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    lochoang's Avatar
    lochoang Posts: 7, Reputation: 1
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    #1

    Dec 10, 2004, 01:28 AM
    Non-profit and not-for-profit
    Hi:

    What is the difference between non-profit and not-for-profit organizations?
    gummibean's Avatar
    gummibean Posts: 3, Reputation: 1
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    #2

    Mar 8, 2007, 10:48 AM
    As I know of they are the same. It's just depends on what lingo everyone's used to.

    A non profit exists as an organization that is not for profit. It does make an excess or a surplus that would in the for profit would be considered a profit but that goes towards employees' salaries and then gets re-invested into the company. So there aren't any million dollar bonuses like Goldman Sachs :p
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