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Wednesday, October 2, 2013

Non-profit world and its evolving role…


Most of the time, people think that building a non-profit organization is a waste of time and money, as nothing can be gained from those type of organizations. Yet, in the 21st century, non-profit organizations have grown up high and proved its evolving role in this era.

Non-profit organization according to nonprofit.pro, is a tax-exempt organization that serves public interest. The purpose must be charitable, educational, scientific, religious or literary. These organizations get their income to generate from the public. In a legal manner, non-profit organization does not declare profit, but utilizes as revenue in service to public interest.

Non-profit organizations such as schools and hospitals play a very important role for the citizens, especially for those who are in need. These types of organization are built nowadays, especially in Indonesia as part of CSR (Corporate Social Responsibilities). The owners usually are the ones with high incomes in their personal ventures or from the place where they work, and non-profit organization is just part of their “donation” to the society. Being well known for their good name is the “profit” from this process, as in here, non-monetary is achieved.

Non-profits usually bring about a new change in the society, as they strive towards making a change for better. At some organizations, they even help in tackling social problems with innovative ideas, or even up to strengthening the society by providing non-monetary aid.


With the benefits that non-profit organization can provide, the evolving role of this organization has gone higher lately, and changing the definition of the need of everlasting monetary profit for life.


For more details on Entrepreneurship, please contact:
KIRTI PARKASH
+62 21 8378 3288

kirti.parkash@frontlinerinc.com

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