The private sector has an even greater array of not-for-profit organizations than the public sector.

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The private sector includes a wide range of not-for-profit organizations such as foundations, charities, and social enterprises that are often established to pursue social, cultural, or educational objectives. These organizations are supported through a variety of funding sources and often collaborate with government agencies and other stakeholders to address social challenges and promote positive change. While the public sector also includes not-for-profit organizations such as public charities and social welfare organizations, the private sector is generally considered to have a greater number and diversity of these entities.

The Private Sector Has an Even Greater Array of Not-For-Profit