Word: nonprofitable
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Dates: during 2000-2009
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...Programs like Shakti, which successfully mix philanthropy with the bottom line, may show the way forward for companies trying to preserve their CSR programs in the rocky economic climate. Although companies are loath to admit that they are cutting their spending on social programs, nonprofit organizations tell TIME that since the recession hit, several have canceled commitments to help fund projects. "We have had three or four partners pull out since October or November, after we had every expectation of the money," says the head of a small organization in London that runs youth programs in eight countries, mostly...
...wife, Seattle-based freelance journalist Sally Deneen, has been working with several P-I reporters to develop the Seattle Post Globe, a site, she says, that will be devoted to keeping alive what she calls the scrappy, underdog spirit of the paper, either as a cooperative or a nonprofit. Says Deneen: "It just seems, to some of us, at least, that ad-based journalism is sending journalism down the wrong road." Also trying to move into the space created by the demise of the P-I is SeattleCourant.com, launched by University of Washington journalism student Keith Vance. "My guiding principle...
...advertising from news. Trends to watch in 2009, it goes on, include desperate and misguided attempts at bankrolling the news industry, including the idea of micro-payments - one-time, monthly or yearly fees for online access, a model that "was already tried and rejected by users early on" - and nonprofit financing, which is doomed to fail because there simply isn't enough funding there to become a sustainable solution. The report's authors instead suggest the news industry should adopt a "cable model" that draws upon a monthly fee built into Internet access, or the creation of "online retail malls...
...background and Chao’s. “Therefore, it is particularly refreshing to see someone like her.” Chao, a graduate of Harvard Business School, has gone from being a banker to serving as Director of the Peace Corps to becoming President of the nonprofit organization United Way over the course of her career. Her last position was as President George W. Bush’s Secretary of Labor. When asked about acquiring jobs in the midst of an economic downturn, Chao encouraged students to look more closely at public sector positions, predicting that the federal...
...made available to pay for Rubiana's and Azhar's education until they turn 18. A "substantial lump sum" as well as housing will also be given to the children when they complete their studies. The producers have also arranged for a rickshaw to take the children to a nonprofit English-language school, Asheema, for the next eight years, just to make sure they attend. Already there are signs of new affluence in the kids' slum dwellings. Rubiana's house was reportedly fitted with a 32-in. LCD TV screen and a new gas stove...