NFP org receives donations, does not consider profits to be an end (although they will likely be a means to the org’s ends), & does not have owners. Voluntary Health & Welfare Org.s are NFPs that are primarily supported by donations, as opposed to revenues from the sale of goods or services. Their activities are generally focused on health & welfare problems. The Red Cross is an example ofVHWO. Hospitals not included b/c of substantial revenues.
Sign up for free and study better.
Get started today!