nonprofit

Not seeking to produce a profit (a financial gain).

Here in New York, plush rehabilitation centers literally canvass for big-paying clients whose insurance will cover the average $11,000 to $14,000 cost for a month's treatment. Meanwhile, there are only 12,000 non-profit treatment beds in the state for a conservatively estimated 350,000 addicts.

The site's infrastructure (but not its content) is now run by the nonprofit Wikimedia Foundation (WMF), which will be described in depth in Chapter 17.

Ellipsis of nonprofit organization (“an organization that exists for reasons other than to make a profit, such as a charitable, educational or service organization”).

Historically, companies have viewed nonprofits primarily as recipients of their philanthropy – usually in the form of cash and product donations, as well as employee volunteers, in exchange for a boost to their reputations or stronger relationships with local stakeholders.

The people who made millions or billions from these companies are now changing yet another sector of the American economy: philanthropy. They’re forcing nonprofits to become incubators and disruptors, rather than just service providers, and to think about how they sell themselves, how they measure what they do, and what programs will attract money.