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...while. So after Katrina struck the Gulf Coast and Bush 43 called on them to set forth once more, the two men said yes but told the President they wanted to do it differently this time. Instead of directing others to charities, they would create their own nonprofit fund so donations could be sent directly to their offices in Houston and New York City or through the government website usafreedomcorps.gov They called it the Bush-Clinton Katrina Fund...

Author: /time Magazine | Title: When Opposites Attract | 12/19/2005 | See Source »

...that point, Bono was relying on an improvised staff of Drummond and Lucy Matthew, another Brit from the nonprofit world, who would meet him wherever U2 was playing and open a policy desk at the local Kinko's. "He told us he was in this cause for life," says Matthew, "and it was time to become a real organization." Bob Geldof, one of Bono's closest friends, came up with the name DATA, a double acronym meant to position the group as a nexus between the nonprofit development world (debt, AIDS, trade, Africa) and the results-oriented political world (democracy...

Author: /time Magazine | Title: The Constant Charmer | 12/19/2005 | See Source »

...marshal program cite the shooting as evidence that the agents should not be armed in the first place. "The idea that putting a gun on an airplane makes the public safer--that simply isn't true," says Kristen Rand, legislative director of the Violence Policy Center, a nonprofit gun-control group. An investigation is being conducted by the Miami-Dade police. But right now, the one person taking blame is Alpizar's wife. "He didn't want to get on the plane," passengers heard Buechner say after the shots were fired. "My husband is dead. It's all my fault...

Author: /time Magazine | Title: Death on the Jetway | 12/12/2005 | See Source »

...nonprofit educational institution, the University is exempt from property taxes. Because Harvard’s acquisition of the Arsenal would remove the land from the tax rolls, Watertown faced the prospect of losing a substantial amount of revenue—one-third of its entire commercial tax base—from a site that it had spent a decade redeveloping...

Author: By Paras D. Bhayani, CONTRIBUTING WRITER | Title: With Harvard Help, Arsenal Site Thrives | 12/12/2005 | See Source »

Some call the nonprofit organization that holds the hands of million-dollar business entrepreneurs crazy, but Endeavor CEO and co-founder Linda Rottenberg says, "That's when you know you're on the right track." Endeavor's 236 entrepreneurs so far--from Latin America and most recently from South Africa--would agree. Endeavor's approach of "catalyzing entrepreneurship," by merging microcredit and private equity with consulting support networks, is part of a broad effort to foster entrepreneurship in the developing world. Endeavor and others hope the companies they nurture will serve as examples for others to follow. So far, Endeavor...

Author: /time Magazine | Title: SMALL BUSINESS: Better Than Charity | 12/11/2005 | See Source »

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