Word: funds
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Dates: during 1980-1989
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Perhaps the Undergraduate Council and the Office for the Arts should agree that after the first year they would fund only a certain percentage of a publication's operating costs, or that grants would work on a matching system--one dollar for every dollar raised by the organization itself. It's ironic at this institution where establishment and age are the rule that student publications are the exception to it. Jack Robbins...
...politicians to give him a $120 million tax abatement (he did). It did not hurt that Fred Trump was a regular contributor to the Brooklyn Democratic machine, or that Governor Hugh Carey and Mayor Abe Beame both happened to be Brooklyn Democrats, or that Trump put Carey's chief fund raiser on his payroll. Young Trump also had to find an architect to build a reflecting glass sheath over the decaying hotel (and he did: Der Scutt of Gruzen & Partners) and to find somebody who knew how to run a hotel (and he did: Hyatt...
Fuller and Koinonia leader Clarence Jordan started Fund for Humanity, a pool of capital that was used to buy building materials and serve as a mortgage source for people too poor to qualify for bank loans. Modest homes, built with volunteer labor and some donated materials, were sold at cost to low-income families. Their payments, plus donations and other money raised, replenished the fund, and the money was recycled to build even more homes. There were problems: raising seed money and bureaucratic snarls, but it worked. By 1976 he had visions of grandeur...
Perhaps the most unusual proposal to date comes from a Peruvian economist, who has suggested swapping debt for the creation of an antidrug fund. Under the scheme, debts held by overseas commercial banks would be handed over to the central bank of the debtor. The commercial banks would be able to write off the debt as a loss and donation for tax purposes, while the debtor country would put a percentage of the debt into a local currency deposit. The interest would be directed into an antidrug fund for financing crop substitution and other development projects in areas where cocaine...
...month. In 1986 Open Hand's budget was $70,000. By the end of that year, Brinker realized her next budget would have to be a quarter of a million dollars. "I almost had a heart attack." The 1988 budget was a million dollars -- a figure that demanded constant fund raising. Says Brinker in her oddly tough half-whisper, "You have...