Re:Some Colleges Will Soon Charge $100k a Year. How Did This...
by umanwizard on Sunday April 07, 2024 @03:17PM
(#39963024)
The incentives and interests are hugely different. A for-profit business is controlled by shareholders who directly own claims to its revenue. A non-profit is not. Harvard has no shareholders and the members of its primary governing board are not compensated.
It literally is. "Non-profit" is a particular way of doing accounting, categorizing funds, filing taxes, but the incentives and interests are no different.