Word: nonprofits
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...weapons of mass destruction. The plants may be especially attractive to al-Qaeda because of the group's fondness for launching attacks that are increasingly spectacular. The vulnerability of the U.S. to terrorism was underscored when members of the 9/11 commission, formally disbanded last summer, resumed work as a nonprofit group last week and heard witnesses say the intelligence needed to prevent another major attack remained spotty...
...suggests that a number of students may take jobs in business initially to develop skills for nonprofit work later in their careers. She also suggests that students may see work with nonprofit organizations as less fit for someone with a Harvard degree...
After fifteen years at the helm of the Harvard Management Company (HMC), Meyer is bequeathing his successor an endowment that makes Harvard the second wealthiest nonprofit in the world, with a net worth larger than some countries...
...It’s difficult to say which [structure] is more successful,” says John Griswold, executive director of the Commonfund Institute, the research arm of a group that manages money for over 1,400 nonprofit organizations...
Another factor that may have drawn away managers from HMC is the visibility of Harvard’s endowment. Because it is owned by a nonprofit, HMC must report the salaries of its highest-paid employees, so the details of top managers’ compensation are openly available...