Category: NonProfit
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Exploring Nonprofit Innovation with Gon Erez
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John Erez is an accomplished nonprofit management consultant currently residing in Cleveland, Ohio. With a background in psychology and economics, his career path was greatly influenced by his early experiences in Israel as a human rights officer in the IDF Spokesperson’s Unit. Seeking to broaden his horizons, Gon moved to…
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Wealth remains solidly the hands of few, finds inequality nonprofit warning of new ‘Gilded Age’
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Taking the modern-century idea of “let them eat cake,” shareholders get to have the whole cake, and eat it too. It is not surprising that the board has been able to stay out of the fray, as wealthy members are more prepared to weather an economic downturn. But it turns…
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ChatGPT inventor set to receive $10bn as OpenAI shifts from non-profit status
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Sam Altman, founder of OpenAI, which makes ChatGPT, is poised to secure more than $10bn (£7.5bn) as the company prepares to abandon its long-standing non-profit status. OpenAI is considering giving Altman a 7% stake as it raises money at a valuation of about $150 billion. The move would make Altman’s…
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OpenAI to remove non-profit control and give Sam Altman equity, sources say By Reuters
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Written by Crystal Ho and Kenrick Kay SAN FRANCISCO (Reuters) – ChatGPT maker OpenAI is working on a plan to restructure its core business into a for-profit company that would not be controlled by its nonprofit board, people familiar with the matter told Reuters, a move that would make the…
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Bitcoin Non-Profit ₿trust Announces Q3 Grants For Open-Source Developers
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Trust₿trust, an initiative committed to supporting open source Bitcoin developers based in the Global South, has announced the recipients of its Q3 Starter Grants and new members of the ₿trust Open Source Group. 1/ ? Announcing the ₿trust grants for the third quarter! We are excited to announce our Q3…
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Jay-Z and Jack Dorsey-Backed Bitcoin Non-Profit ₿trust Appoints Bitcoin Core Developer As Interim CEO
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TrustA non-profit organization focused on training and funding developers from the Global South to develop open source Bitcoin recently announced a Bitcoin Core contributor and board member, Abu Bakr Nour Khalilas interim CEO. 1/ ? Exciting news from ₿trust! We are pleased to announce that Abu Bakr Nour Khalil (@ihate1999),…
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Jay-Z and Jack Dorsey-Backed Bitcoin Non-Profit ₿trust Appoints Bitcoin Core Developer As Interim CEO
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TrustA non-profit organization focused on training and funding developers from the Global South to develop open source Bitcoin recently announced a Bitcoin Core contributor and board member, Abu Bakr Nour Khalilas interim CEO. 1/ ? Exciting news from ₿trust! We are pleased to announce that Abu Bakr Nour Khalil (@ihate1999),…
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$5.1 Billion Pension Fund CIO Joins Non-profit Organization Focused on Bitcoin Adoption
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Today, Proof of the Workforce Foundation, a 501(c)(4) tax-exempt non-profit, announced the addition of two distinguished members to its board of directors: Ajit Singh and Rafael Zagori, according to a press release sent to Bitcoin. magazine. The duo is brought on to further the foundation’s mission of promoting meaningful, education-based…