Word: not-for-profit
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...president knows this better than almost anyone. And nowhere do we see this knowledge at work more than in his careful positioning on the creation of a public option, a not-for-profit, government-run insurance provider. Although there is much to say about budget woes—and rightly so—discussion about a public option not only serves as the fulcrum for legislation, but also speaks volumes about the attitude of the country and where we’re headed...
...With a staff of about 25 employees at Mercury and 10 or so at Fox, Beck Inc. is doing its part to jump-start the economy. And there are ancillary industries feeding on the success of Beck and others like him. Both left- and right-wing not-for-profit groups operate as self-anointed media watchdogs, and one of the largest of these - the liberal group Media Matters for America - has a multimillion-dollar budget. Staff members monitor Beck's every public utterance, poised to cherry-pick the most inflammatory sentences. (Conservative outfits do the same for the likes...
...Great Oscar Giveway, as it is known, is the brainchild of Brian Mullaney, the president of Smile Train, who spent 20 years in advertising before starting the not-for-profit organization. It was his idea to make the documentary and aim for an Academy Award. (Probably not coincidentally, one of Smile Train's publicists used to work for Harvey Weinstein.) Having achieved that, he wants the movie to have a long tail. "Our biggest challenge is awareness. Nobody cares about clefts," he says. "Winning the Oscar was luck, but now that we've won it, it's like a Trojan...
...frozen credit markets caused lenders to shy away from issuing high risk loans. HUECU president Eugene J. Foley acknowledged that the credit union will likely see higher default rates on international student loans. But because the credit union—unlike commercial banks—is a not-for-profit organization, profit maximization for shareholders is not a primary concern. As a result, the credit union is able to offer more competitive rates and arrangements for borrowers. “Everyone shares profits equally through lower rates,” Foley said, explaining that the credit union acts...
...complaint charges Merkin with violations of New York's Martin Act, for fraudulent conduct in connection with the sale of securities, and New York's Not-For-Profit Corporation Law. In the suit, Cuomo is seeking payment of damages and disgorgement of all fees by Merkin, restitution, and other equitable relief...