Not-for-profit organization/Definition

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Revision as of 16:05, 30 September 2007 by imported>Roger A. Lohmann (Add def.)
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A nonprofit organization. Many authorities have tried (so far unsuccessfully) to establish a generally acceptable definition of this term that distinguishes it from the preferred nonprofit organization. Most efforts rely on drawing a subtle distinction (not making a profit vs. not intending to make a profit), which most authorities regard as a distinction without a difference.