Word: nonprofitability
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Dates: during 1970-1979
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Brother Blue furnishes amazing stories, rhymed didactic, but no music tonight starting at 7:30 pm at the nonprofit, collective Common Grounds Coffee House. Teleport or take the Red Line to Central Square, find the 100 Flowers Book Store at 15 Pearl St., walk inside, and you're there. Music on Fridays and Sundays only; this week it's Dean McGraw with folk and blues from 8:30 to 11:00 pm on Friday, and "open music"--something like open book, I understand, but no molecular models or calculators allowed--on Sunday from 3:00 pm to closing. Call...
...Roman Catholic religious order, the Clerics of St. Viator, agreed in that same year to allow the Metropolitan Housing Development Corp., a nonprofit real estate developer, to build 20 two-story buildings with 190 apartments for low-and moderate-income families on 15 acres of its property. The village board blocked the deal by refusing to rezone the site for multifamily residences. The M.H.D.C. and three blacks eligible to live in the project sued Arlington Heights on the grounds, among others, that the refusal to rezone was unconstitutional racial discrimination...
...most absorbed collaboration was with Billy Klüver, a Swedish laser-research scientist from Bell Telephone Laboratories. In 1966 they started a nonprofit foundation named E.A.T., or Experiments in Art and Technology. Its announced purpose was "to catalyze the inevitable active involvement of industry, technology and the arts." E.A.T. grew out of "Nine Evenings," a series of multimedia happenings held in New York in 1966. Its biggest project...
...into the worst scandal in American history. His book The Right and The Power (Gulf Publishing Co. and Reader's Digest Press; $9.95) is a straightforward, rather dry rendering, often made even drier by lengthy quotes from legal documents. Jaworski, who is donating the royalties to his own nonprofit foundation (which supports religious and educational projects), nonetheless offers some intriguing anecdotes and pungent observations. Among them...
...Profits are called by many names these days, many of them bad. Obscene, exorbitant, excessive are the leading pejoratives. By contrast, nonprofit has gained an altruistic, almost hallowed connotation. Psychologically, that prejudice may be understandable, but economically it makes no sense. Profits can, of course, be immoral-if they are exploitative, for example, or result from price-fixing schemes or monopolies. But most profits are not so earned. Instead, they are an essential and beneficial ingredient in the workings of a free-market economy...