Word: nonprofiteers
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Dates: during 2000-2009
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...Gihan Perera, that's just one example of how federal and state governments are missing a great opportunity to use the stimulus to aid the poor and minority communities hardest hit by the Great Recession. Perera, director of the nonprofit Miami Workers Center (MWC), is among a number of antipoverty activists closely examining which communities and contractors are getting stimulus dollars, and so far he says the picture doesn't look bright for already marginalized "low-opportunity" zones and minority-owned firms. The lion's share of road and other construction work in Florida has gone to venues like airports...
...student tuition rose from just over one-third to nearly one-half at public four year institutions across the country. "Students are paying more and getting less in the classroom," says Jane Wellman, author of "Trends in College Spending," a report by the Delta Project, a Washington, DC nonprofit that tracks postsecondary education costs. The amount of money spent on instruction has declined at all institutions - public and private -since...
...higher yields of BABs have made muni bonds more attractive to pension funds and other nonprofit (i.e., tax-free) investors. And that new demand is driving down the yields on traditional muni bonds because there are relatively fewer of them issued. BABs, unlike traditional munis, are taxable. For most individual investors, the interest-rate difference is a wash - a high net worth investor would owe the extra yield they get from the BAB back in taxes, so they'd wind up with roughly the same after-tax yield as if they had bought a lower-yielding tax-free muni...
...excursions are designed to connect tourists with the communities they visit. "When done correctly, these programs can also help maintain the natural environments that are the draw for particular regions of the world," says Kara Hurst, a top executive at Business for Social Responsibility, a nonprofit that develops corporate-social-responsibility initiatives...
...started falling ill during the Vietnam War. The treatment caught on in Vietnam as a crushed powder, and after the drug reduced the malaria death toll in Vietnam 97% from 1992 to 1997, it was touted as the miracle drug that could save people everywhere from the disease. A nonprofit drugmaker in San Francisco hopes that by 2012, it will help put a synthetic artemisinin on the market at a fraction of the cost of harvesting the wormwood herb...