A nonprofit organization is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A wide array of organizations are nonprofit, including most political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities generally seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions. The key aspects of nonprofits are accountability, trustworthiness, honesty, and openness to every person who has invested time, money, and faith into the organization. Nonprofit organizations are accountable to the donors, founders, volunteers, program recipients, and the public community. |
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| Nonprofit & Philanthropy News |
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CNN.com International | December 4, 2020
Pharrell Williams is not only a Grammy award-winning artist and producer, but he is also quite the entrepreneur. And this week he announced an initiative to help Black and Latino start-up founders achieve their dreams. |
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IndyStar | November 29, 2020
Nonprofit organizations have long been a central part of communities across the country, and Indiana is no different. In Indianapolis alone, there are over 250 nonprofit organizations serving Marion County and the surrounding area. |
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Tampa Bay Times | November 30, 2020
Giving Tuesday couldn’t come soon enough for a hurting nonprofit sector, Tampa Bay industry experts say. The day of charitable giving, which started as a social media campaign in 2012, has grown into a major annual philanthropic event. The idea was to encourage a show of generosity on the first Tuesday after Thanksgiving, amid a season that traditionally has focused on shopping. |
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Los Angeles Times | November 26, 2020
Donors are giving heavily to organizations dealing with the novel coronavirus and its economic fallout — developing vaccines, improving treatment and supplying food and other necessities to those suddenly unemployed, for instance. The tally reached $16.5 billion this week for wealthy corporations, foundations and individuals, according to Candid, a nonprofit that tracks philanthropy. |
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The Associated Press | November 25, 2020
If you’re looking to give to charity this holiday season but don’t want to dip into your bank account, donating unused credit card rewards, hotel points and airline miles can be a helpful alternative. In some cases the charity can use the rewards for travel needs, and in other cases, the issuer can convert them to cash for the charity. |
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| Member-Based Organization News |
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Associations Now | December 4, 2020
In her best-selling book, Your Network Is Your Net Worth, entrepreneur and marketing expert Porter Gale wrote: “I believe that seeking out and working in collaboration with others who share your interests and values will provide a stronger foundation, enabling you to reach a higher level of success than you would have on your own.”
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Hydrocarbon Engineering | December 4, 2020
Trade associations have played a vital role supporting industry throughout the COVID-19 pandemic, but many could be under threat due to a lack of financial support, according to the CEO of a UK-based engineering firm. |
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Bloomberg | December 3, 2020
The U.S. meat industry wants its workers early in line for the Covid-19 vaccine, once healthcare employees and those in long-term care facilities get the shot, the North American Meat Institute said Thursday in a statement. |
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