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The Guardian is owned by a nonprofit trust, and Mr. Rusbridger acknowledged in his speech that it lost money.
Two of the 178 acres that the nonprofit trust owns throughout the town are next to the Stefanonis' house.
A public-private partnership, the nonprofit Trust for the National Mall, is also working to improve it and aims to raise $500 million in about five years.
A nonprofit trust that is meant to represent the interests of Varig's 15,000 employees, the foundation has a long history of involving itself in the management of the airline and vetoing financial plans that would entail giving up control.
Today, a committee of the State Legislature described an outline of the nonprofit trust that could, with the city and the state, oversee the management of the future open space.
Although the land set aside is usually controlled by a nonprofit trust, it is meant for the development's homeowners to enjoy, and in some cases, for their recreational use.
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Union officials argued that the nonprofit trusts were independent from city government and therefore not subject to public disclosure requirements.
Union leadership seemed to give the OK for city officials to audit use of ratepayer money by two nonprofit trusts.
The standoff involves two nonprofit trusts created more than a decade ago to improve labor-management relations at the DWP and to advise agency managers on training and safety issues.
An on-again, off-again audit of two controversial Los Angeles Department of Water and Power nonprofit trusts is set to resume, City Controller Ron Galperin announced Friday.
The nonprofit trusts, the Joint Training Institute and the Joint Safety Institute, were created in the early 2000s after a contentious round of job cuts at the city-owned utility.
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