It’s official: OpenAI is now a bona fide for-profit corporation. On Tuesday, the ChatGPT maker announced that it had restructured its for-profit arm into a public benefit corporation, a type of ...

Accounting profit, calculated as revenue minus all costs, directly impacts stock prices. Economic profit includes opportunity cost, providing deeper insight into resource utilization. Cash flow, often ...

OpenAI said on Monday it would remain under the control of its nonprofit parent, while pushing ahead with plans to change the structure of its for-profit arm to allow more capital-raising to keep pace ...

WASHINGTON, April 21 (Reuters) - U.S. non-profit organizations that focus on climate change are getting ready to fight a possible move by the Trump administration to revoke their tax exemptions as ...

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The Income Tax Bill 2025 simplifies tax provisions, eliminates redundant sections, and consolidates the content for better understanding. For Non-Profit Organizations (NPOs), the new Bill ...

Non-profit hospitals are facing increased scrutiny as some states introduce new legislation to ensure these institutions fulfill their charitable care mission. Joint ventures with for-profit entities ...

OpenAI Officially Announces For-Profit Transition OpenAI says the plan 'would result in one of the best-resourced non-profits in history,' and allow it to raise funds with 'conventional terms,' like ...

SAN FRANCISCO, Sept 25 (Reuters) - ChatGPT-maker OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation that will no longer be controlled by its non-profit ...

Nonprofits address needs across the globe, providing a better quality of life to the families and communities they serve. Starting a new nonprofit takes dedication, research, and attention to detail.

You've launched your passion project – a nonprofit with a mission to change the world – or, at least your corner of it. Perhaps you're a seasoned entrepreneur or you have owned a for-profit business ...