Definition

This term describes organizations or activities that do not aim to make money for owners or shareholders, but instead focus on serving a social cause or community benefit.

Example

The nonprofit organization helps provide food and shelter to those in need.

Conversation

Have you heard about the new nonprofit organization in town?

Yeah, I read they focus on helping the homeless.

That sounds amazing! I love when people support nonprofit causes.

Me too! It’s great to see the community come together for a good reason.

Synonyms & Antonyms

Root Explanation

Nonprofit → It is formed from "non-" (meaning not) and "profit" (from Old French *profit*, meaning benefit or gain). The word "nonprofit" describes an organization that does not operate for the purpose of making a profit or financial gain.

Memory Tip

Think of 'not' ('non-') making a 'gain' ('profit') — that's why a nonprofit organization focuses on benefits rather than profits.

Visually Confused Words