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"Non-profit" doesn't mean that profit isn't the primary motive. It just means you can't show any profit, or return it to shareholders, as in a corporation. In
by magduf 7y ago
"Non-profit" doesn't mean that profit isn't the primary motive. It just means you can't show any profit, or return it to shareholders, as in a corporation.
Instead, you do things like giving the University President an absurdly enormous salary, plus put him up in a lavish mansion, or go on a construction spree, building more and more very expensive buildings and stadiums, or give a 7-figure salary to the football coach.
- deleted 7y ago[deleted]
- mcguire 7y agoOne of my fondest memories from school was the biennial renovations of the dean of natural sciences' offices.