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dannypgh
2555 days ago
I thought being a non-profit meant you had goals that weren't profit; there are non-profits with billion dollar endowments that presumably have leftover cash on their balance sheet...
1 comments
grenoire
2555 days ago
That's the distinction between not-for-profit and non-profit. They are quite different on both legal and operational standpoints.[0]
[0]
https://en.wikipedia.org/wiki/Nonprofit_organization#Nonprof...
link
[0] https://en.wikipedia.org/wiki/Nonprofit_organization#Nonprof...