Philanthropy Today

Under a tight deadline, OpenAI, a leading developer of artificial intelligence technology, is trying to figure out how to sever ties to the nonprofit that controls it. Executives must settle on fair compensation to the nonprofit for what one adviser called a “unique and potentially earth-shattering” technology. Among the new corporate structures under consideration is a public benefit corporation, owned in part by the nonprofit, in order to assuage public fears about the dangers of A.I. The company must make the switch within two years or recent major investments will convert to debt. (New York Times)

Sesame Street is looking for a new home after Warner Bros. Discovery announced it would drop the venerable children’s program from its Max streaming service. In 2019, the nonprofit Sesame Workshop, which produces Sesame Street, struck a lucrative deal granting Max predecessor HBO exclusive rights to present new episodes for nine months. Max now says it is shifting away from children’s programming. Potential new homes for the show include Apple TV+, Netflix, and Amazon. (New York Times)

Background from the Chronicle: How Much Good Can $100 Million Do? Sesame Street and IRC Put a Big Bet to the Test

More News

• Grassroots Funding for Ukraine’s Military Declines as Groups Look for Creative Ways to Raise Money (Associated Press)
• Ray Dalio Wants You to Ditch Unwanted Christmas Gifts and Give Charity Cards Instead. Here’s How They Work. (Business Insider)
• These Two Practices Can Help Us Create a Stronger Civil Society (Fast Company)

Local Nonprofit News

• Austin Area Nonprofits Say They’re Struggling Without DEI Funding (KXAN)
• This AZ Nonprofit Helps Babies Exposed to Opioids, but Struggles to Get Paid by Insurance (KJZZ)
• Georgia Tech Students Revolutionize Food Distribution for Local Nonprofit (Fox 5 Atlanta)

Arts and Culture

• How Smith College Museum of Art is Faring After More Than a Year With No Entrance Fees (WAMC)
• Biden Signs Bill That Could Make Philly’s Jewish Museum a Smithsonian Institution (Philadelphia Inquirer)
• New Virtual Museum Unveiled to Preserve and Share Jewish Heritage Worldwide (Jerusalem Post)
• Incoming CEO Envisions Baltimore’s Walters Art Museum as a Community Hub (Baltimore Banner)

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