Word: profit
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...youth. By his 20s he had moved to Los Angeles and founded Bright's California Confections. But he fell into the circle of legendary Christian youth worker Henrietta Mears, and under her influence drafted a contract with the Lord stipulating, in part, "I am your slave." His for-profit work tailed off; but his entrepreneurial bent flourished. In the 1950's, conservative Christian youth had begun an exodus from small bible colleges into liberal arts schools, wildernesses of secularism. Sensing a market, Bright founded Campus Crusade's first branch, at UCLA...
Compared with the frothy content plays of the era, the Standard stood as a solid foundation, pulling in $158 million in ad revenue in 2000--and actually turning a profit, albeit briefly. How could it fold so suddenly? Could the publication that had adroitly skewered all those bogus dotcom business plans have been brought down by the same shortcomings...
...Secretary of Education, but today he travels the nation to preach the home-school gospel. "I'm here to talk about the revolution of common sense," he told a Denver home-schooling conference in June. Working himself up to promote K12, his slick, new, for-profit online school for home schoolers, Bennett even suggested that "maybe we should subcontract all of public education to home schoolers." It was strange to watch a man once responsible for federal aid to public schools urge people to desert them. Imagine if Colin Powell gave a speech saying we should disband the U.S. Army...
...face of deficits and strong competition, hospitals have to look to cut costs. Lowenstein said that since hospitals try to break even on clinical programs, and actually profit from research programs in the form of grants, they have to cut corners when it comes to education...
...board eventually moved to enter into a purchase agreement for $3.3 million with the Cambridge-based Carr Foundation, a non-profit founded by Internet millionaire Gregory C. Carr, a Kennedy School of Government (KSG) alum...