82 episodes

NonprofitNewsFeed.com aggregates information from 100's of news sources and creates a quick summary of the most popular stories from the industry. This podcast features Whole Whale hosts that summarize and discuss the weekly nonprofit news.

Nonprofit News Feed Podcast NonprofitNewsFeed.com

    • News

NonprofitNewsFeed.com aggregates information from 100's of news sources and creates a quick summary of the most popular stories from the industry. This podcast features Whole Whale hosts that summarize and discuss the weekly nonprofit news.

    Patagonia Goes ALL-IN on Nonprofits (news)

    Patagonia Goes ALL-IN on Nonprofits (news)

    Patagonia Goes All-in Transferring Ownership to Nonprofit

    The private B Corp company Patagonia, known for outdoor gear and its outspoken position on the environment has transferred its ownership to a nonprofit (reported by The NonProfit Times). The company, worth an estimated $3 Billion, is transferring 98% of non-voting stock to the Holdfast Collective a 501(c)(4), and 2% of the stock (all voting control) to the Patagonia Purpose Trust. 

    Patagonia Founder, Yvon Chouinard has done something unprecedented for a company this size, ensuring that the $100m in profit each year will go toward philanthropic purposes instead of investors. The company still plans to donate 1% of profits toward grassroots environmental causes as well, at the discretion of the nonprofit. Further details of how money will be directed have not been revealed yet. 

    Read more ➝

     

    Summary

    The Ethereum Merge Is Done, Opening a New Era for the Second-Biggest Blockchain | CoinDesk More Than $1 Billion For Black And Underserved Communities The NonProfit Times Houston nonprofit helping migrants transported out of state by group of Republican governors | KHOU.com https://blackwealthdata.org/ 

     

    Image from DALLE2 – Tree wearing a shirt.

     

    Learn how to create AI content for your organization. 

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    NonprofitNewsfeed.com Summary of hundreds of news sources.

    • 11 min
    Nonprofits Recognize Anniversary of September 11th Attacks (news)

    Nonprofits Recognize Anniversary of September 11th Attacks (news)

    Nonprofits Recognize Anniversary of September 11th Attacks With National Day of Service & Remembrance

    This Sunday marked the 21st anniversary of the September 11th, 2001 attacks. As Americans across the country reflect on the day, nonprofit and volunteer organizations stepped up to honor victims and families, as well as to pay forward the heroic acts of bravery and charitable acts of community displayed that September. The federally-recognized September 11 National Day of Service and Remembrance brings together folks across the country to “rekindle the spirit of unity that arose in America in the immediate aftermath of the September 11, 2001, terrorist attacks.” AmeriCorps CEO Michael D. Smith, says that “from supporting students and teachers, running food drives and making emergency preparedness kits to helping with home repairs and organizing cleanups, we can help our neighbors in communities across the country,” in an effort to “ensure that what unites us outshines what tries to divide us.” Read more ➝

     

    Summary

    Crypto Going Green? Ethereum ‘Merge’ Begins | MediaPost  Federal judge rules HIV drug mandate violates religious freedom | Roll Call $3.2 Billion Prediction: 2022 Giving Tuesday | Whole Whale

     

    Nonprofit prepares second Safe Outdoor Space for Albuquerque’s homeless | KOB 4 

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    NonprofitNewsfeed.com Summary of hundreds of news sources.

    • 22 min
    GOP Senate Ads Fail & NAACP NC Loses Nonprofit Status (news)

    GOP Senate Ads Fail & NAACP NC Loses Nonprofit Status (news)

    GOP-Tied NRSC Mismanaged Fundraising In Lead-Up To Crucial Midterm Elections

    The National Republican Senatorial Committee (NRSC), the fundraising and campaign arm of the Senate Republicans, is facing backlash from its own party as details of how it lost millions on an ill-concieved fundraising strategy emerge. The NRSC, chaired by Rick Scott, managed to take in nearly $181.5 million in donation revenue by the end of this July, only to have spent 95% of what it had already brought in, according to detailed reporting from The New York Times. The committee now has less than half of the cash-on-hand of its Democratic counterpart, having gambled it all on a flawed digital donor acquisition strategy. The report also details an ethically dubious text-to-donate scheme in which millions of texts with the question “Should Biden Resign?” — “Reply YES To Donate” processed donations immediately without any additional information. The WinRed platform insisted the NRSC abandon the tactic. Both GOP and Democratic campaigns have received criticism for aggressive marketing in the past. The 2020 Trump campaign was forced to provide nearly $122 million in refunds. Read more ➝

     

    Summary

    NC NAACP loses tax-exempt status, financial problems with IRS | Raleigh News & Observer  How an SF Housing Nonprofit Blew Almost $500K on a Flawed Effort To ‘Tax Jeff Bezos’ Ass’ | SF Standard Fight For Website Control ‘Destroying’ Nonprofit, Judge Says | Law360 Rape map where Republicans have made abortions illegal | The Democracy Labs 

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    NonprofitNewsfeed.com Summary of hundreds of news sources.

