The major festure of not-for-profit-making-organization is that they are formed?

Answer Details

Not-for-profit-making organizations are formed mainly to improve the welfare of their members or serve a particular cause or community, rather than for the purpose of generating profits. This means that any surplus generated is usually reinvested into the organization's activities or saved for future use, rather than being distributed as profits to owners or shareholders. The main feature of not-for-profit-making organizations, therefore, is that they do not exist for the primary purpose of making a profit, but rather for some other purpose that benefits a specific group or the public as a whole.