What defines a 'non-stock corporation' under the Revised Corporation Code?

A non-stock corporation, as defined under the Revised Corporation Code, is primarily established for purposes that are social, charitable, or religious in nature. This type of corporation does not issue shares of stock, and instead focuses on fulfilling its mission rather than generating profit for distribution to shareholders. Non-stock corporations often operate for the benefit of the public or specific groups within the community, aligning with their core objectives of service, support, and advocacy in various areas.

While other options mention certain aspects related to different types of organizations, they do not encapsulate the essence of a non-stock corporation. For instance, a corporation formed for profit-making ventures directly contradicts the fundamental nature of a non-stock corporation, which is not intended to generate profits for owners or shareholders. Similarly, while it is possible for a non-stock corporation to rely on grants as a source of funding, this does not define its structure or purpose. Lastly, stating that a non-stock corporation is limited to educational purposes is too narrow; non-stock corporations can also engage in a broader range of activities beyond just education, encompassing various social and charitable initiatives. Thus, the correct answer highlights the primary characteristics that distinguish non-stock corporations within the framework of the Revised Corporation Code.