Significance of Not-for-profit
In healthcare, a not-for-profit initiative operates differently. This status means that any excess revenue generated is reinvested directly back into the organization. The primary goal is to enhance the capacity for care and provide subsidized treatments. This approach is specifically designed to benefit individuals affected by the Human Immunodeficiency Virus.
Synonyms: Charitable, Non-profit, Voluntary, Philanthropic, Non-governmental organization, Ngo, Benevolent, Public service
The below excerpts are indicatory and do represent direct quotations or translations. It is your responsibility to fact check each reference.
The concept of Not-for-profit in scientific sources
Not-for-profit, in this context, describes an initiative's financial structure. It means that any extra income is reinvested to increase care and lower treatment costs for individuals affected by the Human Immunodeficiency Virus.
From: Sustainability Journal (MDPI)
(1) Not-for-profit organizations are entities that operate without the primary goal of generating profits, with a sample of these operating in Pakistan being examined.[1] (2) It is an organization that faces risk when encountering events, according to the Public Entity Risk Institute.[2]
From: South African Journal of HIV Medicine
(1) A status of an initiative where all surplus revenues are reinvested into expanding care capacity, and subsidizing treatment for the benefit of individuals impacted by the Human Immunodeficiency Virus.[3]