Not For Profit Objective

From Open Risk Manual

Definition

Not For Profit Objective. An objective that reflects the charitable, educational, religious, humanitarian, public services, or other not for profit goals of an organization

The objective of all business activities is not to earn profits for its owners. All of the money earned by or donated to a not for profit organization is used in pursuing the organization's objectives.

Synonyms

  • Nonprofit Objective

See Also


Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.