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I thought being a non-profit meant you had goals that weren't profit; there are non-profits with billion dollar endowments that presumably have leftover cash on

I thought being a non-profit meant you had goals that weren't profit; there are non-profits with billion dollar endowments that presumably have leftover cash on their balance sheet...

grenoire 7y ago
That's the distinction between not-for-profit and non-profit. They are quite different on both legal and operational standpoints.[0] [0] https://en.wikipedia.org/wiki/Nonprofit_organization#Nonprofit_vs._not-for-profit https://en.wikipedia.org/wiki/Nonprofit_organization#Nonprof...