CHARITABLE ORGANISATION Meaning and
Definition
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A charitable organization, also known as a charity or a nonprofit organization, refers to an entity that exists for the sole purpose of providing aid, assistance, and support to those in need. With a philanthropic outlook, charitable organizations aim to accomplish a range of social, educational, religious, or scientific objectives, primarily oriented towards benefiting the public or a particular target group. These organizations typically receive funding through donations, grants, and voluntary contributions from individuals, governments, and corporate entities.
The main characteristic of a charitable organization is its commitment to using its resources and efforts to tackle societal issues, improve quality of life, and promote positive changes within the community it serves. Charitable organizations often focus on areas such as poverty alleviation, healthcare, education, environmental sustainability, disaster relief, and advancing social justice.
Operating with a non-profit motive, charitable organizations are mandated to utilize their funds solely for their stated objectives and are prohibited from distributing profits or dividends to individuals or shareholders. These organizations are subject to regulatory oversight to ensure compliance with legal requirements and financial transparency. Some well-known examples of charitable organizations include UNICEF, United Way, Red Cross, Oxfam, and Salvation Army.
In summary, a charitable organization is a nonprofit entity dedicated to providing assistance and improving the well-being of individuals or communities by addressing social, educational, or humanitarian needs, relying on donations and grants to fulfill their mission.
Common Misspellings for CHARITABLE ORGANISATION
Etymology of CHARITABLE ORGANISATION
The word "charitable" is derived from the Old French word "charitable", which comes from the Latin word "caritas", meaning "dearness, kindness, affection". "Caritas" itself is derived from the Latin word "carus", meaning "dear" or "beloved".
The word "organisation" comes from the Latin word "organizare", which means "to organize". This Latin word is derived from the Greek word "organon", which refers to a tool or instrument for work.
Therefore, the etymology of the term "charitable organisation" is a combination of the Old French and Latin terms, ultimately signifying an organized institution or group that performs acts of kindness, reflects affection, and promotes the well-being of others.
