Word: nonprofitability
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...which 70 students from the departments of photography, graphic design and printing meet for six hours every Friday. For the final project in May, instructors divided the class into teams and matched students with others from different fields. Each group had to create an original brochure for a real nonprofit organization...
...mistakenly noted that the John F. Kennedy Library Foundation oversees the John F. Kennedy Library in Boston. It does not. The Kennedy Library is one of 10 presidential libraries that are operated by the National Archives and Records Administration, a federal agency. The Kennedy Library Foundation is a private, nonprofit organization that supports the library and helps it conduct a wide range of public educational programs...
What the President didn't mention: to make all this happen, the University of Wisconsin would have to agree. It was at Wisconsin that biologist James Thomson first isolated embryonic stem cells in 1998. And it is at the affiliated, nonprofit Wisconsin Alumni Research Foundation that the patent governing such cells--whether they were isolated at Wisconsin or not--resides. Anyone who wants to work with them may well have to sign an agreement with WiCell Research Institute, which was set up to distribute WARF's stem cells...
With no fanfare, Thomson set himself up six years ago in an off-campus lab under a nonprofit arrangement with the University of Wisconsin's alumni association. That way he freed himself from existing federal restrictions--and avoided jeopardizing the university's government-funded research. Geron Corp., the Menlo Park, Calif., biotech firm that was financing Gearhart's efforts, partly bankrolled Thomson's work in exchange for commercial rights. (Thomson, however, was free to distribute his stem cells to fellow academics.) Because he could afford only one part-time assistant, he ended up doing much of the work himself, getting...
...might be holding out for Ted's Senate seat, should his uncle, who turns 70 next year, hang it up in 2006. But a friend who has seen him lately is not so sure. Joe is making money, giving speeches and sitting on boards while he runs his nonprofit energy company, and doing what he wants with his weekends. "He really is, for the first time, as much at peace as he can be," the friend says. "He's a lot wiser than he was 15 years ago. He knows himself pretty well, and he just wants to be happy...