Nonprofit: meaning, definitions and examples

General term for organizations that operate without the goal of making a profit, often used in a variety of sectors including education, healthcare, and the arts.

• She works for a nonprofit that helps homeless people find jobs.
• The nonprofit organization received a grant to develop new community programs.

Specifically refers to organizations that provide aid or support to the needy and are often funded by donations from the public.

• The charity organized a fundraiser to support local food banks.
• He contributes a portion of his salary to a children's charity every month.

Stands for Non-Governmental Organization, often used to describe organizations that operate independently of government, usually involved in social, environmental, or political causes.

• The NGO works to improve access to clean water in rural areas.
• Many NGOs participated in the conference on climate change.

Similar to 'nonprofit,' but often used in financial or legal contexts to describe organizations that reinvest any surplus funds back into their mission.

• The not-for-profit organization offers educational programs for underprivileged children.
• Unlike for-profit companies, not-for-profits do not distribute profits to shareholders.

Use this term to describe organizations that do not operate for profit and usually reinvest surplus revenues to further their goals. This term is common in legal and organizational contexts.

• She works for a nonprofit organization that assists homeless families.
• The nonprofit sector plays a crucial role in community development.

This word is often used to describe organizations, actions, or individuals that aim to help those in need. It emphasizes the moral and altruistic aspects.

• They made a charitable donation to the local food bank.
• The company is known for its charitable activities, especially in education.

Primarily used to describe actions or organizations involved in promoting the welfare of others, often through financial donations. This term is more sophisticated and formal.

• His philanthropic efforts have significantly improved education in rural areas.
• The foundation supports many philanthropic initiatives around the world.

Best used to describe actions done by choice without compensation, or organizations that rely on volunteers.

• She decided to take a voluntary position at the animal shelter.
• Voluntary organizations often play a vital role during natural disasters.