Hello Frank,
> As my UL friends are always quick to point out, they
> are not-for-profit, not non-profit.  Not being expert,
> I assume there is some subtle difference that is lots
> on the rest of us.
nonprofit - not established to make a profit (nonprofit organizations) -
Cambridge Dictionary of American English
(http://www.cup.cam.ac.uk/elt/dictionary/)
By this definition, UL is a nonprofit organization.  I assume that your
friends (and the Post) consider profit to mean "money that a business earns
above what it costs to produce and sell goods and services".   Given the
general usage of the prefix "non", and that UL's earnings are higher than
it's costs - perhaps they feel that "not-for-profit" more clearly describes
the company.
> A more general question is, why is does UL continue to
> enjoy special consideration when what they are doing
> is not unique?
>
> Regards,
>
> Frank West
> Sr. Engineer
> TUV Rheinland NA
Is it necessary to do something unique to enjoy "special consideration"?
When you say "special consideration", I assume you are referring to UL's
tax-exempt status.
Do you object to UL's tax-exempt status, or covet it?

Regards,
Matt




> --- Barry Ma <barry...@altavista.com> wrote:
> >
> > Chaz, Why do they call UL a non-profit organization?
> > Barry
> > Anritsu Co.
> > --------------------
> > From: "Grasso, Charles (Chaz)"
> > <gra...@louisville.stortek.com>, on 11/24/99 1:23
> > PM:
> >
> > Forgive a jaded old man but two things jumped out at
> > me when I read the article.
> >
> > 1. "In many other countries, standards are set or
> > approved by a government entity with industry
> > involvement. U.S. safety standards, on the other
> > hand, are set primarily by private industry - either
> > in independent labs such as UL or by industry
> > associations or organizations. The CPSC, an
> > independent regulatory agency charged with
> > protecting consumers from hazardous products,
> > imposes federal regulations only when it believes
> > industry's voluntary efforts are insufficient. "
> >
> > Oh Boy. Lets see look like UL is ripe for a
> > government takeover to me!!
> >
> > 2. Many experts interviewed contend that UL's recent
> > problems can be traced to the way the company is
> > organized and funded - with more than nine-tenths of
> > its revenue coming from companies for testing
> > products. UL also sets industry safety standards -
> > which it then measures products against - but does
> > not
> > charge for that. Lets see - if we reorganize and -
> > more importantly - change the funding (a euphemism
> > for taxation) then we'll all be safer!!
> >
> > Sorry - Just could not resist..
> >
> >
> >
> ______________________________________________________________
> > Open your mind.  Close your wallet.
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> >
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>
> =====
> Frank West
> Senior Engineer
> TUV Rheinland of North America
> NW/Portland OR Office
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