Word: nonprofit
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...Christianity should take advantage of the Oriental love of pilgrimage to holy places by setting up shrines in the countryside around populous cities, equipping them with a church, hotel (nonprofit-making), religious library, and museum of Christian relics...
Landing successfully on Broadway with its first try, Theatre Inc. has long-range plans for staying there. These include a nonprofit repertory theater that will stage both new plays and revivals, an experimental theater that will serve as a "showcase" for new talent, and a children's theater. The repertory theater will have its own acting company, but will hire special guest stars for each production. Managing Director of Theatre Inc. is Actress Lawrence's husband, Producer Richard Aldrich (Margin for Error, My Dear Children...
...seemed that the Farm Security Administration had lent five substantial Valley farmers and businessmen $1,226,350 (payable in 50 years) to buy 26,000 neglected acres of the local delta orchard land. These salaryless "directors" were going to operate the tract on an "altruistic, nonprofit" basis, as a kind of socio-economic experiment...
...Society of the Ancient Instruments, whose recordings have long been treasured by chamber-music addicts, is a nonprofit labor of love. It is the creation of a little grey-maned, Dutch-born music teacher named Ben Stad. Conductor Stad, 59, came to the U.S. in 1908, eventually founded Philadelphia's Institute of Musical Art. Some 20 years ago, it occurred to him that modern instruments like the piano and violin were not suited to the music written for harpsichord and viole d'amour during the 17th and 18th Centuries. This idea was the beginning of Ben Stad...
Last week a more specific plan, stemming in part from the FORTUNE studies, and consisting of 14 carefully integrated recommendations, was ready. Its author: Cleveland's Business Engineer Robert Heller. Its sponsor: the nonprofit, nonpolitical National Planning Association. Its most sensational recommendation: raise Congressmen's salaries from $10,000 a year...