TOPIC ~ Non-Profit Organizations + Grants

Information

TOPIC ~ Non-Profit Organizations + Grants

A nonprofit organization (NPO, also known as a non-business entity) is an organization the purpose of which is something other than making a profit. A nonprofit organization is often dedicated to furthering a particular social cause or advocating for a particular point of view. In economic terms, a nonprofit organization uses its surplus revenues to further achieve its purpose or mission, rather than distributing its surplus income to the organization's shareholders (or equivalents) as profit or dividends. This is known as the distribution constraint. The decision to adopt a nonprofit legal structure is one that will often have taxation implications, particularly where the nonprofit seeks income tax exemption, charitable status and so on.

Website: https://en.wikipedia.org/wiki/Nonprofit_organization
Location: BUSINESS
Members: 1
Latest Activity: Aug 22, 2016

Discussion Forum

This group does not have any discussions yet.

Non-Profit Organizations + Grants News & Sources

Elon Musk offers $100M prize for best carbon-capture technology | Business Insider

In 2012, Musk signed the Giving Pledge, an initiative launched by Bill Gates and Warren Buffett that asks signatories to donate at least half of their wealth within their lifetime. He has primarily donated toward science and engineering education, renewable-energy research, pediatric research, and research into human space exploration. But an estimate by Forbes in September found that Musk had donated just $100 million — less than 1% of his net worth, which consists mostly of stock in his companies.

Pope Francis Calls for Ending Tax-Exempt Status of Churches That Don't Help the Needy | US Uncut

On the eve of his visit to the United States, Pope Francis blasted religious institutions who are exploiting tax loopholes to make money instead of helping the needy. In an interview with a Portuguese Catholic broadcaster, the Pope discussed the need for Christians to fight the temptation of the ‘God of money’, into which many religious institutions often fall. He then called out those institutions that have opted to enter into the hospitality industry while exploiting a legal loophole to keep from paying taxes on their business enterprise operating under the guise of doing “God’s work.”

Beyond capitalism: not-for-profit business ethos motivates sustainable behaviour | Guardian Sustainable Business | The Guardian

At the heart of the failing capitalist system is the “for-profit” ethic. Based on the myth that humans are mostly selfish and competitive, the for-profit ethic says the best way to incentivise innovation and facilitate economic activity is to appeal to people’s self-interest. This manifests in the for-profit business model, central to the current economy, where owners and investors go into business expecting a portion of a company’s profits in the form of dividends, options or shares. In essence, capitalism ensures that we live in a for-profit world. This way of conducting business has led to socioeconomic inequality, with capital gains and company dividends the largest contributor to income divides. What else could we expect when private profit is seen as the driver of economic activity and profit maximisation is the priority of most big businesses?

Center for the Advancement of the Steady State Economy

Perpetual economic growth is neither possible nor desirable. Growth, especially in wealthy nations, is already causing more problems than it solves.

Comment Wall

Comment

You need to be a member of TOPIC ~ Non-Profit Organizations + Grants to add comments!

 
 
 

Yoga News

Cheryl Walters | Lotus Bloom Yoga

Cheryl Walters has been teaching and sharing the gifts of yoga since 2001. She is a Yoga Therapist, certified by the International Association of Yoga Therapists and has been the director and lead instructor for Yoga Intensive Studies Programs and Yoga teacher training for Yoga Alliance locally for over 13 years. She has trained over 100 yoga students to become yoga teachers and continues to mentor yoga teachers and yoga students Worldwide.

Anusara School of Hatha Yoga

501(c)(3) Non-profit CorporationAnusara School of Hatha Yoga

© 2022   Created by Yoga Source Center.   Powered by

Badges  |  Report an Issue  |  Terms of Service