nonprofit
UK: nɒnˈprɒfɪt | US: nɑːnˈprɑːfɪt
adj. not established for the purpose of making a profit
n. an organization that operates without the primary goal of earning profit
The word "nonprofit" combines the prefix "non-" (from Latin "non," meaning "not") with the noun "profit" (from Latin "proficere," meaning "to make progress or gain"). The term emerged in the early 20th century to describe organizations that prioritize social, educational, or charitable missions over financial returns. The logical pairing of "non-" and "profit" directly conveys the absence of profit-seeking motives.
She works for a nonprofit dedicated to environmental conservation.
Donations to nonprofit organizations are often tax-deductible.
The nonprofit sector plays a vital role in addressing community needs.
Their nonprofit status allows them to receive grants and funding.
Many artists collaborate with nonprofits to promote cultural initiatives.