This article explores legal challenges in nonprofit formation and governance, focusing on the importance of sound board management practices and conflict of interest safeguards. For attorneys advising ...

Deepen your understanding of nonprofit governance and leadership with free, on-demand videos that cover essential topics every board member should know. Perfect for current and aspiring nonprofit ...

OpenAI said Tuesday it has reorganized its ownership structure and converted its business into a public benefit corporation after two crucial regulators, the Delaware and California attorneys general, ...

OpenAI announced Tuesday morning that it had completed a tumultuous corporate restructuring effort, simplifying a complex ownership web into a controlling nonprofit entity and a reimagined for-profit ...

After defeating legal challenges from Elon Musk and state regulators, OpenAI completed its controversial conversion to a for-profit structure, unlocking unprecedented capital for AI development. The ...