Not-for-profit
(
adjective
,
noun
)
(As an adjective)
Not-for-profit ( adjective )
An organization that is not set up to make a profit, but rather to serve a specific social or community goal.
Origin:
This phrase is formed by combining "not" and "for profit", which means to make a profit or gain financial benefit. it is used to describe organizations that are not organized for the purpose of making a profit.
Examples:
- The local community center is a not-for-profit organization.
- Not-for-profit organizations often rely on donations and grants to fund their activities.
- I volunteer at a not-for-profit organization that provides free meals to the homeless.
- He's a member of not-for-profit organization that focuses on promoting sustainable living.
- The not-for-profit sector is an essential part of our society, providing services that government and for-profit organizations often cannot or will not provide.
(As a noun)
Not-for-profit ( noun )
An organization that is not set up to make a profit, but rather to serve a specific social or community goal.
Origin:
This phrase is formed by combining "not" and "for profit", which means to make a profit or gain financial benefit. it is used to describe organizations that are not organized for the purpose of making a profit.
Examples:
- The local community center is a not-for-profit organization.
- Not-for-profit organizations often rely on donations and grants to fund their activities.
- I volunteer at a not-for-profit organization that provides free meals to the homeless.
- He's a member of not-for-profit organization that focuses on promoting sustainable living.
- The not-for-profit sector is an essential part of our society, providing services that government and for-profit organizations often cannot or will not provide.