Word: kroc
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Dick and Mac McDonald opened their eponymous burger stand in 1948 in San Bernardino, Calif. Under the guidance of Ray Kroc, a onetime milkshake-mixer salesman wowed by the restaurant's success, McDonald's franchises grew swiftly: by the end of the 1960s, there were more than 1,000 across the U.S. The first international franchise opened in 1967 in British Columbia, and was followed by another in Costa Rica later that year. From there, the chain spread steadily: over a six-month period in 1971, Golden Arches popped up on three new continents, as stores launched in Japan, Holland...
...which sometimes prohibit the bell ringers on the grounds that they block foot traffic and invite others to solicit at entryways, the Salvation Army says it raised $118 million through the program in 2007. (The charity is also in the process of distributing a $1.5 billion donation from Joan Kroc, the wife of the founder of McDonald's, to open community centers around the country.) In the U.S., there are nearly 8,000 Salvation Army locations, and more than 3 million volunteers assisting nearly 30 million people a year. Worldwide, the charity operates in more than 100 countries...
...Phillips Brooks House Fellows program began last fall with funding from Jonathan I. Kislak ’70. In September, the program brought its first fellow to campus: Dee L. Aker, the interim director of the Joan B. Kroc Institute for Peace and Justice at the University of San Diego...
...called food? Heck, while they're at it, why not sell tacos in Mexico? Yum is doing both, with the test-marketing of East Dawning in Shanghai and the opening of a Taco Bell in Monterrey last fall. Yum's iconoclastic CEO, David Novak, likens it to how Ray Kroc of McDonald's brought hamburgers to America. "I asked, What's the hamburger in China?" he says. "Obviously, it's Chinese food." Except Kroc was an American selling American food to Americans. Is this brilliant, or is Novak half-Kroc...
...good news for small nonprofits is that more and more individuals are looking to find them. For one thing, there are preliminary signs that large donations, such as the $1.5 billion gift to the Salvation Army from the late Joan Kroc and the staggering $37.1 billion pledge from Warren Buffett to the Bill and Melinda Gates Foundation, lead some folks to conclude that big charities don't need their support--although the huge gifts more than offset any loss of small donations...