Bussiness types - Oxfam:charity

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Unit one BussinesPurposes charity

Charities

Oxfam 

A Charity is a foundation created to promote the public good. It doesn’t keep profit, but to expand. It relies on money given from the public voluntarily, it is a non-profit organisation. A charity is all about fundraising and giving to causes, it is a type of business because it does make profit, which is given to charitable causes. Many companies/people set up charities because they may want to promote and encourage a cause that may need money. The people behind the organisation may only set up the charity, investing it towards its continuity but not to gain profit. It is a voluntary investment, if it is required to use any profit only for the organization's purposes.

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Oxfam International is a leading international charity organization of 14 organisations working with over 3,000 partners in around 100 countries to find lasting solutions to poverty and injustice. Mostly their profit goes to helpful causes and to spread the name.

The main purpose of this business is to collect as much profited money from the public which is then used by them to help aid the charitable causes. Oxfam GB, member of Oxfam International, have many charity shops that usually sell, at a cost, unwanted, used items given to them from various sources. All the Profit gained from the ...

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