Word: nonprofitability
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Meanwhile, in New Hampshire, a nonpartisan, nonprofit group called the United States National Taxpayers Alliance spent $80,000 on ads attacking the Forbes flat-tax plan. Charles Givens, the get-rich-quick author, is spending half a million dollars of his own fast cash to buy TV time in New Hampshire, and possibly later in Arizona and the Dakotas, for ads that characterize the flat tax as HIGHER TAXES FOR YOU; MORE MONEY FOR FORBES, with the sound of a cash register ringing in the background. Givens has his principles, but he also bears a grudge. Forbes magazine over...
...result, across the country facilities like Sierra Tucson have been forced to reinvent themselves. In 1994 the Hartford Institute of Living, in Connecticut, merged with Hartford Hospital to avoid extinction. The nonprofit giants, the Betty Ford Center in Rancho Mirage, California, and the Hazelden Foundation in Minnesota, have both increased the amount of financial aid they offer to needy patients. McLean Hospital in Belmont, Massachusets, a 185-year-old Harvard-affiliated facility, long ago famous as a haven for addled and addicted Brahmins, has seen its average patient stay drop from 57 days to 14 since 1989 and now fills...
Certainly, larger theoretical understandings may develop if suitably cultivated and reinforced. However, such ideological motivation is inevitably a risky affair. On the systemic front, it risks our nonprofit status and potentially alienates volunteers. (I know that I constantly oscillated between educating and offending many of the more "moderate" volunteers at my own PBH committee). Yet, even more importantly, in our postmodern, market-driven age there are few students willing to privilege any structured account of social or economic oppression, and far fewer individuals capable of teaching...
...Washington Post reported Thursday that the Federal Election Commission is looking into whether the Forbes campaign received improper advances from Forbes Inc., the candidate's family firm. At the same time, questions surfaced about two of the candidate's top media advisers, Carter Wrenn and Tom Ellis, whose nonprofit group lost its tax-exempt status after failing to deliver on promises made to donors. Even as the scrutiny tightens, Forbes himself appears to be surging ahead. After a second poll in as many days showed Forbes ahead of Bob Dole in New Hampshire, TIME National Political correspondent Michael Duffy says...
...Hasan offered to acquire Health Net, but Greaves wasn't interested. He was about to convert Health Net into a for-profit company, a process that under California law required Health Net to establish an independent, nonprofit foundation and fund it with an amount equal to the company's fair market value--a way of paying back the state for all the taxes the company had avoided as a nonprofit. Conversion would pave the way for going public. In a tactical maneuver, Dr. Hasan filed a lawsuit to block the conversion, charging that Greaves had undervalued the company...