It's Open Season On Nonprofits

They call it The Yuppie Y: eight gleaming floors of designer exercise machines, squash courts, an Olympic-size swimming pool, a virtual-reality golf course, and a multimedia Nautilus room right smack in the middle of downtown Washington. You can even get your Guccis polished while you work out. Down the block from the YMCA, editors at the National Geographic Society's posh headquarters stroll about lush gardens when they're not compiling the society's venerated magazine, mailed free to its 9 million members.

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