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February 16, 2020
When WellPoint Health Networks planned to buy up what was then known as Blue Cross two dozen years ago, California regulators required WellPoint to set aside billions of dollars to keep much of the nonprofit’s assets in the public trust. The $3 billion carve-out from the Blue Cross acquisition seeded what became the California Endowment and the California Health Care Foundation, major charities that now promote an array of services across the state. Now a lawsuit is accusing the same state...
March 18, 2020
JPMorgan said it will to donate $50 million to groups and organizations that provide support and supplies to people affected by the coronavirus all over the world, according to a report by Reuters. The first $15 million will go to groups directly dealing with how the virus is affecting people directly, with $5 million to institutions that handle community development, to dole out low- or no-interest loans. The bank has earmarked $3 million to international groups that provide the same service. T...
June 11, 2020
Classy, creator of world-class online fundraising software for nonprofits, announces the launch of Classy for Facebook. The announcement was made today during a keynote speech by Classy CEO, Scot Chisolm, during the company's conference for nonprofit professionals, Collaborative: Virtual Sessions. This expanded product offering provides a direct integration with Facebook Fundraising, enabling individual fundraisers to boost their reach and raise more by duplicating their Classy fundraising p...
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