Non Profit Sector

Question 1

Non Profit Organization

Answer 1

an organization created and operated for public or societal purposes rather than private benifts

Question 2

NPO- Third Sector NGO

Answer 2

Include all the organization that neither fit in the public nor private sector
These organization institutionalize activism to deal with issues and problems that are being ignored by the public and private sectors

Question 3

Non Profit Organization Size

Answer 3

Range in size between large international organization to small local non corporated associations with people common interests, goals, and concerns.

Question 4

Characteristics of Non Profit Organiztions

Answer 4

Operate for public purposes rather than private purposes
Rely on voluntary action for most of its human and financial resources
Can realize profits from their own activities and programs
Such profits must be returned to the operations of the agency

Question 5

Two Faces of NPOs

Answer 5

Philanthropy: is to give money or sell to solve social problems ( An investment in the future)
Charity: it is relieving specific instances or suffering as an act of compassion.

Question 6

Governments and NPO

Answer 6

Governments are using NPOs
Services that have been usually performed by the government are turned to the non profit sector( to save money by getting rid of programs that aid social purposes)

Question 7

Non Profit and Market Failure

Answer 7

NPO fills the gaps by volunteers and charitable contributions

Question 8

Tax Exempt Point of views

Answer 8

1) Publicly supported charitable organizations that engage directly in religious, education, and social welfare programs
2) Private Foundations