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American Red Cross Sued Claiming Haitian Relief Funds Misused

The NonProfit Times

The papers were filed in the U.S. The American Red Cross has spent and distributed all funds designated for Haiti relief on shelter, emergency relief, health, cholera prevention, water and sanitation, livelihoods, and disaster preparedness,” the statement continued. District Court Southern District of Florida – Miami Division.

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Regulatory filing reveals ABL Space Systems targeting $100M in new funding

TechCrunch

ABL Space Systems is looking to raise up to $100 million in new funding, and has just closed over $40 million, according to a new filing with the U.S. The company filed the Form D on December 29. It’s the first indication that ABL has raised venture funding since October 2021, […] © 2023 TechCrunch.

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Your FEC Filing Checklist

Donorbox

If you’re raising funds as part of a political campaign in the United States, you may be required to file with the Federal Election Commission (FEC). FEC filing can feel overwhelming, with several requirements in place to ensure the integrity of the federal campaign finance process.

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Minnesota Attorney General Sues Nonprofit for Misusing Funds

NonProfit PRO

Minnesota Attorney General Keith Ellison has filed a lawsuit against Minnesota nonprofit ThinkTechAct Foundation, as well as its founder/president, a board member and executive director, alleging they ran a sham nonprofit and misused nonprofit funds.

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Airbnb files to go public

TechCrunch

Airbnb filed to go public today , bringing the well-known unicorn one step closer to being a public company. Its filing comes mere days after fellow unicorns DoorDash and C3.ai ai themselves filed to go public in what could be a rush to the public markets by richly valued startups.

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Robot lawyer startup DoNotPay now lets you file FOIA requests

TechCrunch

In the early days of the pandemic, the startup helped its users file for unemployment, where many state benefit sites crashed. But ask anyone with experience in filing FOIAs (hello!) I asked the US government for my immigration file and all I got were these stupid photos. The startup now lets you request information from U.S.

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Contributions To DAFs, Distributions Both Decline

The NonProfit Times

Donor-advised fund (DAF) disbursements to charitable organizations declined 1.4% The National Philanthropic Trust began tracking donor-advised fund data in 2007. The data file includes records from 1,293 DAF sponsors which operated during at least some of the period since 2007. during 2023 to $54.77 in 2022. .

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