Word: nonprofitability
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...nonprofit Urban Institute recently examined 51 programs aimed at boosting achievement among black youths. Its conclusion? The best results come from long-term programs with intensive (that usually means expensive) services that guide a child into adulthood. Richard Majors, co-author of the study, says; "Our research shows that young men who go through mentor programs and manhood-training programs have higher self-esteem and grade-point averages and are less likely to drop out of school...
...fact, it turns out that being humane actually saves money. Catherine Hawes of the nonprofit Research Triangle Institute estimated that after the 1987 reform legislation was passed, $2 billion was saved by 269 nursing homes from fewer emergency hospitalizations, less malnutrition, a 30% decrease in the use of catheters and a 25% reduction in the use of restraints. Says Sarah Burger of the National Citizens Coalition for Nursing Home Reform: "Operators didn't know until they were forced to stop doing it that the main cause of incontinence and bedsores is being restrained and not being able...
When the sea-cucumber season began in October 1994, things quickly got out of hand. Dozens of fishing boats appeared, drawn by the high price the sluglike creatures fetch in Asia. According to Jack Grove, a Florida-based naturalist and photographer and founder of the nonprofit group Conservation Network International, many fishermen bought their registrations on the black market. By December, park officials estimated, as many as 7 million sea cucumbers had been harvested, far more than the authorized limit of 550,000. There are reports that boats coming to collect the sea cucumbers arrive with prostitutes and drugs from...
PBHA members say they would like to see the student nonprofit organization coexisting with a different corporation--one run by community members who care deeply about PBH's goals...
...hurt depositors. Hamilton fled his own bank in Washington last year after the giant First Union Corp. of Charlotte, North Carolina, acquired it and raised the minimum balance for no-fee checking from $250 to $500. "We couldn't meet that every month," says Hamilton, president of a nonprofit community-development group, who shifted his money to his wife's credit union. Unlike most consumers, Hamilton isn't watching the trend passively. His organization, Community First Inc., is trying to start two local banks to serve areas neglected by the behemoths...