Student Loan Nonprofit a Boon for CEO
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Two decades ago, a young accountant pioneered the now-$17 billion-a-year private student loan industry through a tiny nonprofit company with a noble goal: helping students pay for college.
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More and more people are forming charitable investment clubs to research, socialize, and give.
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Founder and CEO David Kalt takes a bow.
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Â· More than 250,000 will eventually benefitÂ· Graduates to be allowed loan repayment holidays
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The loan servicer is raising some serious cash.
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Blog: Founding CEOs often outlive their effectiveness. Boards seem reluctant to carry out their primary function: hiring and firing the CEO.
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Former Lesley University president Margaret A. McKenna has a new post: Running the philanthropic arm of megaretailer Wal-Mart Stores Inc. The Bentonville, Ark., company said yesterday it hired McKenna to run its foundation, which last year doled out more than $270 million to charities.
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When Genesio Morlacci left &#36;2.3 million to a small college here, many people were astonished at the wealth amassed by a man who operated a dry-cleaning shop and later worked as a part-time janitor in retirement. But to those who knew Morlacci well, his bequest came as no surprise.
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Although Bill Gates&#039; massive philanthropic foundation tends to get the most attention for its efforts to transform education, the company he co-founded also is paying close attention to the world of academia.
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Sometimes the best way to do good is to use a little entrepreneurial spirit.
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Millionaire businessman's cash goes to academies.
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It's almost Labor Day, the end of vacation season. But before fall sets in, I'd like to revisit one of this summer's biggest financial stories: Warren Buffett's decision to donate $38 billion of his Berkshire Hathaway stock to charity, most of it to the Bill & Melinda Gates Foundation.
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Nonprofits and private and public businesses of all sizes are turning to temporary finance chiefs.
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New CEO brings passion and an eclectic background to help him chart a new course for the Linux vendor.
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When John Edwards pursued his crusade against poverty in 2005, he created a nonprofit center that allowed him to maintain a high profile &#151; and avoid the legal scrutiny of presidential candidates.
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Every corner of society today reminds us how a good education can open the door to countless opportunities. One of those, it turns out, is a greater chance of being your own boss.
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Investors will be getting a lot more information about CEO pay and perks this year.