Who we are as an organization..
Recently a group of friends and acquaintances ,from a variety of career backgrounds, including law, business, real estate, banking and trades, to name a few, came together to form this organization. We are all Trinidadians and share a common goal. That is, to give back to the community and culture that has significantly contributed to our lives and helped shape the people we are today. Our desire is to raise funds to be able to assist those in need in Trinidad and Tobago. In this, we welcome all those, whether from the Caribbean or any part of the world, who would like assist us in our goal. Eventually, as we grow, we would like to help disadvantaged people throughout the Caribbean.
We will be applying for a not for profit status with CRA. As a result, any money donated to our organization can become a full tax benefit towards one’s disposable income. We hope that you will take the time to find out more about our vision and commitment to giving back to those in need and look forward to answering any questions you may have about joining our cause or finding out more about our plans and how you may be able to contribute. Since transparency is key to running an ethical and efficient charitable group, all financial dealings, including income and expenditure will be available to the public and open for discussion, at all times.
We came up with this name to represent what we are all about.. Unity, which is our strength, hence Uni-TnT
What is a Not for Profit Organization?
In economic terms, a nonprofit organization uses its surplus revenues to further achieve its purpose or mission, rather than distributing its surplus income to the organization’s shareholders (or equivalents) as profit or dividends.
Nonprofit Versus Not-for-Profit
A not-for-profit organization (NFPO) is a widely based term that encompasses all organizations that are known more specifically as nonprofits, charities, non-governmental organizations (NGOs), civil society organizations (CSOs) and private voluntary organizations (PVOs). It is sometimes more accurate to use the term “not-for-profit” to place emphasis on the organization having the defining criterion of an intention to provide goods and services without seeking profits for private gain. A nonprofit – more broadly a not-for-profit – organization typically makes a profit, either from time-to-time or on a regular basis. This organization uses this profit, however, to further the operations of the organization itself and ultimately to facilitate the provision of benefit to the public at large. The difference between “nonprofit” and “not-for-profit” is largely a matter of semantics. While some groups can use both terms interchangeably, a distinction between the two is that a not-for-profit is an activity that is not intended to generate any profits, such as taking pictures for personal use, while “nonprofit” references an entire organization whose operations/products are not intended to generate a profit (an organization that offers free photography classes).