Word: nonprofit
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...people and runs on a $7.4 million annual budget. Each year the organization trains as many as 400 young men and women between the ages of 18 and 26 and boasts a 90% placement rate in such jobs as security guard, bank clerk and computer operator. Chicago's nonprofit Safer Foundation helps get jobs for about 60% of its clients. But for kids who go to Safer, young offenders with an average of ten arrests in their short lives, just having someone to talk to can be as important as getting work. "We're like the hole in the teakettle...
...preservation effort is being spearheaded by Monarca A.C., a nonprofit Mexican organization established in 1980. "When I first saw the monarchs, I became ecstatic and vowed to learn more about them," says Rodolfo Ogarrio, a Harvard-trained lawyer who helped start the group. What Ogarrio discovered was that the butterfly's retreats were threatened by the local farmers, who were gradually clearing the trees for timber and farmland. Says Carlos Gottfried, a co-founder of Monarca: "The forests in the mid-'70s were pristine. A few years later they were receding up the mountain...
...eldest male among the 28 cousins who make up the third Kennedy generation. In 1979, after a checkered academic past, Kennedy formed Citizens Energy, a nonprofit corporation that distributes low-cost heating oil in Massachusetts. Throughout his race for the Cambridge seat being vacated by House Speaker Tip O'Neill, Kennedy has campaigned on a platform of fiscal responsibility, shunning the kind of straightforward, do-good liberalism that he advocated in his younger days...
Many deductions will remain allowable but will save taxpayers less money next year because tax rates will be lower. One such write-off is charitable giving, and many nonprofit groups are urging taxpayers to make donations now rather than waiting until after Jan. 1. Combined Jewish Philanthropies of Greater Boston has notified patrons about the tax advantage in its monthly billings and is getting better-than-usual payments on pledges. Dartmouth College plans to send a two-page tax advisory to 57,000 of its supporters to stimulate pre-1987 donations. Manhattan art appraisers are swamped with requests to evaluate...
Kennedy school graduates choose to enter a variety of fields after receiving their degrees. In 1985, 40 percent chose government positions at the federal, state, or local levels; 11 percent chose nonprofit agencies; 12 percent pursued further education; and 31 percent entered the private sector. The graduates showed an average starting salary of $28,000 compared to $45,000 for Harvard MBA's, according to the Washington Post...