Thread: Helmets
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Old 05-30-24 | 09:42 PM
  #52  
Camilo
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Originally Posted by Sy Reene
Isn't that a slippery slope? Research costs money (eg. salaries). those fees are perhaps are therefore returned into funding operations. Yes, they're a non-profit, but there's still incentive to continue operations.
You're correct. Non Profit is more accurately - "Not for Profit". It doesn't mean the business doesn't make money. It means it doesn't exist to make a profit. It exists to provide services and any money that is made beyond expenses (IOW "profit") is put back into services, salaries, infrastructure to support the services, or reasonable cash reserves - rather than to shareholders profits. Universities can do the same and often have "Centers" and such that are similar to stand alone entities and some of them generate income from their activities to keep themselves in business. I wouldn't be surprised if the helmet testing thing is set up that way.
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