Yes, well, are we going to get technical about what a
"profit" is? In for profit corporations, excesses of revenue
over expenses are either distributed to
principals/shareholders, or held in an owner's equity
account (which may in turn be used to generate cash from
banks, investors, and the like.)
Not-for-profits hold any excess of revenue over expenses in
fund balances. These must, legally, be delineated as to
their source and potential use. They may be called
"unrestricted", but that only means that they can be used
for any purpose for which the NFP is chartered.
Now this may seem a bit far from the original point of cui
bono from advertising/info on the NET. However, it is
directly to the point. In the first instance, a for profit
corporation advertises for the benefit of an individual or
group of individuals, and their financial gain. In the
second instance, Not For Profits advertise (and we all do
have advertising and marketing budgets) to further the
chartered aims of the institution.
These chartered aims are given not for profit status
specifically because no one who is investing money for
profit will invest in museums, universities, libraries,
research institutions, and the like.
Whewww, got that off my chest.
Eric Siegel
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