... gain2during the life of the corporation,3whereas a for- profit corporation may distribute profits to itsshareholders in the form of dividends.■ The powers of a not -for- profit corporation are ... fundamental ways:■ The not -for- profit corporation is composed of members, whereas the for- profit corporation isowned by shareholders.1■ The members of a not -for- profit corporation cannot receive ... CHECKLISTTYPES OF NOT -FOR- PROFITCORPORATIONSMost provinces, and most U.S. jurisdictions, classify not- for- profit entities by type for purposes of incorporation.There is, however, no classification of...