Word: payouts
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...missed the mark with the title "Pilfering Priests"-it should have been "Plundering Priests." My wife and I left the Roman Catholic Church after its hypocritical handling of the sexual-abuse scandals. We were tired of wondering to which lawsuits our contributions were being directed as a payout to another victim. Now it comes to light that priests, as you describe, are "living as hedonistically as Renaissance Popes" by stealing the contributions made by their hardworking parishioners. It makes one wonder when the leadership of the church will wake up and allow priests to marry, so they can enjoy life...
...missed the mark with the title "Pilfering Priests"--it should have been "Plundering Priests." My wife and I left the Roman Catholic Church after its hypocritical handling of the sexual-abuse scandals. We were tired of wondering to which lawsuits our contributions were being directed as a payout to another victim. Now priests, as you describe, are "living as hedonistically as Renaissance Popes" by stealing from the contributions made by their parishioners. When will the church wake up and allow priests to marry, so they can enjoy life with a companion as God and nature intend...
...warren of old repair shops and warehouses in El Segundo, Calif., an area with a long aerospace history. He plans to move soon to nearby Hawthorne, into a cavernous plant that once turned out 747s. He has set aside half of his $200 million PayPal payout and has hired close to 250 people, from such outfits as Boeing and Grumman as well as from Silicon Valley...
...budget proposal. That cut would include eliminating the Supplemental Educational Opportunities Grant, which supplements the neediest of Pell Grant recipients. According to Vice President for Finance and Chief Financial Officer Elizabeth Mora, the proposed budget will likely not affect Harvard undergraduates. “Much of the strategic endowment payout from last year will be used to supplement financial aid so the impact may not be too great, but we’ll need to see the final numbers,” Mora said. Currently 700 undergraduates receive Pell Grants at Harvard, and parents who earn incomes less than...
...billion—more than double Harvard’s—when Buffett’s pledge of $31 billion is realized, will direct the money toward promoting global health and development, according to its Web site. To accommodate the new schedule, the foundation will ramp up its payout, aiming to spend $3.5 billion per year beginning in 2009 and continuing through the decade, as compared to $1.3 billion spent last year, according to its Web site. It has committed itself to grants totaling $11 billion in its seven years of existence thus far. The Gates Foundation has already...