Word: nonprofitability
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...knows exactly how many public relations men there are at the moment; the Public Relations Society of America estimates that there are 100,000, not counting the bulk of Government p.r.s. About 60% of them are on the staffs of business firms, 10% work for nonprofit organizations, and 30% work for independent p.r. companies. Among other indicators of growth, the New York City Classified Directory listed ten public relations consultants in 1935; today there are 735. A decade ago, 136 colleges and universities offered at least one course in the subject; today there are about 280, and 20 of them...
...margin of 232 to 171, the House froze new commitments to a pet Administration scheme to subsidize the rents of poor families in privately owned, nonprofit housing projects. The White House had requested $40 million for fiscal 1968, saw that figure cut to $10 million by the Appropriations Committee and then to zero on the House floor. The Republican-led opposition came close to garroting the model-cities program as well. President Johnson had requested $662 million for his showcase exercise in creative federalism, which is aimed at encouraging cities to draw up their own plans for the rehabilitation...
Before the Government taxes the public into depression with added taxes, surtaxes and higher taxes, these profiteering nonprofit organizations should be made to pay their share of taxes the same as any other business-which is what churches have become...
Percy's plan-a major plank in his 1966 Senate campaign-calls for the establishment by the Federal Government of a nationwide, nonprofit, private housing federation that would buy and rebuild slum dwellings, then sell them to low-income families on a unit-by-unit basis, thus giving the man in the slum a stake in his own neighborhood. Working from a base of a threeyear, $60 million Government outlay and $2 billion in federal debenture bonds, the plan would ultimately generate up to $1.3 billion in rehabilitated housing...
...demand-the Caravelle jet and the Alouette helicopter. But Héreil had almost no aides capable of coping with the global market. "It was really difficult," he says, "to find executives who understood how to deal with people from other countries." Out of that experience has grown a nonprofit business school with the novel purpose of training rising managers of international companies in how to avoid money-losing blunders in foreign lands...