Ground-Up Governance

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23. Not-for-Profit (definition)

groundupgovernance.substack.com

23. Not-for-Profit (definition)

Matt Fullbrook
Nov 16, 2022
2
Share this post

23. Not-for-Profit (definition)

groundupgovernance.substack.com

A whole lot of corporations belong to a whole ‘nother sector that we’ll call “not-for-profit” because (surprise!) the corporations in that sector exist for other reasons than to make a profit. Now let’s be clear: not-for-profit corporations can’t just go around *losing* money all the time or else they would, well, die. They still have things like

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