Word: nonprofit
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Dates: during 1950-1959
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...fiscal year 1952, the Federal Government doled out nearly $542 million for research and development in the nation's nonprofit institutions-$44 million more than it spent in 1951 and more than 60% of all the money spent on research and development in the U.S. Last week the National Science Foundation released some preliminary figures to show how the money is being spent...
...good deal of credit for the 1952 showing goes to a spectacular get-out-the-vote drive sparked by American Heritage Foundation, a nonprofit, nonpartisan agency. Beginning last June, the foundation (chairman: New York Banker Winthrop Aldrich; vice chairman A.F.L. President William Green) went hammer & tongs to obtain the cooperation of civic groups, broadcasters, editors, educators, cartoonists, advertisers...
...action in chancery court, the Inland Revenue claimed that an improperly dated agreement signed by the tenth Duke of Devonshire just before his death last year was void; instead of going to a nonprofit fund, and thus escaping death duties, the collection should go to swell the duke's other assets (to ?3,000,000). Since the 80% death duty on the whole estate would leave the family only ?600,000-less than the value of the collection alone-the heirs would have to sell the Chatsworth art and break up the collection. Said the court: "I cannot refrain...
...Bailey also says the University "has no plans to go into the television field except through its participation in the Lowell Institute Cooperative Broadcasting Council." The Council, a nonprofit organization of Boston's universities and cultural institutions, now runs FM radio station WGBH...
...aspect of your snapshot was hidden behind the general impression that all emergency facilities are available to the community as are the fire and police services-with no direct charge for the service. The cost to nonprofit hospitals of maintaining the 24-hour emergency service is [high]. Payment for the service is only token, the income falling far below the minimum costs...