Nonprofit
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British pronunciation/nˌɒnpɹˈɒfɪt/
American pronunciation/nɑnˈpɹɑfət/

Definition & Meaning of "nonprofit"

Nonprofit
01

an organization chartered for other than profit-making activities

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nonprofit
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(of an organization, activity, etc.) operating without the goal of generating any financial benefits

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Example
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Organizations frequently partner with nonprofits to support community initiatives.
Governments, nonprofits, and community groups collaborate to develop and implement effective social service initiatives tailored to meet the unique needs of diverse populations.
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Definition & Meaning of "Nonprofit"

Definition & Meaning of "Nonprofit"
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