What is a non -profit organization?

The non -profit organization is an organization that is running for another ideal or goal than in the interest of profit. Many non -profit organizations serve the public interest, but some are engaged in the activities of the private sector and non -profit organizations run a gamut from political think tanks for environmental defense organizations. In many countries, non -profit organizations are treated differently than other companies by law and may have the status exempt from tax and other special treatment that is designed to support the creation of non -profit organizations because most governments recognize that they are beneficial. In all cases, the defining characteristic of the non -profit organization is that its primary goal is not profit. In fact, many non -profit organizations make a profit, although profit is referred to as "excess" and the Fonds must be used for further objectives of the organization rather than distribute between highly evaluating members of the organization. Non -profit foundations are specifically in business provision of money underPore ​​other non -profit organizations: Bill and Melinda Gates, for example, pay grants to charity organizations that support its causes.

Many non -profit organizations choose important social causes such as education, health care, art and the environment, and can have a number of forms, from organizations that send doctors to developing countries to radio stations. In many cases, the non -profit organization relies strongly on the support of unpaid volunteers who to drive on the matter that the champions organization.

In the non -profit sector, there is plenty of space for abuse, as evidenced by the compensatory packages for the directors of some known non -profit organizations. To protect the integrity of non -profit values, non -profit organizations are obliged to submit support paperwork to protect their condition and may be subject to audits and other investigative measures. Some non -profit organizationsThey hold the boards to monitor their activities, keep their intentions clean.