Word: nonprofitability
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...committee. "They not only studied Italian, but attended cultural courses. It's inhuman to do this to them." Other parents and students are flying to Italy to protest in person. "The timing of the ban came as a total and complete shock," says Albert Schrager, 54, whose nonprofit Italo-American Medical Education Foundation has for five years shepherded American medical students into Italian med schools and invited Italian doctors to do research...
...already cut off welfare payments for childless adults capable of holding jobs, Dukakis last week revealed details of a "work experience program" for men with families. Beginning in September, some 2,000 Massachusetts fathers who have been jobless for two years will have to work for a government or nonprofit agency for three days a week, 96 hours a month. The penalty for refusal: denial of the father's share of checks issued under the classification of "aid to families with dependent children." the costliest category of welfare...
John D. Rockefeller Jr. financed the original restoration in 1926 with $11 million and added a $60 million endowment to cover future expenses. Income from that endowment and sales of tickets, gifts and hotel and restaurant services enabled the nonprofit foundation to cover its expenses through its first 49 5 years. But in 1976 Colonial Williamsburg officials expected the Bicentennial celebration to attract a record 1.4 million visitors-v. 1.2 million in 1975-and spent an extra $500,000 to prepare for them. Instead, potential tourists, pinched by inflation and recession and frightened by forecasts of bumper-to-bumper traffic...
...Dean Epps "banned" Southwestern not in the spring of 1975 but in the fall of 1974. He told the single Southwestern representative employed as a recruiter that association of Harvard with commercial companies would compromise the nonprofit status of the University, and asked that he not conduct business on University property. No business has been conducted by a Southwestern employee on university property. No business has been conducted by a Southwestern employee on university property since 1974. Yet, according to the article, "the recruiters' financial incentive is the reason Archie C. Epps III, Dean of Students, banned Southwestern from soliciting...
...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...