Definition of «nonprofit sector»

The nonprofit sector refers to organizations that are not established for making a profit. These organizations operate with the primary goal of serving their beneficiaries or fulfilling a specific mission, rather than generating revenue for shareholders or owners. The nonprofit sector includes a wide range of entities such as charities, foundations, educational institutions, and cultural organizations, among others. They rely on fundraising, grants, donations, and other forms of support to carry out their activities and achieve their objectives.

Phrases with «nonprofit sector»

Sentences with «nonprofit sector»

  • I have held a variety of jobs in corporate and nonprofit sectors with one thread that has continued to develop over the years, writing. (idealistcareers.org)
  • A balance of nonprofit sector promising practices, public expectations, and legal / regulatory requirements, the standards represent the shared expectations between donors and nonprofits. (thefamilypartnership.org)
  • Those that are eligible must not only have a medical degree, but they must serve in the public or nonprofit sector where medical care is hard to come by. (lendedu.com)
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