Definitions from the Web
Term: not-for-profits
Definition: Not-for-profits refer to organizations that are not primarily driven by profit-making and aim to serve a social or public welfare purpose. These organizations often rely on donations, grants, and volunteers to carry out their activities.
Sense 1 (Noun): Not-for-profits are entities that operate with the primary goal of benefiting the community or a specific cause rather than generating profits for shareholders. They can include charities, foundations, and non-governmental organizations (NGOs).
Example sentence 1: Many not-for-profits focus on providing education and healthcare services to underprivileged communities.
Example sentence 2: I volunteered at a not-for-profit organization that helps rescue and rehabilitate stray animals.
Sense 2 (Adjective): When used as an adjective, not-for-profits describe businesses or ventures that are operated for nonprofit purposes.
Example sentence 3: The company organized a not-for-profit event to raise awareness about environmental sustainability.
Example sentence 4: Our bookstore is a not-for-profit initiative aimed at promoting literacy among disadvantaged children.
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