Latest Nonprofit business and finance News

Phoenix grapples with some of nation's fastest-rising rents

Dec. 16, 2019 1:13 AM EST

PHOENIX (AP) — Aspen Day-Flynn and her boyfriend, Travis Tolin, were thinking of moving back to her native Washington state this fall when their Phoenix landlord helped give them the push. The monthly rent on their two-bedroom house jumped from $1,000 to $1,500 because the owner planned to renovate....

Soros attacks in impeachment saga spark anti-Semitism debate

Dec. 11, 2019 3:27 PM EST

Near the end of a marathon impeachment hearing in the House of Representatives last month, former White House national security aide Fiona Hill tied conservative jabs at George Soros to “the longest-running anti-Semitic trope that we have in history.” Anti-Soros theories amplified by conservatives...

Brazil’s president criticizes DiCaprio over Amazon fires

Nov. 29, 2019 8:52 PM EST

RIO DE JANEIRO (AP) — Without offering proof, Brazilian President Jair Bolsonaro on Friday said actor Leonardo DiCaprio had funded nonprofit groups that he claimed are partly responsible for fires in the Amazon this year. Bolsonaro’s remarks about the American actor were part of a wider government...

Publisher says he’s hearing interest in nonprofit turn

Nov. 29, 2019 7:13 AM EST

NEW YORK (AP) — The publisher of the nation’s first daily newspaper to be granted nonprofit status says he’s since heard from a “few dozen” lawyers and news executives curious about whether the Salt Lake Tribune’s approach could work elsewhere. Tribune publisher Paul...

Judge fines Trump $2 million for misusing charity foundation

Nov. 8, 2019 11:23 AM EST

NEW YORK (AP) — A judge Thursday ordered President Donald Trump to pay $2 million to an array of charities as a fine for misusing his own charitable foundation to further his political and business interests. New York state Judge Saliann Scarpulla imposed the penalty after the president admitted to a...

Salt Lake Tribune gets IRS approval to convert to nonprofit

Nov. 4, 2019 6:39 PM EST

SALT LAKE CITY (AP) — The Salt Lake Tribune hopes its new status as a nonprofit will ensure its long-term viability in an industry in crisis — and other newspapers suffering amid the same declines in advertising and circulation revenues are expected to be watching closely. The newspaper will be...