non-profit purpose definition
non-profit purpose means a charitable, religious, cultural, educational, political, social, fraternal purpose or any other type of welfare activity intended to benefit the public or a section of the public;
non-profit purpose means that, regardless of whether the association’s activities are of an economic nature or not, any profits generated are used only in pursuit of the objectives of the ECBA as defined in its statutes and not to be distributed among its members, including members of its governing bodies, nor among founders or other private parties, in a direct or indirect manner; [Am. 44]
non-profit purpose means that, regardless of whether the association’s activities are of an economic nature or not, any profits generated are used only in pursuit of the objectives of the ECBA as defined in its statutes and not to be distributed among its members;
More Definitions of non-profit purpose
non-profit purpose means any non-commercial activity or research that is undertaken solely in furtherance of one’s duties as part of the non-profit organization purposes narrowly interpreted.
non-profit purpose means a charitable, benevolent, philanthropic, religious, provident, humane, health, scientific, cultural, artistic, literary, social, educational, agricultural, recreational, sporting or other purpose except profit.