BNET Business Dictionary
Business Definition for: Nonprofit Organization
- an organization that does not have financial profit as a main strategic objective. Nonprofit organizations include charities, professional associations, labor unions, and religious, arts, community, research, and campaigning bodies. These organizations are not situated in either the public or private sectors, but in what has been called the third sector. Many have paid staff and working capital but, according to Peter Drucker, their fundamental purpose is not to provide a product or service, but to change people. They are led by values rather than financial commitments to shareholders.
Additional Resources
- Setting Up a Nonprofit Organization
- A nonprofit organization, or tax-exempt business, does not distribute any profits to its owners, just as its name suggests. All money left after expenses is put back into the business or used for charitable purposes in the community. Nonprofits, as these organizations are typically called, include most charities and also...
- Articles 2007-07-16
- Fundraiser - Nonprofit Organization
- The Fundraiser - Nonprofit Organization Specialist job description template includes the following job summary: To assist controller of nonprofit organization in raising money for the organization by participating in fund-raising drives and by preparing grant proposals for specific projects that meet parameters for funds from private foundations, the United Way,...
- Tools & templates 2007-09-09
- Gendered Emotion Management and Perceptions of Affective Culture in a Military Nonprofit Organization
- AbstractThis paper explores the emotion work conducted by men and women in a nonprofit organization and their perceptions of the feeling rules in the organization. The study found that qualitative differences showing that women performed more emotion work than men were supported by a quantitative survey that measured perceptions of...
- Research articles 2006-07-01
- Exec. director of MIDAS, nonprofit organization, resigns
- Mike Lofton has stepped down after four years as executive director of MIDAS, a nonprofit organization of Maryland economic development professionals. He will be replaced by Pam Ruff, an associate executive director who has worked side by side with Lofton for most of that time.
- Research articles 2003-08-05
- Online classes for K-12 teachers are available via a partnership between the Institute of Computer Technology of Sunnyvale, Calif., and eCollege.com. A nonprofit organization founded in 1982, ICT offers 11 university-accredited online courses in instructi
- Online classes for K-12 teachers are available via a partnership between the Institute of Computer Technology of Sunnyvale, Calif., and eCollege.com. A nonprofit organization founded in 1982, ICT offers 11 university-accredited online courses in instructional technology for K-12 teachers. The courses, which may be taken individually...
- Research articles 2001-12-01
- Nonprofit Organization Aims to Sell Prison Inmates' Products to Latin America.(Originated from The Miami Herald)
- Mar. 28--Miami is known for international trade, and for its criminals. A new venture near the Miami International Airport marries the two -- in a unique venture that supporters hope will improve both. It's selling goods made by Florida prison inmates to Latin American buyers. ...
- Research articles 1996-03-28
- William D. Lynch has been honored as the 2003 Nice Guy of the Year from the Nice Guys, a nonprofit organization
- William D. Lynch has been honored as the 2003 Nice Guy of the Year from the Nice Guys, a nonprofit organization. Lynch is chairman of the board of the William D. Lynch Foundation for Children. Congressman Bob Filner has honored Gil Ungab as a Crimefighter of the Month for September....
- Research articles 2003-10-13
- C-SPAN will spend $2 million in national and local ad campaign to mark network's 20th anniversary and remind viewers that nonprofit organization is creation of cable industry
- C-SPAN will spend $2 million in national and local ad campaign to mark network's 20th anniversary and remind viewers that nonprofit organization is creation of cable industry, it said. Spokesman said cable operators also will be encouraged to run spots in 1999. Campaign comes during FCC rulemaking...
- Research articles 1998-12-28
- How To Write A Nonprofit Financial Picture Statement
- Managing a nonprofit organization with integrity and responsibility requires a hard look at the donations coming in and the expenditures going out. Having a nonprofit financial picture to show your board and possibly your donors shows exactly how you are practicing good management in your organization and helps you know...
- White papers 2009-01-01
- Nonprofit Branding: Unveiling the Essentials
- An organization's greatest asset is its brand, yet so little time, energy, and care is devoted to this process and generally relegated to a lower level functionary. In my research, the daily efforts and thin resources a nonprofit endures yields little time for reflection. During my thesis interviews with top...
