Definition of ‘non-profit’, ‘not for profit organisation’, ‘charity’ etc

(Updated) In our discussions with those thinking about establishing a not-for-profit organization, it is apparent that there is still a lot of confusion about the terms ‘non-profit’, ‘not for profit’ etc. The various terms are used imprecisely and interchangeably, though the term ‘Registered Charity’ is used to refer to an organisation Read more…