Nonprofit Corporation as a Legal Structure
Nonprofit Corporation as a Legal Structure The nonprofit corporation stands as a unique and indispensable legal structure in modern societies. Distinguished from profit-driven enterprises, nonprofit corporations are established not for private gain but for the pursuit of public or mutual benefit. Rooted in legal traditions that prioritize public service and community welfare, this structure embodies both philosophical and practical responses to societal needs that fall outside the domain of governmental authority or market mechanisms. It Read more…