Word: nonprofits
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Dates: during 1990-1999
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...Emporio Armani store on Fifth Avenue in downtown Manhattan. There's a benefit here tonight for the Refugee Project, a nonprofit organization Lauryn Hill founded to encourage social activism among urban youth. Hill is here, and the cameras are flashing. Her musical performance on Saturday Night Live has boosted her album back to the upper reaches of the charts. In a few days she will receive 10 Grammy nominations, the most ever by a female artist...
...struggled for decades before achieving celebrity with a role in a historic 1971 public-service spot for Keep America Beautiful. (Later he made a sequel.) As the American Indian who sheds a tear at the sight of a landscape littered with garbage and polluted by smoke, Cody brought the nonprofit group unprecedented attention and support. In 1996 a New Orleans newspaper alleged he was of Italian descent--a charge Cody vigorously denied...
Aside from their headline-grabbing size, those gifts reflect changes in the character and aims of big-money philanthropy. While there are still benefactors who hand wads of money to nonprofit institutions to disburse as they wish, today's philanthropists are more likely to approach charity with the same hands-on management they bring to their businesses and stock portfolios. Says H. Peter Karoff, head of the Philanthropic Initiative, a consulting firm that helps wealthy clients donate like investors: "The hard look at the management of charitable groups, the scrutiny of how an organization makes an impact--all those things...
Currently, universities are exempt from property taxes under Massachusetts law because of their educational and nonprofit status...
...thing, authors don't feel the same pressure to sell lots of books. HU Press is a nonprofit business, and academic books aren't expected to sell much...