nonprofitmaking
Nonprofitmaking refers to the operational and ethical principle by which nonprofit organizations function. Unlike for-profit businesses whose primary objective is to generate profit for owners or shareholders, nonprofit organizations are established for a specific public benefit or charitable purpose. Their aim is not to accumulate financial gains for individuals.
Any surplus revenue generated by a nonprofit, often referred to as "profit," must be reinvested back into
The legal and regulatory frameworks surrounding nonprofit organizations ensure this distinction. Governments grant tax-exempt status to