not-for-profit
not-for-profit
Definition
not·-for-profit (nät′fər präf′it)
adjective
not-for-profit Finance Definition
An
organization that exists to fulfill a charitable, educational, or humanitarian
purpose instead of making a profit. These organizations are exempt from paying
sales and income tax, unless they undertake profit-making activities that are
extensive enough to risk their tax-free status. Donations to not-for-profit
corporations are tax deductible for the donor. Also called nonprofit.
not-for-profit
Usage Examples
Modifies a noun
- organization: Anchor Staying Put is a not-for-profit organization, part of Anchor Trust.
- organization: Other lawyers work for not-for-profit organizations or disadvantaged people, usually being paid with legal aid monies.
- sector: Working in the not-for-profit sector II: case studies.
- consortium: The BBC says the lead co-ordinator is Digital UK, a not-for-profit consortium of public- sector broadcasters ( including the BBC ).
- corporation: American Institute of Physics The American Institute of Physics ( AIP ) is a not-for-profit membership corporation.
- association: Freedom From Fear - Freedom From Fear is a national not-for-profit mental health advocacy association.
Modifying Another Word
- mainly: We believe it should remain a mainly not-for-profit entity and do not support its privatization.
- strictly: The gradual growth and refinement of the collection has been a strictly not-for-profit enterprise.
Used with adjective complement
- include: The broadening of marketing to include not-for-profit, services, good causes ( charities ) and even politics.
Browse dictionary entries near not-for-profit
- not especially
- not entirely
- not completely
- not at all
- not always
- not a little
- not
- Nosy Parker
- nosy
- nostrum
- not guilty
- not less than
- not particularly
- not-
- not really
- not usually
- not with it
- nota
- nota bene
- notabilia
