Re: [sixties-l] Re: Nader and union-busting

From: John Andrew (J_Andrew@acad.fandm.edu)
Date: Thu Jun 29 2000 - 14:32:51 CUT

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    > Did nonprofits and NGOs grow out of the sixties--or out of pacification
    >monies, and how? Does anyone know?
    >Paula

    Paula,
            If you mean by nonprofits tax-exempt foundations, then they really
    exploded in the 1950s and early 1960s - with a subsequent explosion on the
    Right in the 1980s. This became a hot issue for Congressman Wright Patman
    (D.-Texas) in the early 1960s, and he launched a moderately successful
    effort to curb many of the abuses - whereby individuals with large
    corporations created foundations and then "sold" the foundation all stock
    in their corporation - avoiding all taxes - the best example of this
    occurred, I believe, in the 1930s when Henry Ford did this to create the
    Ford Foundation - Howard Hughes did it in the mid-1950s - as have others.
    John

    John Andrew email: J_ANDREW@ACAD.FANDM.EDU
    Department of History fax 717-399-4518
    Franklin and Marshall College
    Lancaster, PA. 17604-3003

    "Fantasy Will Set You Free" - Steppenwolf



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