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A new documentary “Uncharitable,” from “Paris Trout” and “Losing Isaiah” director Stephen Gyllenhaal, wants to change that. For almost twenty years, researchers and nonprofits have warned about the negative consequences of starving nonprofits of general operating expenses, also known as overhead. In part by emphasizing efficiency, those donors continue to pressure nonprofits to decrease their standing costs, using a slightly different vocabulary. Similarly, more donors understand the value of granting unearmarked funds, which allow nonprofits to change plans or simply to invest in their staff or improve their infrastructure or technology. ___Associated Press coverage of philanthropy and nonprofits receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc.
Persons: Izzy Smith, ” Smith, Isaiah, Stephen Gyllenhaal, Dan Pallotta, Pallotta, Darren Walker, ” Pallotta, , , Michael Thatcher, ” Elizabeth Organizations: Ford Foundation, Urban Institute, Candid, Navigator, Alliance, University of Texas, Associated, Lilly Endowment Inc, AP Locations: The Massachusetts, Dallas
Disney’s tale of two Bobs
  + stars: | 2022-11-21 | by ( Allison Morrow | ) edition.cnn.com   time to read: +6 min
This was a big surprise Sunday night, for a few reasons:1) Iger has previously dismissed the idea of going back to Disney. Then, he kept going: Iger’s Disney acquired Lucasfilm, home of the Star Wars franchise, for a little over $4 billion. Disney shares surged 9% Monday morning, reflecting investors’ hopes that Iger will swoop in and work his magic. The Trump news was no surprise — even before buying Twitter, Musk made clear he would reinstate Trump and rethink the site’s content-moderation policies. And if Musk’s strategy is to stoke controversy, he’s already brought out the big guns in letting Trump back on.
The Elon Musk wrecking ball
  + stars: | 2022-10-31 | by ( Allison Morrow | ) edition.cnn.com   time to read: +7 min
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. New York CNN Business —Elon Musk bought a $44 billion fixer-upper, and he’s not wasting any time gutting the joint. If you spent the weekend trying to ignore the news, like I did, let’s catch up on what the Musk wrecking ball has targeted so far:And yes, this is all Textbook Musk. Musk himself has long favored using Twitter rather than an PR team to break news about his other companies like Tesla. And for that I turn to my colleague Frank “Craven” Pallotta, CNN Business’ resident expert on all things Hollywood and horror.
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