- White papers
- A powerful new tool for the IRS. (penalty taxes on nonprofit organizations)(includes related article on provisions of law)
- A new law that imposes intermediate sanctions on certain activities of nonprofit organization members has been signed into law by Pres. Clinton on Jul. 30, 1996. This new law seeks to prevent financial abuses and is imposed on individuals and not on the nA new law that imposes intermediate sanctions...
- Research articles 1996-10-01
- Nonprofit key members' use of apartment.
- The Service has increased enforcement against nonprofit organizations, particularly charities. In fact, a large portion of the Pension Protection Act of 2006 contained rules for charities. Thus, what are the ramifications of the following situation? Facts A large nonprofit organization's chief...
- Research articles 2006-11-01
- SCORE Helps Nonprofit Meet The Needs Of Individuals With ALS
- Sylvia Kressen and a few volunteers whom she had recruited tried to establish a Northwest Arkansas ALS chapter. The legal requirements of incorporating, generating fiscal procedures and creating a nonprofit organization were overwhelming. While Sylvia had good business experience, she had no experience with nonprofits. Sylvia turned to Northwest Arkansas...
- Case studies
- Searching and discovering the best in nonprofit management: learn about what it takes to be recognized as a well-managed nonprofit organization as the Washington Council of Agencies shares five excellence-award winning stories
- Amid increased awareness, growing scrutiny, and a scandal or two, the Washington area nonprofit sector has shining examples of outstanding nonprofit management. The search and discovery is done annually through the Washington Post Award for Excellence in Nonprofit Management, a project of the Washington Council of Agencies WCA. The...
- Research articles 2003-09-22
- Delaware Valley Nonprofit Executives Join Together for Group Problem-Solving
- PHILADELPHIA -- Anyone running a nonprofit organization is likely to face challenges of budget shortfalls, staffing problems, board inadequacies, time constraints, and other stressful demands. The Nonprofit Center at La Salle University is now organizing a series of problem-solving groups to enable nonprofit executive directors to meet regularly with peers...
- Research articles 2008-10-01
- Planning Materiality in Audits of Nonprofit Organizations
- This article is about the assessment of materiality in planning and completing an audit of a nonprofit organization is inherently difficult. The for-profit world's rules of thumb for materiality thresholds, such as calculating a percentage of net income, do not easily apply to charitable organizations. Instead, auditors apply various percentages...
- White papers 2003-01-01
- Deltek Secures Contract with Pacific Institute for Research and Evaluation; Nonprofit Research Organization Selects Deltek Enterprise to Manage Project-Based Needs
- HERNDON, Va. -- Deltek, the enterprise resource planning ERP vendor of choice for project-based businesses, announced today that independent nonprofit organization, Pacific Institute for Research and Evaluation has purchased the Deltek EnterpriseTM suite to manage its financial and project accounting, timekeeping and employee expense, business performance management BPM and business...
- Research articles 2005-05-23
- Bridgeport, Conn.-Area Nonprofit Wants to Lead Effort Targeting Federal Funds.
- By Pam Dawkins, Connecticut Post, Bridgeport Knight Ridder/Tribune Business News Dec. 14--BRIDGEPORT, Conn.--The Workplace Inc. wants to help area nonprofit groups get part of an estimated $50 billion in federal grants available through the Centers for Faith-based and Community Initiatives. ...
- Research articles 2002-12-14
- Southeastern Washington technology nonprofit group receives $250,000.
- By Jeff St. John, Tri-City Herald, Kennewick, Wash. Knight Ridder/Tribune Business News Sep. 25--A federally funded nonprofit organization founded last year to expand broadband Internet access and affordability in the Tri-Cities is getting another shot in the arm, though not as big...
- Research articles 2004-09-25
- Boulder, Colo., to Hold Business - Nonprofit Conference.(Originated from Daily Camera, Boulder, Colo.)
- Apr. 14--The first Community Ventures forum to help Boulder County businesses and nonprofit organizations work together will be held May 5 and 6 at the Angel Pines Country Club in Boulder. "The goal of this forum is to inspire businesses to find...
- Research articles 1997-04-14
