Because of grants, donations, and interest from endowed funds, not-for-profit organisations generally

Question

Quizplus · Accepted Answer

Not-for-profit organizations rely on grants, donations, and endowed funds to operate, which means they do not expect to cover all their costs from the fees they charge. Therefore, they often price their services and products lower than a market-based pricing strategy would dictate. This allows them to fulfill their mission and serve the community they were created to help. Hence, option C is the correct choice.

Because of Grants, Donations, and Interest from Endowed Funds, Not-For-Profit