Question

Explain in brief the features of non-profit organisations.

Answer 1

1. These organisations can be registered under various laws (e.g., the Trusts Act, the Society’s Act) or may operate without formal registration.
2. These organisations operate in various fields, and their activities depend on their specific nature. Examples include schools, colleges, hospitals, orphanages, public libraries, clubs, and cooperative societies.
3. These organisations are managed by Trusts, Executive Committees, or similar bodies. The office-bearers are elected by members, ensuring a democratic approach. The executive committee holds regular meetings to review operations and plan for the future, and the organisation may hire staff for day-to-day management.
4. The primary goal of these organisations is to provide services, not to generate profits.
5. Funds are raised through membership contributions, public donations, and government grants.
6. The organisation may charge nominal or reasonable fees for its services to help raise funds.
7. Services are offered to members and, in many cases, to the wider community as well.