Not-for-profit organization/Definition: Difference between revisions
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A [[nonprofit organization]]. Some users try (so far unsuccessfully) to establish a generally acceptable definition of this term that distinguishes it from the more conventional nonprofit organization. Most of these efforts rely on drawing a subtle distinction (not making a profit vs. not ''intending'' to make a profit). Most authorities regard this as a false dichotomy (since nonprofit organizations are constrained from ''distributing'' profits, not making them) or as a distinction without a difference. | A [[nonprofit organization]]. Some users try (so far unsuccessfully) to establish a generally acceptable definition of this term that distinguishes it from the more conventional nonprofit organization. Most of these efforts rely on drawing a subtle distinction (not making a profit vs. not ''intending'' to make a profit). Most authorities regard this as a false dichotomy (since nonprofit organizations are constrained from ''distributing'' profits, not making them) or as a distinction without a difference. | ||
Latest revision as of 23:44, 22 May 2008
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Not-for-profit organization [r]: A nonprofit organization. Some users try (so far unsuccessfully) to establish a generally acceptable definition of this term that distinguishes it from the more conventional nonprofit organization. Most of these efforts rely on drawing a subtle distinction (not making a profit vs. not intending to make a profit). Most authorities regard this as a false dichotomy (since nonprofit organizations are constrained from distributing profits, not making them) or as a distinction without a difference.