Word: nonprofit
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...careers. Yvonne Johnson, the mayor of Greensboro, N.C. - where six of nine city council members are women - has figured out how to do it all. "They tell you being mayor is a part-time job. What a joke," says Johnson, who has four adult children and also directs a nonprofit organization. "I work on the balance all the time...
...uncertainty. But it has left out billions more. They have great needs, but they can't express those needs in ways that matter to markets. So they are stuck in poverty, suffer from preventable diseases and never have a chance to make the most of their lives. Governments and nonprofit groups have an irreplaceable role in helping them, but it will take too long if they try to do it alone. It is mainly corporations that have the skills to make technological innovations work for the poor. To make the most of those skills, we need a more creative capitalism...
...some problems in the world that aren't amenable to solution by existing market incentives. Malaria is a great example: the people who most need new drugs or a vaccine are the least able to pay, so the drugs and vaccines never get made. In these cases, governments and nonprofits can create the incentives. This is the second way in which creative capitalism can take wing. Incentives can be as straightforward as giving public praise to the companies that are doing work that serves the poor. This summer, a Dutch nonprofit called the Access to Medicine Foundation started publishing...
...companies, including 23andMe, Navigenics, deCODE Genetics and DNA Direct, have stepped into the void, launching discussions this month in Washington to devise their own voluntary standards, which they expect will promote integrity among their competitors. The companies said they will collaborate with the Personalized Medicine Coalition (PMC), an educational nonprofit, to create the guidelines. They plan to present a draft of the new rules at a PMC conference in December, says Edward Abrahams, PMC's executive director...
When it comes to savings, workers want new resources to weather unforeseen income interruptions, especially in an increasingly volatile economy. A nonprofit in Boston is encouraging low-income workers to invest a portion of their tax refunds in savings bonds. Its average bond purchaser's profile is that of a single working mother with an income under $21,000, acquiring the bond for her children--a powerful testament to the idea that working people will make responsible choices if given the right opportunities. On the health-care front, a New York--based organization is developing ways for independent workers...