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Lindenwood University, a private non-profit in Missouri, has acquired Dorsey College, a for-profit, career-training college in Michigan. The deal is big and important for several reasons. As a ...
"Going forward, it will continue to be overseen and controlled by that nonprofit," he added. OpenAI's business side since 2019 has been under "capped-profit" control and the company, backed by ...
No one is more mission-driven than individuals who lead and manage not-for-profit organizations. But did you know ...
The federal UBI tax rate for not-for-profits organized as corporations is 21%, and numerous states impose UBI tax rates that can be as high as 9% or 10%. Even with a roughly 30% combined tax rate, ...
The city of Pueblo cut its funding to non-profits for the 2025 budget, but one organization still getting funding had its tax-exempt status revoked from the Internal Revenue Service (IRS) in 2020.
OpenAI's non-profit arm will continue to maintain control of the artificial intelligence developer, coming off of a restructuring as concerns were voiced on its for-profit pivot. Market Domination ...
US News: OpenAI, originally founded as a non-profit to develop AI for societal benefit, is controversially shifting towards a for-profit model, raising concerns about its commitment to safety and ...
The five large not-for-profit hospital systems, which include Parkview Health and IU Health, would have until 2029 to reach that price average or lose their not-for-profit status.
In the update on Monday, Mr Altman said the non-profit would continue to control OpenAI, receiving a "big", yet-to-be determined stake in OpenAI's business arm, which would give it access to money ...