Nonprofit - Meaning, Definition & English Examples
Definition:
An organization that uses surplus revenues for its mission rather than distributing profits to owners or shareholders.
Synonyms:
charitable, not-for-profit, NGO, philanthropic
Part of Speech:
noun, adjective
Antonyms:
for-profit, commercial, business
Common Collocations:
nonprofit organization, nonprofit sector, nonprofit work, nonprofit leader
Derivatives:
nonprofits, nonprofit’s
Usage Tips:
Use "nonprofit" as a noun or adjective to describe organizations focused on social good rather than profit.
Common Phrases:
run a nonprofit, start a nonprofit, support a nonprofit
Etymology:
Derived from "non-" (not) + "profit," first used in the early 20th century to describe mission-driven organizations.
Examples:
- 1. She volunteers at a local nonprofit every weekend.
- 2. The nonprofit provides free meals to homeless people in the city.
- 3. They donated money to a wildlife conservation nonprofit.
- 4. Running a nonprofit requires dedication and strong leadership skills.