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Definitions from the Web

not-for-profit

Definition:

Not-for-profit refers to organizations or institutions that are not primarily focused on making a profit. These entities typically exist to fulfill a social or charitable purpose rather than for financial gain.

Examples:

As a noun:

1. The local library is a not-for-profit organization that relies on community support.
2. The foundation works as a not-for-profit to provide educational resources to disadvantaged children.

As an adjective:

1. The not-for-profit sector plays a crucial role in addressing social issues.
2. They organized a not-for-profit event to raise funds for the homeless shelter.

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