Word: nonprofitability
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It’s time that the U.S. government and universities work together to help students to give back. In March of this year, Harvard Law School announced a new program to waive tuition for third year students who spend five years working for nonprofit organizations or the government. Though the program received little press coverage, it merits a great deal of praise since not all roads should lead to lucrative private sector jobs. Programs like these are an important step towards eliminating a socioeconomic barrier to entry for public service. Significantly, it also incentivizes the best and the brightest...
...power, a black politician trounced in the black heartland, an outsider in the tribal world of Chicago politics. His long absences from home had angered his wife. "He was very dejected when it was over," said Mikva, "and thinking of how else he could use his talents." When a nonprofit group dangled a high-paying job, as director, Obama was so nervous--for fear that he might get it--that his hands were shaking on the way to the interview, a former aide reported...
...m.p.g. Instead, they'll be heading to Amish country in nearby Pennsylvania. Other families ditch the car once they've arrived. Brad Smith of Portland, Ore., is taking his two kids, ages 7 and 8, on a three-day bike ride along the southern Oregon coast sponsored by a nonprofit group called Cycle Oregon. Smith, 45, says exercising as a family is a new priority. Bonus: "I can have a beer at the end of the day, and I don't feel guilty about...
...there is an ongoing discussion about whether nonprofit institutions, particularly large ones like Harvard, pay their fair share because they are tax exempt,” he said...
Widmer, who holds a PhD in economics from Harvard, said that he believes that nonprofit endowments should not be taxed. He said a tax could disincentivize alumni giving because donors may not want their donations to go to the state...