Word: nonprofit
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...Miss Alice in Wonderland, they must run faster and faster just to keep even. An annual pay raise is seldom enough to keep pace with the inflation of living costs and taxes. The tables below, prepared by TIME last week with the help of the Tax Foundation Inc., a nonprofit clearinghouse for tax information, show where a family of four with standard income tax deductions now stands in relation...
...hopes to expand the idea to "a walk-in situation where people could come for discussion groups or courses." Meanwhile she is advising people in 60 communities across the country who want to establish similar services, and looking around for "a very humanitarian millionaire" to finance her contribution-supported, nonprofit efforts...
Martin Gainsbrugh, chief economist of the Conference Board, a nonprofit business research organization, has compiled figures to prove that so far the current upturn has been notably weak. Gainsbrugh calculates that the 1970 "recession"-which was officially given that name by the National Bureau of Economic Research two weeks ago-hit bottom in November. Thus, by the end of April, the present recovery was five months old. At that stage in the four previous postwar recoveries, industrial production showed increases ranging from 6.4% to 10.2% above recession lows, while real gross national product went up anywhere from...
...largest single group of unprotected consumers" in the U.S. consists of millions of students who are now deluged with more than 200,000 poorly tested textbooks, films, teaching machines and other complex learning gadgets. That Nader-like charge comes from P. Kenneth Komoski, head of the nonprofit, Manhattan-based Educational Products Information Exchange Institute. Testifying before a House subcommittee, Komoski estimated that 99% of the nation's teaching materials have never been systematically tried out to see how much students actually learn from them...
Cottage Industry. Aside from ceilings, most of the policies offered by both nonprofit and commercial organizations pose other problems. Many provide no coverage for diagnostic procedures; few provide payments for out-of-hospital prescription drugs; many make no provision for private- or visiting-nurse care. In cases of long-term illness, most plans make no allowances for nursing-or convalescent-home care. Because health insurance has become a major factor in wage negotiations, many policies are tied to employment by a specific company. Firings because of the recession have deprived thousands of families of their coverage. Illnesses or injuries that...