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Amazon CEO Jeff Bezos donates $97.5 million to nonprofit groups helping homeless

“Its dual mission is to provide aid for the homeless and to fund a network of nonprofit preschools” writes Bloomberg News for seattletimes.com. In the Puget Sound area, the Refugee Women’s Alliance in Seattle was given $2.5 million, while $5 million was granted to Catholic Community Services of Western Washington, in Tacoma Jeff Bezos provided the first donations as part of his pledge to help homeless families with $97.5 million in grants to two dozen nonprofit groups across the country. Source: seattletimes.com Share This:

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Conservative nonprofit with obscure roots, undisclosed funders paid Whitaker $1.2 million

“FACT paid America Rising at least $500,000 for research from 2015 to 2017, tax filings show” writes Shawn Boburg for seattletimes.com. Matthew Whitaker worked for a nonprofit as a lucrative steppingstone in a swift rise to the nation’s top law-enforcement job.Noah Wall, now a vice president of advocacy for a conservative nonprofit called FreedomWorks, was listed in Virginia state filings as a director of the group in 2014. Source: seattletimes.com Share This:

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Crypto News Platforms 

A Team of Non-Profit Veterans Launch Whirl to Bring Crowdfunding to the Blockchain

“An all-star team of professionals in the blockchain, crowdfunding, and nonprofit sectors recently launched WHIRL. The WHIRL platform will give users a new way to finance their dreams via crowdfunding” reports livebitcoinnews.com. The WHIRL blockchain platform is fueled by its native WRL tokens.Roel Wolfert co-founded the WHIRL platform.In addition to WRL being the favored mode of transaction on the platform, WHIRL also supports 12 prominent cryptocurrencies. Source: livebitcoinnews.com Share This:

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How One Nonprofit Is Expanding Health Care for the Uninsured

“U.S. health care organizations need to rediscover the values and sense of purpose that attracted many employees to the health care profession in the first place” reports hbr.org. The real problem is that U.S. health care costs too much, the quality is uneven, and too many people can’t get the care they need.America spends $3.3 trillion on health care, or more than $10,000 per person, which is twice as much as any other industrialized country.This is the power of purpose, a power that U.S. health care organizations should draw on…

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South Dakota jury clears ex-nonprofit CEO in contracts case

“Prosecutors alleged Phelps backdated the contracts between the nonprofit Institute and an educational cooperative in an attempt to dodge an audit” writes The Associated Press for seattletimes.com. Attorney General Marty Jackley, a prosecutor, unsuccessfully argued that the case was about a “cover-up” of the financial dealings of the nonprofit and Phelps’ conduct.SIOUX FALLS, S.D. (AP) — A South Dakota jury cleared a former nonprofit executive accused of backdating contracts to try to avoid a potential audit in a case sparked after the organization’s financial officer killed his family and himself…

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Senator loathes nonprofit, public-interest law firms for no good reason

“But one of her neighbors, the U.S. Forest Service, thought it had the right to regulate her use of the lake contrary to 156 years of Michigan law” reports washingtonexaminer.com. Their tiny, family-owned business, which installs guardrails on federal highway projects, lost a major, bet-the-company contract. Source: washingtonexaminer.com Share This:

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Nonprofit takes on drugmakers’ lobbying on Medicare drug discount

“The senior gets out of the hole when their drug costs reach $5,000 overall, and then the insurance plan covers a majority of drug costs” writes Istock Photo for washingtonexaminer.com. Congress was able to close it early because the law raised the required discount that drugmakers have to provide for drugs in the donut hole.Seniors’ 2018 plans cover up to $3,750 in drug costs, but once a senior reaches that level, they are in the donut hole.Once a senior’s plan reaches this amount, then the senior has to cover their…

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Supreme Court Lets Stand a Decision Requiring ‘Dark Money’ Disclosure

“Secret money in politics will soon be a lot less secret” writes Dave Levinthal for theatlantic.com. The Supreme Court on Tuesday let stand a lower court ruling forcing politically active nonprofit groups to disclose the identities of any donor giving more than $200 when those groups advertise for or against political candidates.Until now, such nonprofit organizations—generally, those of the 501(c)(4) “social welfare” and 501(c)(6) “business league” varieties—could keep secret their donors under most circumstances.It  wasn’t immediately clear whether nonprofit groups that advocate for and against political candidates must retroactively disclose…

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SBA offers disaster assistance to CA businesses impacted by fires

“The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to small businesses economically impacted by the Ferguson Fire” reports thebusinessjournal.com. Eligibility is based on the financial impact of the disaster only and not on property damage.SBA acted under its own authority to declare a disaster following a request received by Gov. Source: thebusinessjournal.com Share This:

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