Word: surpluses
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...color may be crimson, but the University stayed out of the red this year.Amidst rising expenses and concerns about future revenue growth, Harvard maintained its financial footing this year, the University announced yesterday in its annual report for fiscal year 2006.But the University’s reported operating surplus of $100,000 on $3 billion in revenue was markedly lower than last year’s $44 million surplus. This year, the rise in expenses outpaced revenue growth by two percent, in contrast to even revenue growth and expenses the previous year. The report highlighted several causes for the increase...
Necessity, that great mother of invention, played her role in the creation of DeepStream Technologies. Chief executive Mark Crosier and his core team found it necessary to get work in 2003 after losing their jobs. They became surplus to needs when Eaton Corp., an electrical company based in Cleveland, Ohio, bought the part of Delta Corp. where they worked. "Our whole team was severed in a redundancy, and we decided to design and build a business rather than all pursue our separate ways," recalls Crosier...
...mothers who have lost children to donate their milk in an effort to help some of the world's most vulnerable children. The Madison Cassady Program is a part of the larger International Breast Milk Project, which helps feed children orphaned by HIV/AIDS in Africa with surplus breast milk from mothers...
...same position," says Youse. She established the International Breast Milk Project in May, sending about 23 gallons of tested and pasteurized frozen breast milk to Africa; DHL agreed to make the delivery free of charge. Within six months, 300 mothers from across the U.S. applied to donate their surplus milk...
...budget at a meeting last night, just four months into this fiscal year. In 2004-2005, the district established the School Debt Stabilization Fund in order to offset the unexpected costs of future projects. Because of past budget allocations and interest income, the district expects to have a budget surplus for the current fiscal year, which began July 1. Superintendent Thomas Fowler-Finn presented members with a list of 10 items—including computer upgrades, professional development training for teachers, and special education technology software—totaling over $800,000. While some committee members supported the proposal...