4 ms·
NGO or non-profit doesn't mean they took a vow of poverty. It means the corporation does not distribute profits to shareholders (and may be exempt of some incom
by smsm42 6y ago
NGO or non-profit doesn't mean they took a vow of poverty. It means the corporation does not distribute profits to shareholders (and may be exempt of some income taxes). It still can be loaded with money, and many NGOs are.