Not-for-profit organization/Definition

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Revision as of 16:08, 30 September 2007 by imported>Roger A. Lohmann (Minor cleanup)
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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.