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A not-for-profit or non-for-profit organization (NFPO) is a legal entity that does not distribute surplus funds to its members and is formed to fulfill specific objectives. [ 1 ] [ 2 ] While not-for-profit organizations and non-profit organizations (NPO) are distinct legal entities, the terms are sometimes used interchangeably. [ 3 ]
The process for running a board, sometimes called the board process, includes the selection of board members, the setting of clear board objectives, the dissemination of documents or board package to the board members, the collaborative creation of an agenda for the meeting, the creation and follow-up of assigned action items, and the ...
Between 2006 and 2010, Wyss contributed $2.5 million to retire oil and gas leases that covered 110,000 acres of public land around the Rocky Mountain Front.In 2008, the foundation donated $12.5 million to The Nature Conservancy, [9] and during 2009–2010, an additional $35 million in support of The Nature Conservancy's "Montana Legacy Project" to preserve 310,000 acres of timberland.
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Logo of the United Nations Children's Fund (UNICEF), an organization of the United Nations. A nonprofit organization (NPO), also known as a nonbusiness entity, [1] nonprofit institution, [2] or simply a nonprofit, [a] is a legal entity organized and operated for a collective, public or social benefit, as opposed to an entity that operates as a business aiming to generate a profit for its owners.
In a non-profit corporation, the "agency problem" is even more difficult than in the for-profit sector, because the management of a non-profit is not even theoretically subject to removal by the charitable beneficiaries. The board of directors of most charities is self-perpetuating, with new members chosen by vote of the existing members.
As Antony Bugg-Levine, the CEO of the Nonprofit Finance Fund, told me, the hard part about social change “is that it doesn’t scale like a social network.” I’ve spent the last few months talking to more than 40 researchers, development practitioners, foundation employees and other Silicon Valley philanthropists, asking them about the ...
a $2.5 million easement agreement that the board previously approved. It should be noted when .;-" the action item to approve the $2.5 million easement agreement was before the board on March 6, 2008 Commissioner Ling voted no and Commissioner Janis abstained however the allocation was approved and the CRA staffmoved forward.
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