Word: profit
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Dates: during 1990-1999
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...believe it is only ethical that PBHA Inc. govern itself as is expected of a non-profit corporation--that is, with a Board of Trustees openly responsible for overseeing the best interests of the corporation," he said in the letter...
These sessions were facilitated by a professional non-profit management consultant and were attended by myself, Anne Peretz, Arnold Hiatt, Frank Duehay, Ken Reeves, Henry Fernandez, Robert Kiely, Ali Asani, Bill Graustein, Judith Kidd, and appropriate student leadership. Ultimately this committee approved a plan with a 15 to 1 majority--Graustein opposing--which was submitted to the undergraduate PBHA Inc. governing board and approved. It called for an elected PBHA Inc. Board of Trustees comprised of students and non-students--with the non-student membership to be recruited in roughly equal parts from human service, donor, alum, academic, and Harvard...
...questions at hand remain the old ones: who is ultimately responsible for the administration and governance of programs functioning under the 501(c)3 structure of PBHA Inc.? I believe it is only ethical that PBHA Inc. govern itself as is expected of a non-profit corporation--that is, with a Board of Trustees openly responsible for overseeing the best interests of the corporation. Such boards are reasonably expected to set policy, to employ an Executive Director, and to raise money--in short, to be able to manage their own affairs. Should a board prove unable to do as much...
...lead the development of RU-486 before it was acquired by Hoechst, will market the drug worldwide through a new company, he said he will not do business in the U.S. Once the drug wins approval, it will be distributed by The Population Council, a New York-based non-profit that received the U.S. patent from Roussel-Uclaf in 1994. According to a Hoechst representative, the pressure applied by the groups made continued ownership of the patents potentially disastrous in an international market place. Last week's threatened boycott by the Washington-based National Right to Life Committee of Hoechst...
...nearly ten percent), I decided to do a survey of my own in the dining hall. I gave my housemates the chance to suggest their own ideal use for the space. The only requirements: it had to draw students and it had to (a novel idea!) turn a profit...