not for profit Flashcards

1
Q

what is meant by the term not for profit

A

type of organisation that does not earn profits for its owners

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2
Q

what happens with the money in a not for profit

A

used in pursuing the organisations objectives

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3
Q

what is a social enterprise

A

formed to provide help within a society, may also be established in an attempt to raise awareness of, or provide a solution to, society’s problems

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4
Q

what do charities focus on doing

A

minimising costs and organising activities to maximise donations

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5
Q

give 5 causes that charities support

A

-the prevention of relief and poverty, the advancement of human rights, equity and diversity, education, religion and environmental issues

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