0 not established to make a profit:
nonprofit organizations
1 an organization whose most important goal is something that does not involve making a profit:
2 not aiming to make a profit, but working to help people or to achieve an improvement in something:
a nonprofit agency/corporation/organization It is now a world-wide non-profit organisation whose mission is to help business become sustainable.
a nonprofit program/research This is a nonprofit program that encourages disadvantaged students to stay in school.
3 an organization that does not aim to make a profit, but works to help people or to achieve an improvement in something:
Donations are tax-deductible because it is a federally approved nonprofit.
Most nonprofit hospitals are similar to for-profits in providing care to under-insured and charity cases, with the bulk of the burden borne by public hospitals.
The nonprofits and newly transformed for-profits with oversight would share patents with each other.
With such cooperative, public support, the model for nonprofits in the pharmaceutical industry can grow.
Although private, they all function in a nonprofit setting since all reimbursement of health care is centrally regulated.
The nonprofits would be funded via foundations, taxes, and some modest revenue from the sales of their drugs.
Torrents of constituent mail flowed into their offices, and businesses, nonprofits, and civic organizations lobbied for passage of the crime bill.
They are either nonprofit or modestly profitable (and in return they will be protected from the upturns and downturns of the competitive marketplace).
The primary focus on profit maximization, however, overlooks many nonprofit objectives involved in resource allocation and social preferences beyond greed.
