ELI5: Explain Like I'm 5

Public-benefit nonprofit corporation

A public-benefit nonprofit corporation is a type of organization whose main goal is to benefit the public rather than make a profit. They work to solve social problems, help people in need, protect the environment, and promote education and the arts. They are usually funded by donations from generous people and from government grants. They do not pay taxes like regular businesses do because their work is meant to benefit everyone in society.
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