Both Houses of Congress have introduced the "Small Nonprofit Retirement Security Act,” which would provide a tax credit of up to $5,000 for the three years of a retirement plan’s operation and an ...

This week, we are going to add our two cents’ worth to the controversy surrounding Senate Bill 933, now Act 310 of 2025. That bill puts $50 million in the hands of a four-person committee, which will ...

You'll get access to an ad-free website with a faster photo browser, the chance to claim free tickets to a host of events ...

The nonprofit sector has, in some ways, tricked us into thinking that fundraising is inherently transactional. And while many ...

Anne Wojcicki's nonprofit, TTAM Research Institute, has received court approval to acquire 23andMe, the genetic testing company she co-founded. The $305 million deal follows 23andMe's Chapter 11 ...

Keith Joseph, 17, put together a 20-page business proposal plus a 15-minute oral presentation detailing plans to bring a CosMc’s location to Massachusetts. CosMc’s is a concept restaurant that ...

SoftBank Group Corp. supports OpenAI’s latest plan to turn its for-profit division into a public benefit corporation, even if the overall business remains under the control of its nonprofit.

Republicans Sneak Nonprofit Killer Bill Into the Tail End of Trump’s 389-Page Tax Plan It would give the Trump administration the power to strip the tax-exempt status of any nonprofit it deems a ...

OpenAI will continue to be governed by a non-profit entity going forward, CEO Sam Altman announced Monday – a move that came after the ChatGPT maker’s restructuring plans faced fierce pushback ...

After months spent pursuing a plan to convert itself into a for-profit business, OpenAI is reversing course and said Monday its nonprofit will continue to control the company that makes ChatGPT ...

The plan now is for OpenAI’s controlling nonprofit to receive a to-be-decided equity stake in the PBC subsidiary, which Sharp says will grow as its valuation increases.

OpenAI has decided that its nonprofit division will retain control over its for-profit org, after the company initially announced that it planned to convert to a for-profit organization.