Latest Nonprofit business and finance News

Giving Tuesday offers needed boost to Delaware nonprofits

Dec. 04, 2021 10:43 AM EST

DOVER, Del. (AP) — Nonprofit organizations throughout Delaware have been hit hard by rising prices on their necessary items, such as gas for Meals on Wheels’ vehicles or Habitat for Humanity’s construction materials. That’s why Sheila Bravo, the president and...

Donations improve how kids learn amid ongoing COVID concerns

Dec. 02, 2021 13:46 PM EST

When COVID-19 forced Claire Mansur to teach her fourth-grade reading students online instead of in the classroom, she thought about giving up as a teacher. Students at Gladstone Elementary School in Kansas City, Missouri, which serves a large population of immigrants and...

RI nonprofits eligible for $4.5M in COVID-19 response grants

Nov. 29, 2021 12:10 PM EST

PROVIDENCE, R.I. (AP) — Rhode Island nonprofits that have been playing a critical role in the state's response to the coronavirus pandemic are now eligible to apply for a portion of $4.5 million in federal relief funding, Gov. Dan McKee and the Rhode Island Foundation announced Monday. ...

Nonprofit to redevelop bank damaged during Floyd protests

Nov. 23, 2021 11:44 AM EST

MINNEAPOLIS (AP) — A Minneapolis bank that was badly damaged during protests over the death of George Floyd is giving the property to a nonprofit developer to build affordable housing, commercial space and a home for cultural organizations. The 2.4-acre U.S. Bank site,...

Defense contractor agrees to repay government $3.5M

Nov. 22, 2021 14:56 PM EST

BOSTON (AP) — A Massachusetts-based nonprofit research company and defense contractor has agreed to pay nearly $3.5 million to resolve allegations that it improperly overcharged the federal government for some U.S. Navy contracts, federal prosecutors said Monday. ...

Some grantmaking changes made during pandemic going away

Nov. 16, 2021 15:10 PM EST

The pandemic spurred foundations to change their grant-making practices in ways long sought by nonprofits, although many philanthropies have already started to reverse some of those changes, according to a new study of nearly 300 grantmakers. The changes sought by...

Charities see more crypto donations. Who is benefiting?

Nov. 15, 2021 17:24 PM EST

As the biggest cryptocurrencies flirt with record high values, they're increasingly becoming bigger sources of revenue for charities. However, the number of charities accepting the virtual currencies, known for their volatility, remains limited. Bitcoin, the world's...

Giving to top charities rose 3.7% in 2020, driven by wealthy

Nov. 02, 2021 14:47 PM EDT

In the wake of the most devastating public-health emergency in a century and the resulting economic uncertainty, Americans provided more charitable dollars to United Way Worldwide than any other nonprofit focused on direct aid, followed by the Salvation Army and St. Jude Children’s Research...

Winchester launching initiative to bolster reading skills

Oct. 31, 2021 09:12 AM EDT

WINCHESTER, Va. (AP) — Local physicians, educators and nonprofits have banded together to bring the national Campaign for Grade-Level Reading to Winchester. “This is an initiative to improve literacy for kids in kindergarten, but with the goal to be at a third-grade...

Groups erase some probation debt in Mississippi, Florida

Oct. 30, 2021 16:08 PM EDT

JACKSON, Miss. (AP) — A nonprofit group and a debtors' union have bought and erased private probation debt for about 20,500 people in Mississippi and Florida, sending letters that told them the news and sharply criticized “abusive debt collectors.” The nonprofit...