nonprofit organization

noun

Meaning

An entity established for public or social benefit rather than to generate financial gain for its members or shareholders.

Examples

The local animal shelter operates as a nonprofit organization that relies heavily on community donations.
Many foundations are structured as a nonprofit organization to ensure their funds remain dedicated to educational research.

Synonyms: charity, not-for-profit, NGO, voluntary organization

Learn English that separates you from the crowd with Anaversity: private classes, Ani practice, Campus tools, and a public English-learning community.

nonprofit organization

noun

Pronunciation: ˌnɒnˈprɒfɪt ˌɔːɡənaɪˈzeɪʃən

Definition

An entity established for public or social benefit rather than to generate financial gain for its members or shareholders.

Examples

The local animal shelter operates as a nonprofit organization that relies heavily on community donations.
Many foundations are structured as a nonprofit organization to ensure their funds remain dedicated to educational research.

Synonyms of nonprofit organization

Words with a similar meaning to nonprofit organization:

Antonyms of nonprofit organization

Words with the opposite meaning to nonprofit organization:

Browse the full Anaversity dictionary