Word: nonprofitable
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Dates: during 2000-2009
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...while. So after Katrina struck the Gulf Coast and Bush 43 called on them to set forth once more, the two men said yes but told the President they wanted to do it differently this time. Instead of directing others to charities, they would create their own nonprofit fund so donations could be sent directly to their offices in Houston and New York City or through the government website usafreedomcorps.gov They called it the Bush-Clinton Katrina Fund...
...that point, Bono was relying on an improvised staff of Drummond and Lucy Matthew, another Brit from the nonprofit world, who would meet him wherever U2 was playing and open a policy desk at the local Kinko's. "He told us he was in this cause for life," says Matthew, "and it was time to become a real organization." Bob Geldof, one of Bono's closest friends, came up with the name DATA, a double acronym meant to position the group as a nexus between the nonprofit development world (debt, AIDS, trade, Africa) and the results-oriented political world (democracy...
...first, Bill and Melinda focused their international giving on population control and reproductive health. But soon they learned that better health leads to smaller populations. In 1998, Bill Sr. came across a progress report from the International AIDS Vaccine Initiative, a small nonprofit organization, based in New York City, working to speed the search for a vaccine. In the margins, he wrote a note to Bill and Melinda: "I don't know what we can do about this. But if this isn't what philanthropy is for, I don't know what is." Bill sent back a one-word reply...
...Bill, Melinda and Patty began to do things they had sworn they would never do. Although as a nonprofit they are forbidden to lobby for legislation, they are allowed to "educate." They opened an office in Washington and began meeting with politicians all over the world, including British Prime Minister Tony Blair, former German Chancellor Gerhard Schröder, French President Jacques Chirac and U.S. Secretary of State Condoleezza Rice...
...nonprofit educational institution, the University is exempt from property taxes. Because Harvard’s acquisition of the Arsenal would remove the land from the tax rolls, Watertown faced the prospect of losing a substantial amount of revenue—one-third of its entire commercial tax base—from a site that it had spent a decade redeveloping...