Word: nonprofitability
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...much progress has been made in desegregating Southern schools since the U.S. Supreme Court's decision two years ago? Last week the nonprofit, nonpartisan Southern Education Reporting Service published a survey that leads to only one conclusion: progress has been slow-and anything but sure...
These strong words came this week from the respected, nonprofit American Institute of Management* after a three-month study of G.M.'s published figures. The survey was the idea of A.I.M.'s founder-president, Jackson Martindell, a hardheaded businessman himself, who has been president of Fiduciary Counsel (investment counselors) and Fiduciary Management (an investment trust), last month won control...
...great fountainhead of arbitration is the nonprofit American Arbitration Association, founded 30 years ago with the help of Charles Evans Hughes, Herbert Hoover and Banker Felix Warburg. With a $500.000 budget, mostly contributed by large corporations, plus modest fees ($25 per day in labor cases, from one-tenth of 1% to 1.5% of the disputed amount in commercial cases), dedicated A.A.A.ers handle about 2,500 disputes a year, 80% of them labor cases, boast that never has an aggrieved party walked out of the hearing room...
...Just Like Us." Report was to be a series of six half-hour filmed documentaries, to be presented by the BBC-TV in cooperation with the U.S. Information Agency. The series was farmed out to NBC, which took it on a nonprofit basis. London-born Staffer Don Cash, 46, was assigned to produce and direct it, NBC Washington Correspondent Joseph C. Harsch to do the narration. Said Cash, an old and practiced British movie hand: "We quickly decided that the best way to inform is to entertain. That meant that each subject would be taken seriously, but treated lightheartedly...
...their own big laboratories often hand over research projects to scientific contractors such as Boston's famed Arthur D. Little Inc. (1955 gross: $11 million), whose 800-man research staff has developed products ranging from rubber cement to a better instant coffee. Research is also farmed out to nonprofit institutions and universities, which, before World War II, had a virtual monopoly on basic research...