Word: nonprofitability
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Last year, with funds from the book industry, Satenstein and a small group of colleagues started a national crusade to sell the reading habit. He organized the nonprofit Library Club of America, Inc. in Manhattan, hired Reading Specialist Frank Jennings of New Jersey's Bloomfield Junior High School to run it. Last fall the club began with experimental chapters in three of Manhattan's Lower East Side public schools. As the months passed, the movement spread to New Jersey, then started west. This week, after only a year of operation, the club has thousands of boys and girls...
Facts Forum billed itself as a "nonpartisan, nonpolitical educational organization." But in its monthly Facts Forum News (reported circ. 100,000), a clutter of radio and TV shows, e.g., Reporters' Roundup, Topic of the Week, and widely distributed "public-opinion" polls, Hunt's nonprofit-and tax-free-foundation promoted a far-right, McCarthyist line that saw "dangerously radical tendencies" in the Republican Party (TIME, Jan. 11, 1954). As he folded all the projects, paid off employees and bought up outstanding contracts, publicity-shy Hunt kept mum as usual. But his programs were plainly victims of acute public indifference...
PORK PRICES will be boosted by new Government buying program. Including current lard purchases, Agriculture Secretary Ezra Taft Benson will make $100 million available immediately to buy pork for school-lunch programs and other nonprofit uses. As result, pork prices, which had slipped below $15 per hundredweight for first time since March, spurted ahead last week to $15.50 per hundredweight...
...Stars. Taylor's plan involved putting a full two years of college on TV. With School Superintendent Benjamin Willis, he decided to work through the city's four junior colleges, whose teachers would start out by giving four freshman courses over WTTW, which is owned by the nonprofit Chicago Educational Association. Viewers could take one course or all four, could work for credit (and an Associate of Arts degree) or merely audit. The response was greater than even the most optimistic officials anticipated. When the nation's first TV college began this fall...
...opposed the Boer War, losing almost a quarter of its circulation and requiring its reporters to take police escorts to work; it fought for Irish home rule when anti-Irish riots threatened in Manchester; it opposed Britain's entry into World War I. Under Wadsworth the paper, a nonprofit-making trust, switched its support from Labor to Tories as it deemed fit, fought British policy on Cyprus and Suez, roasted the U.S. for McCarthyism. It is a strong supporter of Adlai Stevenson, is cool toward the Eisenhower Administration and often angrily critical...