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The New DU. Reply #2: for-profit vs. not-for-profit
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rbnyc
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Fri May-20-11 08:30 AM
Response to Reply #1 |
| 2. for-profit vs. not-for-profit |
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This is kind of a tangential comment, but your reply calls attention to a common misunderstanding about not-for-profit.
Not-for-profit doesn't mean that the organization isn't expected to make a profit. It means that profits are re-invested in community programs or otherwise benefit stakeholders as opposed to shareholders.
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