OpenAI Looks to Shift Away From Nonprofit Roots and Convert Itself to For-Profit Company
OpenAI’s history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end as the San Francisco company looks to more fully convert itself into a for-profit corporation accountable to shareholders.
By Matt O'Brien, Kelvin Chan, and Thalia Beaty
AP Business Writers
The Hidden Patterns Shaping American Philanthropy
Where do the country’s charitable dollars really flow? A new collaborative report reveals a complex landscape of giving, with patterns shifting dramatically across time, geography, and donor types.
By Sara Herschander
Contributor
When Nonprofits and Others Pay for House Members’ Global Travel, Families Often Go, Too
Almost a third of those payments by private interest groups cover the costs of a lawmaker’s relative.
Robin Hood Grants $36 Million for Economic Mobility in New York City
Plus, the Valley Baptist Legacy Foundation has awarded $30 million for a center to treat people with diabetes in Texas’s Rio Grande Valley, and Google.org gave $25 million for A.I. education at five nonprofit organizations.
By M.J. Prest
Senior Editor, Solutions
Early Childhood Development Nonprofit Brilliant Detroit Set to Expand Nationally
The early childhood education nonprofit, which supports children in underserved communities “from belly to 8,” plans to expand its unique neighborhood-based holistic model.
By Glenn Gamboa
Associated Press
Gifts From DAFs Are Nearly 10% of All Giving. How Nonprofits Are Trying to Court Those Donors
DAFs remain controversial, but their size and influence continue to grow. Gifts from the accounts totaled $52 billion in 2022.
By Rasheeda Childress
Senior Editor, Fundraising
Ford’s Darren Walker on Funding the Fight for Justice
Among the things Walker has learned: Leaders need to listen and be inclusive, but ultimately they sometimes have to go with their gut instinct.
‘Money Is Power’: 44 Ultra-Wealthy Philanthropists Are Top Political Donors This Election Cycle
Megadonors like Ken Griffin, Paul Singer, Michael Bloomberg, and Reid Hoffman are collectively giving hundreds of millions to candidates and super PACS to influence voters.
By Eden Stiffman
Senior Editor
U.S. Historian Leads Charity Run in Kyiv to Highlight the Plight of Ukrainian POWs
Timothy Snyder, who has organized fundraisers as part of the country’s war-relief effort, enjoys near-celebrity status in Ukraine.
By Derek Gatopoulos And Evgeniy Maloletka
Associated Press
Father-Daughter Duo Gives $150 Million for Pancreatic Cancer Research
Plus, billionaire businessman and former Florida politician Hyatt Brown gave $150 million for an extensive construction project at Daytona Beach’s Museum of Arts and Sciences, and University of Illinois at Chicago got a $36 million bequest for its pharmacy school.
By Maria Di Mento
Senior Editor