Word: fractionation
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Dates: during 1980-1989
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Almost all centers have to struggle to make ends meet. Most operate on a nonprofit basis and offer their service on a sliding fee scale according to ability to pay. Few private medical insurance companies will provide coverage, and with only a fraction of patients paying the full cost, the difference usually has to be patched together from a variety of sources, including private donations and United Way. Medicaid money, long a mainstay for nursing homes, is available for day care, but only for health-oriented facilities meeting stringent medical requirements. Some federal funds are also available under Title...
Before anyone acts on this "propaganda," THINK--you should ask yourself the following questions: 1) a. How great a fraction of funds and support donated to the organizations that want you to boycott the corporation (in this case Nestle) actually goes to alleviate the alleged problems? b. How great a fraction to pay the organizers' salaries and to defray costs of printed material and the like? The answers...
...current income or to increase current spending at the expense of asset growth. Particularly in times when inflation and current rates of return are both at high levels, there are pressures to address the erosion in the value of endowment income which inflation causes by distributing a larger fraction of the high earnings which result from high interest rates. If high rates of inflation and of current income prove to be short-term phenomena of similar duration, then such action might be justified. However, if high rates of current return endure for only a short period while high inflation rates...
When interest rates are high, and when a relatively large fraction of the total return earned by the endowment from both income and capital appreciation is provided in the form of current income, then the value of the endowment can be maintained only through a conservative distribution policy which retains a fraction of current income to build the capital base. Failure to follow such a policy would assist current operations, but only at the expense of the University's ability to maintain those same endowment-dependent activities in the future...
Major labor negotiations are due to take place during the year. The auto and rubber workers and the teamsters are all bargaining for new contracts. Although such groups represent only a small fraction of the total American labor force, they traditionally have set the wage pattern for the rest of unionized employees and even influenced wage settlements for many nonunion workers...