Word: nonprofitable
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Dates: during 2000-2009
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...gone from being completely unknown to being the hottest coffee origin in 2005," says Schilling, who runs pearl in Rwanda. pearl had to solve farmers' financing issues, too; many can't wait six to nine months between harvest and payment. So pearl partnered with EcoLogic Finance, a Massachusetts-based nonprofit that loans to businesses in Africa and Latin America, to set up financing for the co-ops, which are too large for micro loans. Etienne Bihogo, 36, who works with pearl, notes that the co-ops are also helping drive reconciliation between Hutu and Tutsi farmers. Growers who were once...
Last week a further vote of confidence came from the Samuel H. Kress Foundation, a long-established nonprofit organization concerned with the care and preservation of Italian art. Six of the world's leading conservators of Italian painting (including John Brealey and David Bull, the head painting conservators at New York City's Metropolitan Museum of Art and Washington's National Gallery of Art), having inspected the frescoes at the foundation's behest, reported in an open letter that the "new freshness of the colors and the clarity of the forms on the Sistine ceiling, totally in keeping with 16th...
...from alone. In 2004, Americans took almost $400 billion in cash out of their homes in refinancing and home-equity loans, says David Lereah, chief economist for the National Association of Realtors. People ages 45 to 59 are the most likely to refinance, according to Demos, a nonprofit public-policy organization in New York City. Is refinancing so close to retirement a smart financial move...
PEARL had to solve the farmers' credit-financing issues too. Farmers can't wait six to nine months between harvest and payment. So PEARL partnered with EcoLogic Finance, a Cambridge, Mass., nonprofit that loans to businesses in Africa and Latin America, to set up financing for the co-ops, which are too large for micro loans...
Recovery takes time--five to 10 years in most cases--and there are hurdles and frustrations along the way. "But there is life after a base closure," says Tim Ford, executive director of the Association of Defense Communities, a nonprofit organization that has been advising cities and towns facing closings over the past 30 years. Here is how four communities have coped...