Word: nonprofitable
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Dates: during 2000-2009
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...these reasons, says Tobias Leenaert, co-director of Ethical Vegetarian Alternative, a nonprofit funded by the regional Flemish government, "it's almost impossible to be against meat reduction. You can argue against vegetarianism, but not against cutting back on meat." That's a view that is gaining traction among those who hope to reshape meat consumption from an animal rights issue into an environmental and public health one. The Johns Hopkins Bloomberg School of Public Health in Baltimore, for example, recently spearheaded a "meatless Mondays" campaign in which it and 28 other public health schools run local outreach programs that...
...difference concerns taxes. As a nonprofit, Harvard receives tax exemptions, deductions, and privileges that for-profit institutions must forgo. For example, besides innovative investing techniques, Harvard was able to build its endowment from $4.7 billion in 1990 to $37 billion in 2008 because it did not pay taxes on those gains. Relative to businesses, the federal government is subsidizing Harvard’s investment fund...
...nonprofit, Harvard also benefits from tax-deductible donations and a significant amount of federal grant money. Last year, Harvard received $651 million in donations. If donations to Harvard were not tax-deductible, this number would be a small fraction of this total. According to Harvard’s Office of Government, Community, and Public Affairs, Harvard received $535 million in federal grants in fiscal year 2008 that accounted for 82 percent of Harvard’s research revenue. Under the federal stimulus package, federal grants to Harvard are expected to increase considerably. Non-federally funded research is made possible through...
...should not treat it like one. We expect Harvard to think of Cambridge and Allston residents and Harvard workers even in times of stress, and the tax breaks are to help Harvard meet those expectations. If they are not met, then Harvard’s status as a nonprofit needs to be reconsidered...
...give an object worth, meaning, significance? Some people learn to create monetary value (of varying degrees of reality or imaginariness—like all those recent graduates blowing hot air into the ballooning moneybags of Wall Street in the earlier part of this decade), others create social value with nonprofit work, others create artistic value through films, plays, and articles. All of these are means of learning to create something well, whether it is a piece of historical writing or a ceramic bowl or a mathematical theorem...