Students of Georgetown, Inc., or "The Corp", as it is commonly known (pronounced with the "p", IPA: /ˈkɔrp/), is a 501(c)3 non-profit public charitable organization at Georgetown University in Washington, D.C. and maintains the largest entirely student-run corporation in the world, with eight subsidiary companies generating annual revenues in excess of $3.8 million. Only undergraduate students of Georgetown University work as employees or sit as members of the Corp's Board of Directors, distinguishing business operations at the Corp from other student-run companies such as Harvard Student Agencies, Inc., which employ non-students and allow non-students and alumni to serve as board members.As a registered Charity, The Corp's profits fund grants for student organizations, as well as scholarships for students, with each recipient being chosen by The Corp's Philanthropy Committee or Board of Directors.Some criticize The Corp for maintaining a monopoly over student-run sales on the Georgetown University campus. The only other entirely student-run business located at and independent of Georgetown University is the Georgetown University Alumni and Student Federal Credit Union (GUASFCU), the largest entirely student-run Credit Union.Vital Vittles is the largest of eight businesses currently owned and operated by The Corp. Referred to by the company as "services", these businesses also include three campus coffee shops called Uncommon Grounds, More Uncommon Grounds (MUG), and Midnight MUG, a movie delivery service called MovieMayhem.org. , a convenience store called Hoya Snaxa, and two "seasonal" services — the Book Co-Op and Student Storage — which only operate at the beginning and end of each semester.