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A nonprofit organization (US and UK), [ 1 ] or not-for-profit organization (UK and others), often called an NPO or simply a nonprofit . Also, non-commercial organization (Russia and CIS ), often called an NCO , is an organization that uses surplus revenues to achieve its goals rather than distributing them as profit or dividends. States in the United States defer to the IRS designation conferred under United States Internal Revenue Code Section 501(c) , when the IRS deems an organization eligible. [ 2 ]
T hree Harvard College seniors and a first-year Harvard Medical School student are among the 32 American men and women named as Rhodes Scholars on Saturday (Nov. 20).
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Today at our TechCrunch Disrupt conference in San Francisco, Clarium Capital President Peter Thiel sat down with our own Sarah Lacy to talk about a whole range of issues.