Latest Philanthropy News
Trump's campaign crowdfunded millions online in an untraditional approach to emergency relief
NEW YORK (AP) — Former President Donald Trump's campaign is using GoFundMe to rally its network of deep-pocketed backers and everyday donors around the survivors of his July assassination attempt and Hurricane Helene's destruction, bucking more traditional avenues of emergency relief. ...
Expect employers to get more picky about who you see for care
A health care spending surge looms in the new year, and Business Group on Health is helping employers understand it. The nonprofit found in a recent survey that large employers expect the cost to treat patients will jump nearly 8% next year before they make coverage changes to...
Profiles in clean energy: Once incarcerated, expert moves students into climate-solution careers
PHILADELPHIA (AP) — Inside a converted warehouse in one of Philadelphia’s poorest neighborhoods, students circle around Jackie Robinson as he quizzes them about a 1980s furnace. Although they'll encounter older equipment like this, the program is cutting edge, aimed at training people to work...
Documents show OpenAI's long journey from nonprofit to $157B valued company
Back in 2016, a scientific research organization incorporated in Delaware and based in Mountain View, California, applied to be recognized as a tax-exempt charitable organization by the Internal Revenue Service. Called OpenAI, the nonprofit told the IRS its goal was to “advance...
Changing OpenAI's nonprofit structure would raise questions about its future
NEW YORK (AP) — The artificial intelligence maker OpenAI may face a costly and inconvenient reckoning with its nonprofit origins even as its valuation recently exploded to $157 billion. Nonprofit tax experts have been closely watching OpenAI, the maker of ChatGPT, since last...
AP PHOTOS: Powerful Hurricane Milton destroys homes, shreds stadium roofs apart
Many Florida residents were returning to their homes Thursday after Hurricane Milton pummelled the state, the second major hurricane in two weeks. Millions of people in several counties had been ordered to evacuate earlier this week as Milton approached. In Palmetto,...
Taylor Swift donates $5 million toward hurricane relief efforts
Taylor Swift has donated $5 million to Feeding America to support relief efforts in the aftermath of Hurricanes Helene and Milton. The nonprofit announced the pop star's donation Wednesday with a “Thank You” graphic resembling a friendship bracelet, a favorite accessory that...
How to help people affected by Hurricane Milton
Communities in Florida still reeling from the impact of Hurricane Helene are now also grappling with the still-unfolding damage from Hurricane Milton. The storm crashed into a community south of Tampa, drenching counties with torrents of rain, downing power lines and bridges and kicking up...
Climate solution: Form Energy secures $405M to speed development of long-awaited 100-hour battery
Form Energy, a company that is beginning to produce a longer-lasting alternative to lithium batteries, hit a milestone Wednesday with an announcement of $405 million in funding. The money will allow Form to speed up manufacturing at its first factory in Weirton, West Virginia and...
Head of international shipping regulator says industry must do more to cut carbon pollution
HAMBURG, Germany (AP) — For years, the international shipping industry has been criticized for making little progress in reducing the carbon-belching pollution released from the fuels that vessels use in moving most of the cargo that people use every day, such as food, cars and clothing. ...
