Word: nonprofits
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Dates: during 1990-1999
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While a Senate committee last week approved legislation that would authorize the FTC to regulate the profiling of children, the agency seems willing to let the industry clean up its own act with regard to adults. Enter TRUSTe, a nonprofit group that has persuaded 270 of the Web's most popular sites to post and abide by statements telling what data they collect from visitors, how they use that data and how visitors can restrict that use. Web leaders such as America Online, Microsoft and Netscape plan an announcement this Wednesday to address privacy concerns...
...push the price of even a steerage seat to $100,000. Instead Aldrin prefers a concept that airlines using wide-body planes embraced long ago: carry lots of people at once and drive down the per-passenger cost. To get such an orbital airbus flying, he founded ShareSpace, a nonprofit company designed to help fund and promote mass-market space travel. ShareSpace's vision for cosmic tourism includes Earth-orbiting ships carrying as many as 100 people and clusters of modules that could act as orbiting hotels. "All we have to do," Aldrin says, "is use existing rocket technology...
...unheard of at Harvard. Both the Kennedy School of Government and the Law School have loan forgiveness plans to help students not entering high-paying jobs. The Kennedy School grants eligibility for loan forgiveness to students "engaged in qualifying public service positions, employed by a governmental or nonprofit organization and receiving a salary of no more than the limit which is announced annually." Likewise, the Law School states that its program "seeks to ensure freedom of job choice within the legal profession by providing loan repayment assistance to our graduates who take full-time, low paying, law-related jobs...
Buffett often claims to be uninterested in money, but he has been uneven about sharing it. He gives freely to environmental causes and has a foundation that donates $1 from every concert ticket to grants for nonprofit agencies in the cities where he plays. At the same time, his band, though well paid, has long griped about having no pension plan. Buffett is now creating one for his veteran sidemen...
Many workers at small businesses will soon have the option of banking at a credit union, thanks to a bill the President signed last week. Under the guidelines, which overrule a Supreme Court decision, groups of workers from different companies can join the same credit union. The nonprofit financial cooperatives offer better rates on savings and loans to 73 million Americans...