For Benefit

The term "for benefit" refers to a situation where an action or organization is established primarily to serve a purpose that benefits a specific community, group, or the public, rather than to generate profit for owners or shareholders. It emphasizes a focus on social good, well-being, or the advancement of a particular cause. For example, a charity or a organization created "for benefit" operates to improve people's lives or address societal issues, with any surplus funds typically reinvested into their mission rather than distributed as profit.