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[–] 19 points 1 month ago

Not-for-profit is still a corporation, and the distinction simply means that they need to reinvest profits back into the company. A for-profit company can sit on massive amounts of stockpiled wealth, while a not-for-profit needs to find ways to reinvest that back into the company. To be clear, they can still sit on a lot of money. But all of their money needs to be earmarked for something, instead of just being a rainy day fund.

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