View source for CORPORATION, NONPROFIT

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== Definitions ==

a [[CORPORATION|corporation]] which does not seek to make a [[PROFIT|profit]] for profit's sake and whose owners do not [[BENEFIT|benefit]] from or [[SHARE|share]] in any profits made. A [[NONPROFIT_CORPORATION|nonprofit corporation]] would be one formed to benefit its patrons or serve society; such as a church, school, or charitable [[ORGANIZATION|organization]].