Word: maximum
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...Arts (NEA) Challenge program in the fall of 1985. The grant requires a three-to-one match, i.e. ART is responsible for raising $2.25 million in cash (not pledges) from non-federal sources in order to receive a grant of $750,000 from the NEA. While the maximum award under the challenge program is currently $1 million, which would require the recipient organization to raise $3 million in matching funds for a total principal of $4 million, the maximum award is set by the NEA, based on its evaluation of the organizations that apply and on its congressional appropriation, before...
...example of Shamie's impartiality was his approval of the state party's maximum $3000 contribution to successful state Senate candidate Brian Lees of Springfield, even though Lees is among the most moderate of the Republican legislative delegation...
Some athletes are determined to make the maximum use of their time. For basketball player Ian Smith '91, life on the road is just like life in the library. "On every road trip I go on, I take my books--definitely," says Smith, a pre-med. "I study on the way there, I study before the game, I study after the game and I study on the way back...
...late November, Hampton sentenced Richard Lee Bednarski to 30 years in prison for murdering two men--even though a lifetime sentence was the maximum. When asked by a Dallas reporter why Bednarski had not received a harsher verdict, Hampton replied that he had been lenient in part because the killer's victim were...
Feldstein argues that the United States should not try to slow the dollar's fall by pegging it to other nation's currencies or by setting target ranges. In order to act with maximum efficiency, Feldstein believes the Federal Reserve Board should let markets determine the value of the dollar (however low that may be) and focus its monetary weapons on controlling inflation at home...