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Word: nonprofit (lookup in dictionary) (lookup stats)
Dates: during 1950-1959
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Usage:

...Salk's laboratories could not produce more than a fraction of the hundreds of gallons of vaccine needed for such a massive trial. So it is being made according to his specifications on a nonprofit basis by five pharmaceutical houses-Parke, Davis & Co. in Detroit. Pitman-Moore and Eli Lilly & Co. in Indianapolis, Wyeth Inc. in Philadelphia, the Cutter Laboratories in Berkeley, Calif. For all of them, the indispensable raw material is the monkey, and the procedure is much the same. For example...

Author: /time Magazine | Title: Medicine: Closing in on Polio | 3/29/1954 | See Source »

Even among such well-established plans as the nonprofit Blue Cross and Blue Shield, there are shortcomings. Most group policies do not cover dependents over 18. Many do not provide benefits high enough to compensate for the soaring costs of hospitalization, and most do not provide long-term care for such diseases as polio, TB and cancer. Another frequent weakness: if an illness runs longer than a specified time (seldom more than 120 days), benefits stop and the patient has to wait sometimes for months before they start up again. Meanwhile, he has to pay all expenses himself, just when...

Author: /time Magazine | Title: Business: Ii FOR INDUSTRY- | 3/29/1954 | See Source »

...behind the project. Among them: Hughston M. McBain, chairman of Marshall Field & Co., Willis D. Gale, chairman of Commonwealth Edison, and Arthur T. Leonard, president, Chicago Association of Commerce and Industry. The sponsors feel that financing will not be a major problem. One suggested plan: establishment of a nonprofit corporate body eligible for city, state and federal land-clearance grants, plus "interested" Eastern insurance money...

Author: /time Magazine | Title: BUILDING: Cleaning Up Chicago | 3/29/1954 | See Source »

...owner and editor Wheeler Sammons, 64, took formal steps to make the book an institution. Sammons, a Pickwickian-looking arbiter of fame who considers listing in his book to be roughly the American equivalent of making the Queen's Honors List, set up a nonprofit foundation with a board of trustees to protect Who's Who's integrity and put its profits into biographical research. Explained Editor Sammons: "I never want Who's Who to fall into irresponsible hands...

Author: /time Magazine | Title: The Press: Who's Who's Who | 3/8/1954 | See Source »

...nonprofit, fact-gathering group set up in 1949. Supported by 130 drug and chemical manufacturers, H.I.F. is pledged to do no lobbying, to present its findings impartially...

Author: /time Magazine | Title: Medicine: How Are the Bills Paid? | 2/8/1954 | See Source »

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