mittetulunduslikele

The term "mittetulunduslikele" is an Estonian word that translates to "non-profit" in English. It refers to organizations or entities that are established for purposes other than generating profit for their owners or members. Instead, their primary objectives are typically social, charitable, educational, cultural, scientific, or for the public good. Any surplus revenue generated by these organizations is reinvested back into the organization's mission rather than being distributed as dividends.

In Estonia, as in many other countries, non-profit organizations operate under specific legal frameworks that define their structure, governance, and tax status. These entities often rely on donations, grants, membership fees, and sometimes earned income from activities that support their mission. They play a crucial role in various sectors of society, addressing needs that may not be adequately met by government or for-profit businesses. Common examples include foundations, associations, and societies. The designation "mittetulunduslikele" signifies a commitment to public service and shared goals over financial gain.