Word: funded
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Dates: during 1990-1999
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...should be no surprise that Clinton is planning to build a presidential library in Arkansas and is already monitoring its fund-raising operation with his usual acuity. The $100 million facility in Little Rock will be built on 14 acres along the Arkansas River, as a repository of Clinton papers and a research center for presidential scholars. But Clinton also seems to be imagining the library as a sort of government-in-exile--like Carter's but even more activist--part policy institute, part Peace Corps, focusing on Africa, showcasing his accomplishments...
Although the U.S. economy has been nothing but sunshine, it has been a terrifying year in world markets: famed financier George Soros lost $2 billion in Russia last summer; a hedge fund blessed with two Nobel prizewinners blew up in an afternoon, nearly taking Wall Street with it; and Brazil's currency, the real, sambaed and swayed and then swooned. In the past 18 months 40% of the world's economies have been tugged from robust growth into recession or depression...
Seeking to fulfill Rey's final wishes but realizing the lack of written evidence regarding the oral bequests, Ong said she proposed a compromise, whereby 85 percent of the joint account would fund the six additional charities Rey named...
...stipulate how PBHA was to use the funds. While the organization has had financial trouble in the past, MacDonald said Rey's bequest would probably be used to fund PBHA's summer camps, in accordance with Rey's interests...
...funds could also be used to purchase a new sound system, create a capital improvement fund for student groups and renovate campus athletic facilities...