Word: nonprofitability
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Dates: during 1970-1979
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...million a year. The commission will also recommend further mechanization of mail handling to save $134 million annually, and suggest other improvements in management and productivity that would save $78 mil lion. Total savings: $624 million annually. Also proposed is the gradual elimination of subsidized postal rates for nonprofit organizations...
...Nostrand has formed a nonprofit corporation-the Center for Research in Writing-to promote his course, and spends much time pondering new ways to teach writing-and its necessary companion, thinking. "If we could get at what you do when you learn by writing," he muses, "then we'd know how to teach people to think." Anyone for functional thinking...
...President's first cousin and deacon in the Baptist church. Hugh now keeps his store open on Sundays, although he once said he never would. Billy Carter has started a company called Plains Civic Projects that sells souvenirs from the train depot. ("It's not exactly a nonprofit outfit," Billy says, "but the money is supposed to go into civic improvements.") Maxine Reese, who manages Plains Civic Projects, is also planning to put in Plains' first liquor store, to the horror of many residents...
...fact Blue Shield is a business, and although it is nonprofit, it must still compete to some extent with other health insurance plans. To remain solvent it can provide medical coverage only in those areas it can afford, or it can raise its rates and risk losing business to competing health plans. Granted, it is not clear that Blue Shield's decision to limit coverage for breast reconstruction was based solely on economics. But if that were the case, it would merely illustrate the fact that the social utility of programs like Blue Cross-Blue Shield is limited...
...better alternative is to turn to one of the 170-odd nonprofit community credit counseling services. The services make the debtor sign an agreement to take on no more credit and to hand over all his charge cards. Often a counselor will scissor the cards to pieces before the debtor's eyes. The service then negotiates extended repayment of the loans and collects a fixed monthly payment from the debtor that it parcels out among the creditors...