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Money talks: Why tuning into the Giving Pledge matters 

Candid

As the saying goes, “Money talks,” and there’s no better example of this than the Giving Pledge and its effect on the social sector. To date, 241 individuals with a cumulative net worth easily surpassing $1 trillion have made the pledge—a public commitment to give the majority of their fortunes to charity.

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Three US states have signed on to Apple and Google’s exposure notification system

The Verge

The companies have pledged not to collect data from the framework or otherwise monetize it, and they intend to shut the system down once the public health crisis has passed. Project leaders have made a number of new tweaks as a result of those ongoing conversations. More collaborations are expected to be announced in the coming weeks.

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Walmart, Ikea, and Amazon have a dirty shipping problem

The Verge

Giant retailers, including Amazon and Ikea, have pledged to go green, but their shipping is still pretty dirty. They then commissioned the University Maritime Advisory Services (UMAS), which has access to other maritime import databases, to cross-reference the public data with their own proprietary information. amid the pandemic.

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What counts as racial equity funding?  

Candid

The nationwide racial reckoning triggered by the 2020 murder of George Floyd has resulted in a dramatic increase in funding for racial equity. The result is a refreshed site that gives a more complete picture of past funding and allows for stronger comparisons over time. . Why and how Candid updated our racial equity funding site

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How Nonprofit Accounting is Different from Small Business Accounting

sgEngage

An example of this concerns pledges received. If a pledge is uncertain, revenue is usually recognized when the gift is ultimately received. If a pledge is certain and irrevocable, revenue is recognized in the period the pledge is made by the donor, not when the promised gift is received.

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Apple ditching chargers saves costs but not the planet

The Verge

This week’s announcement is the latest move Apple has made to become a more environmentally friendly company, and it follows a big pledge it made in July to curb greenhouse gas emissions. There’s another reason why scrapping accessories might not result in as big of a cut in greenhouse gases as Apple predicts.

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How to Develop Your Nonprofit Operating Reserves

sgEngage

However, this is not a universal benchmark. The result is 1.5your organization would have one and half months of capital if needed. It really does depend on the needs of your individual organization. The Workgroup concluded that each organization must arrive at its own rationale for what it considers adequate for financial stability.

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