit", or "NPO") is an organization whose primary objective is to
support some issue or matter of private interest or public concern for
non-commercial purposes. Nonprofits may be involved in an innumerable
range of areas relating to the arts, charities, education, politics,
religion, research, or some other endeavor.
The difference between nonprofit organizations and profit-making
organizations
Most experts consider that it is the legal and ethical restrictions on
the distribution of profits to owners or shareholders which
fundamentally distinguishes non-profits from commercial enterprises. A
more precise term is 'not for profit', rather than 'nonprofit', and this
is often used in legislation and texts.
Nonprofits generally do not operate to generate profit, and this
characteristic is popularly considered to be the defining characteristic
of such organizations. However, a non-profit organization may accept,
hold and disburse money and other things of value. It may also legally
and ethically trade at a profit. The extent to which it can generate
income may be constrained, or the use of those profits may be
restricted. Nonprofits are therefore typically funded by donations from
the private or public sector, and often have tax exempt status. Private
donations may sometimes be tax deductible.
A charity is a type of non-profit organization, and some foundations and
non-governmental organizations may also be nonprofit organizations.
A not for profit organization may have members as opposed to
shareholders.
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