8 ms·

What’s your view on the “not-for-profit” structure, I wonder?

• zigzaggy 8y ago
  Most of the time I see “nonprofit” and “not for profit” being used interchangeably. Profit, or “fee” in the government contracting world, is almost always being earned. It’s a question of purpose. Theoretically nonprofits focus on some other purpose first (but not exclusively). “For profits” businesses have the primary purpose of making profits. That’s the theory. In application, lots of nonprofits are loaded with business people trying to make money under the tax shelter of that tax status.