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Nonprofit

How OpenAI Transitioned from a Nonprofit to a $29B For-Profit Company

Too Long; Didn't ReadOpenAI, the world-renowned artificial intelligence research laboratory, made headlines when it announced its decision to transition from a nonprofit organization to a for-profit company. The move, which raised eyebrows and sparked debates, represented a seismic shift for the organization which has long been regarded as a bastion of ethical and responsible AI development. The company has a staggering valuation of $29 billion. Too Long; Didn't ReadOpenAI, the world-renowned artificial…

Today’s Headlines: How an L.A. housing nonprofit once seen as a model collapsed

Hello, it’s Monday, March 27, and here are the stories you shouldn’t miss today:TOP STORIES Inside the collapse of the Skid Row Housing TrustThe Skid Row Housing Trust set out to serve “the poorest and most vulnerable people.” But in recent years, lawsuits filed by tenants and creditors began to allege uninhabitable living conditions and hundreds of thousands of dollars in unpaid bills. The suits marked the early signs of management and financial disarray, which festered for years before culminating in the meltdown of…

A Nonprofit Wants Your DNA Data to Solve Crimes

Both GEDmatch’s and FamilyTreeDNA’s terms of service outline their policies for law enforcement use. But for many users, solving crimes is not their main motivator for signing up for these sites. Plus, not everyone reads the terms of service, and companies can not only change them at any time but may even break their own terms.That’s why David Gurney, who helped draft the terms of service for the DNA Justice Foundation, wanted to make sure that users fully understand what they’re signing up for—a database whose sole…

TikTok is expanding its Research API to nonprofit academic institutions

Over the past few years, TikTok has been under a lot of scrutiny regarding its data privacy practices and its parent company’s connection to China, which has also raised concerns about potential security risks. Now, in an effort to increase transparency and accountability, TikTok is expanding access to its research API, allowing more researchers and nonprofit academic institutions to access its data.TikTok’s initial announcement of the research API came last summer when the company noted that researchers currently lack…

Colorado nonprofit enlists artists to fight ageism with birthday cards

Laurie Brock’s 70th birthday was a real milestone, and not because of her age. It was the first time she could remember not getting some “over-the-hill” cards that make a joke of health ailments, sagging body parts and looming mortality. The Denver woman chalked up the delightful surprise to the fact that she had been trying to spread the word about the harmful effects of ageism. She was a volunteer at Changing  the Narrative, a Colorado-based organization that works with communities, employers and nonprofits to advocate…

Elevance to Acquire Louisiana Nonprofit Health Insurer

Elevance Health Inc. said it agreed to acquire the nonprofit health insurer Blue Cross and Blue Shield of Louisiana, expanding its Blue business into a new state. Elevance, the parent of a major health insurer that offers an array of other health services as well, didn’t disclose terms of the deal in its Monday announcement. Spokeswomen for Elevance and Blue Cross and Blue Shield of Louisiana declined to comment. The combination may be…

A powerful nonprofit owns apartments for poor tenants. Why are some tenants trapped in their rooms?

For six days Richard Dever sat in his tiny fifth-floor apartment on skid row, desperate for some fresh air. But the elevator at the Madison Hotel was broken again, and Dever, 82, could not make it down the stairs. Gaunt and short of breath from lung disease, Dever hunched on the edge of the bed, his mood darkening by the day.“What bothers me is that I cannot get out like everybody else and enjoy the world,” Dever said on the second day of his confinement. Richard Dever, 82, sits inside his room at the…

Feds will investigate tiny home nonprofit after learning of Vegas trips

A federal agency has been granted permission to fully investigate the books and bank accounts of a bankrupt tiny home builder in Englewood after its preliminary investigation found $860,000 in unexplained money withdrawals and unusual trips to Las Vegas. The U.S. Trustee Program, an office within the Department of Justice, monitors bankruptcy cases. It can investigate and make criminal referrals in cases of alleged fraud. On Dec. 20, the U.S. Trustee for Colorado, Patrick Layng, wrote to U.S. Bankruptcy Judge Elizabeth…

Mastodon CEO Eugen Rochko says he rejected more than five US investors offering "hundreds of thousands of dollars" to preserve the…

Ian Johnston / Financial Times: Mastodon CEO Eugen Rochko says he rejected more than five US investors offering “hundreds of thousands of dollars” to preserve the platform's nonprofit status — Fast-growing open-source microblogging site has seen a surge of interest since Elon Musk took over Twitter Ian Johnston / Financial Times: Mastodon CEO Eugen Rochko says he rejected more than five US investors offering “hundreds of thousands of dollars” to preserve the platform's…

Big Nonprofit Hospitals Expand in Wealthier Areas, Shun Poorer Ones

Many of the nation’s largest nonprofit hospital systems, which give aid to poorer communities to earn tax breaks, have been leaving those areas and moving into wealthier ones as they have added and shed hospitals in the last two decades. As nonprofits, these regional and national giants reap $8.8 billion from tax breaks annually, by one Johns Hopkins University researcher’s estimate. Among their obligations, they are expected to provide free medical care to those least able to afford it. Many top nonprofits,…