Word: non-profit
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According to tax records, the Harvard VarsityClub, a non-profit corporation, spent nearly$200,000 last year to provide varsity athleteswith letter sweaters at a sharply reduced cost,publish a newsletter and sponsor award dinners...
...Internal Revenue Service (IRS) is conducting comprehensive audits of several universities nationwide in an effort to crack down on potential abuses of their non-profit, tax-exempt status...
Owens said that the IRS would focus onuniversity activities that generate revenue notclearly linked to the school's non-profit mission...
Kent Weber, co-founder of the non-profit organization, said that his organization's primary message is respect. "If we can get people to respect an animal that we've been taught eats grandmothers, then hopefully this respect can be transferred to other humans...
...bring dance to more people, the Umbrella runs outreach activities such as movement classes in public schools, post-performance meet-the-artist sessions, artist-in-residence programs with local dancers and participation in the "Human Services Personnel Collaborative," which funds a variety of multicultural non-profit organizations throughout Boston...