    • 19 min
    Public Service & Student Debt Forgiveness (news)

    Public Service & Student Debt Forgiveness (news)

    Biden Announces $10k, $20k Student Loan Forgiveness For Most Borrowers

    The Biden administration announced last week that up to $10k of federal student loan debt would be forgiven for eligible borrowers, including up to $20k for Pell Grant recipients. The sweeping announcement was a controversial policy move but nonetheless a major one, with tens of millions of borrowers affected. According to The White House, 87% of the eligible borrowers currently make less than $75,000 and will disproportionately benefit historically debt-burdened communities, including Black borrowers who hold a “disproportionate amount of student loan debt.” Nonprofit and public service employees should pay close attention to shifting (and temporarily expanded leniency) in rules for the government’s Public Service Loan Forgiveness program. Rules eliminating particularly onerous requirements have been temporarily waived but require borrowers to consolidate loans by October 31 to benefit. Read more here.

    Summary

    Carbon Offsets: Last Week Tonight with John Oliver (HBO) Why are so many nonprofit execs leaving their jobs? | Crain’s Detroit What is SHADOW moderation & how is it silencing speech? | Whole Whale Hundreds of paddle boarders take to the lake for Austin nonprofit | CultureMap Austin

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    NonprofitNewsfeed.com Summary of hundreds of news sources.

    • 27 min
    $1.6B Donation to Conservative Nonprofit (news)

    $1.6B Donation to Conservative Nonprofit (news)

    Low-Profile Donor Gives $1.6 Billion To Conservative Political Nonprofit

    Barre Seid, an “electronics manufacturing mogul,” has donated over $1.6 billion to the conservative political nonprofit Marble Freedom Trust, according to reporting from The New York Times. The 501(c)4 nonprofit, led by a prominent conservative political operator, represents the largest single donation to a political organization ever and dwarfs the spending of the top 15 GOP and Democratic-aligned nonprofits during the 2020 election. The donation was structured as a stock donation, as opposed to an all-cash donation, as a legal way to skirt a complicated web of tax rules. The Marble Freedom Trust is run by Leonard A. Leo, who among other titles, was previously vice president of the Federalist Society, and is largely credited with engineering an increasingly conservative Supreme Court. Justice Clarence Thomas once jokingly referred to Mr. Leo as the “third most powerful person in the world,” as reported by The New York Times. Read more ➝

    Summary:

    Survey: U.S. Nonprofits Struggle to Find Workers, Funding | Government Technology $7.1 Billion in US Medical Debt Erased by Nonprofit Group — How They Did It | GOBankingRates Nonprofit hospitals’ outlook downgraded to ‘deteriorating’ by Fitch | Healthcare Finance News

    Image from DALLE-2, an OpenAI project.

    Prompt: “Rainstorm of money on an elephant, nature photography”

    Learn how your organization could start using AI content creation. 

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    NonprofitNewsfeed.com Summary of hundreds of news sources.

    • 20 min
    Historic Environmental Bill Passes! (news)

    Historic Environmental Bill Passes! (news)

    Nonprofits & Environmental Groups React To Landmark Inflation Reduction Act Legislation

    The Inflation Reduction Act was signed into law by the Biden White House shortly after passing through the Senate and House of Representatives in what has become a dramatic and unexpected win for Democrats and environmental activists alike. The new legislation is the largest investment in clean energy of any country in history, including hundreds of billions of dollars for clean energy programs and environmental justice initiatives, among other non-climate provisions. “This is historic for environmental justice and front-line communities that have been all but ignored, overlooked, and underfunded,” according to Harold Mitchell Jr. of the South Carolina environmental group ReGenesis Institute. WWF says the new Act gets to the “root cause of climate change – carbon emissions from burning fossil fuels– and offers significant resources addressing those emissions in American businesses, on our roads, in our communities.” Read more ➝

    Summary

    WHO plans to rename monkeypox over stigmatization concerns |  ABC News Black Girls Code Founder Sues the Nonprofit After Her Ousting | Business Insider  New York City Council bill to help nonprofits in land bidding wars |  Crain’s  This nonprofit shows how rigorous data analysis can dramatically reduce youth homelessness | GeekWire 

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    NonprofitNewsfeed.com Summary of hundreds of news sources.

    • 20 min

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