Word: nonprofit
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Dates: during 1960-1969
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...revealed that the State Department asked embassies to pass on "pertinent information" about H. Stuart Hughes's activities during a trip he made to Europe. Harvard and M.I.T. establish a $1 million nonprofit corporation to promote planning and urban development in Cambridge. A man in Hayes Bickford's urges people to decorate the City with clothespins. The Lampoon names Natalie Wood the worst actress of this year, next year and the year after that...
...brought in from New York the Honest Ballot Association, a nonprofit group that spends most of its time supervising union elections. They should be allowed, he argues, to stand by while Kennedy's staff counts the ballots and to check that the requests for duplicate ballots have been answered...
...project is persuasive. Gypsum's purchase and remodeling of the first building cost only $9,100 per apartment as against $22,500 for a typical new public-housing unit in New York City. When the whole project is completed, the company will sell it to a group of nonprofit organizations led by Chicago's Maremont Foundation, which has arranged for a 90% FHA loan at 3% interest. U.S. Gypsum expects to sell $50,000 of its products into the buildings-and reap an 8% return on its investment...
Operation Igloo. The rent program has had rocky going right from the very beginning. Intended to help handicapped, low-income and other needy families pay their rent in nonprofit private housing, the scheme was authorized last summer by Congress, which thereupon withheld the appropriations to get it started. This year, House Republicans mounted a bruising floor fight and barely failed to scuttle the rent-subsidy funds; last week, in the Senate Appropriations Committee, Republicans and Southern Democrats succeeded in eliminating them...
Worldly Concerns. Having scotched the Peruvian bankers' old complaint that the peasant could not be induced to save, Father Dan in 1961 set up a nonprofit savings and loan association to finance desperately needed low-cost housing. U.S. savings and loan men provided technical assistance. So far, Father Dan's El Pueblo association has loaned $11.9 million to build 3,613 houses in the Lima area...