Word: nonprofiteers
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Dates: during 2000-2009
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...five men spent $138,000 in Virginia that autumn, according to state records compiled by the nonprofit Virginia Public Access Project. Of that, $48,000 went directly to the candidates Ebbin recommended. Ebbin got $45,000 for his PAC, the Virginia Progress Fund, so he could give to the candidates himself. Another $45,000 went to Equality Virginia, a gay-rights group that was putting money into many of the same races...
...could lead to devastating outcomes if a lack of skilled workers leads to more industries heading overseas and more Americans facing poverty and crime-ridden streets. "We are letting every other country surpass us in educating children," says Marguerite Kondracke, president and CEO of America's Promise Alliance, a nonprofit dedicated to improving education. "It's a risk not only to our economy, but our national security as well...
Parents, get ready to start stressing out even earlier about whether your kid will get into a good college. The College Board, the nonprofit that owns the PSAT and SAT, on Oct. 22 unveiled a new exam designed to assess eighth graders' readiness for high school and college courses. The two-hour test, known as ReadiStep, will launch next fall, using a multiple-choice format divided into sections that evaluate students' reading, writing and math skills...
...ByDesign Financial Solutions, a debt-counseling service in Modesto, Calif., they're working overtime these days. "Our call volume went up 97% in the past five weeks, which has left us scrambling," says Martha Lucey, president of the nonprofit agency. "[The callers] are close to the max on their credit cards, and they just can't figure out how to manage. We've seen credit-card companies decreasing lines of credit, and the [debtors] don't have any room left. They just can't juggle things like they used...
Members-only nonprofit credit unions are having their turn in the sun as years of sticking to boring, old-fashioned banking practices - they typically hold the mortgages they make on their own books and only dabble in subprime - put them in a position to grab market share while national banks, auto finance companies, credit-card outfits and private student-loan firms cut back on loans. "In good times, you'd say these guys are much too conservative," says George Hofheimer, chief research officer of the credit-union-focused Filene Research Institute. "But in times like these, it's just what...