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Amazon is renaming the Seattle NHL stadium Climate Pledge Arena

The Verge

It will officially be known as the Climate Pledge Arena, a nod to the $2 billion initiative CEO Jeff Bezos announced last year, which sets goals for Amazon to become net carbon neutral by 2040. It’s worth noting that earlier this year, Amazon warned several employees who were part of that push that they had violated its communications policy.

Seattle 88
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A $500 Million Pledge to Support Local News

Non Profit Quarterly

The MacArthur Foundation itself pledged $150 million to the new fund. The philanthropic sector recognizes the need to strengthen American democracy and is beginning to see that progress on every other issue, from education and healthcare to criminal justice reform and climate change, is dependent on the public’s understanding of the facts.”

Local 114
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Sequoia Capital India pledges to take proactive steps amid fraud allegations at some startups

TechCrunch

Sequoia Capital India, one of the most prolific and successful investors in India and Southeast Asia, addressed the fraudulent practices allegations levelled against some of its portfolio startups and pledged to take proactive steps to do more to drive increased compliance. Implementation of whistleblower policies.

India 87
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How to Develop Your Nonprofit Operating Reserves

sgEngage

If you have an issue where you have to dip into your operating reserves, make it a priority to refill that fund so you are prepared for the next unexpected bump in the road. Operating reserves are a crucial part of a healthy financial statement, and there are several ways to calculate, hold, and manage those funds.

Develop 102
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What counts as racial equity funding?  

Candid

Working with trusted community partners with deep history and expertise on grantmaking for racial equity, we responded this month by updating our special issue site on funding for racial equity. We began tracking grants and pledges based on press releases and public announcements to tell a real-time story. . generate and?reinforce

Fund 105
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How to Create a Volunteer Handbook Your Volunteers Will Use

Get Fully Funded

If your organization relies on volunteers, even just a little, you need a volunteer handbook that spells out expectations, policies, and procedures. Volunteer policies and procedures: It is critical that you have policies and procedures in place that minimize potential problems that could arise. What about working off site?

Volunteer 119
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GAAP for Nonprofits: How to Reconcile GAAP and Non-GAAP Results

sgEngage

So, while bequests, insurance policies and planned gifts are exciting for the organization, those donations won’t be reflected in the GAAP reporting. Kudos to your development team for getting the payout from an insurance policy of a 45-year-old. Do your development partners count conditional pledges?

Results 99