Nature and Goals
Some NPOs may also be a charity or service organization; they may be organized as a not-for-profit corporation or as a trust, a cooperative, or they exist informally. A very similar type of organization termed a supporting organization operates like a foundation, but they are more complicated to administer, hold more favorable tax status and are restricted in the public charities they support.
Read more about this topic: Nonprofit Organization
Famous quotes containing the words nature and/or goals:
“We all end up living secret lives. We create what we are willing to admire and admiring what we shouldnt confess to the secret of our own sin, our own insufficiency, our own sadness. We all end up taking our secrets into the world and handing them over to strangers, only to realize its often too late to claim them back. The very nature of time passing is sad beyond words. Memories mean theyre gone.”
—Alexander Theroux (b. 1940)
“Whoever sincerely believes that elevated and distant goals are as little use to man as a cow, that all of our problems come from such goals, is left to eat, drink, sleep, or, when he gets sick of that, to run up to a chest and smash his forehead on its corner.”
—Anton Pavlovich Chekhov (18601904)