Word: nonprofitability
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...unskilled labor in the cities. Argues Shriver: "It is cheaper for the taxpayers to pay once to buy a low-income farm family a cow than to pay for milk for the children of that family day after day in the city." A more controversial provision would set up nonprofit corporations to buy up large tracts of land, improve it for efficient farming, then sell the land in economically sized subdivisions to low-income families...
Ready for Sponges. Principal agency for commercial arbitration in the U.S. is the nonprofit American Arbitration Association, founded in New York in 1926 with an imposing list of sponsors, including two future Chief Justices of the U.S., Charles Evans Hughes and Harlan Stone. With branch offices in 18 cities, the A.A.A. last year arbitrated nearly 1,000 commercial disputes. Several industries, including textiles, printing, rubber and shipping, maintain their own arbitration systems...
...United States has already paid me for my services." Three years before he died in 1959, the soldier-statesman agreed to tell his story for nothing. On the condition that his biography would not be published during his lifetime, Marshall gave 52 hours of interviews to a nonprofit foundation created for the sole purpose of documenting the remarkable career of the boy from Uniontown, Pa., who grew up to command more than 8,000,000 men in World...
...Aspen Institute, a 7,800-ft. aerie in the Rockies west of Denver, is a nonprofit resort for the mind-and-muscle renewal of U.S. leaders in business, labor and government. It is the brain child of the late Chicago industrialist Walter Paepcke, creator of Container Corp. and inspirer of its "Great Ideas of Western Man" advertisements. Now chaired and cheered by Southwest Banker-Rancher Robert O. Anderson, the institute has just elected a renowned resident president: Alvin C. Eurich, head of the Ford Foundation's Fund for the Advancement of Education, and inventor of the Aspen Award...
...bill requires that a shelter provide radiation protection for at least 50 people (with 10 sq. ft. per person); thus it does not apply to home shelters. It allocates $175 million to aid state and local governments, schools, hospitals and other nonprofit institutions to build shelters, earmarks another $15.6 million to construct shelters in federal buildings. Said Hèbert about his pro-shelter switch: "I do not know whether it will save a single life, but I am not going to play God and make a determination upon the future life or death of any American...