Charity contributions, sponsorships and donations often form an integral part of a company’s social responsibility initiatives. The generosity of companies making donations not only support the company in reaching its internal social responsibility targets, but also spark corporate morale and boosts a company’s public image.
One of the positive sides of society’s reaction to the
You are both. And neither. The charitable sector is peppered with acronyms whose correct usage is not always fully appreciated. This naturally leads to confusion.
The common acronyms are:
NPO: non-profit organisation/not-for-profit organisation
NGO: non-governmental organisation
PBO: public benefit organisation
NPC: non-profit company
When a not-for-profit entity asks ‘What am I?’ the answer can only