The artificial intelligence boom is in full swing, with AI tools like Jasper and ChatGPT taking over workplaces and AI-based chatbots playing a role in the way we shop and learn. Salesforce is looking to extend the potential of AI to nonprofit organizations, which provide a vital lifeline to underserved people and communities worldwide but often lack the resources to adopt new technologies. Salesforce is offering training and resources to help nonprofit leaders learn how to use AI to automate mundane tasks and support new tools for the people and communities they serve.

The philanthropy research organization Candid and the Council on Foundations, the association of nearly 900 nonprofit members, have made a rare deal that would be commonplace for a corporation or a sports team. Candid will send control of its CF Insights website and the staff that gathered information about community foundations to the Council on Foundations. This shift will allow Candid to focus more sharply on priority areas – including diversity, transparency and effectiveness in the sector – while providing its CF Insights information a larger audience and the potential to expand.

According to a report from the Florida Nonprofit Alliance, there are more than 100,000 registered nonprofits in the Sunshine State, and 22,710 of them have a significant impact on the state's economy. The report analyzed organizations that had filed a Form 990 within the most recent four years, generated annual income of $50,000 or more and self-reported as 501(c)(3), 501(c)(4), 501(c)(5), or 501(c)(6) nonprofits. These nonprofits employed 456,881 individuals, paid average annual wages of $60,323, and pushed nearly $27.6 billion in wages into the Florida economy. During 2022, Florida nonprofits generated $116.5 billion in revenue, up 21% from the previously measured level. The state’s top three counties – Miami-Date, Palm Beach and Orange – accounted for 30% of that. Similarly, the $255.4 billion in total net assets among nonprofits analyzed represented a 28% gain over previous levels, and the $160.3 billion in income was 23% higher than reported in the 2020 report. 

According to a recent article from Benzinga, the Nonprofit Payment Gateway Software Market is expected to grow significantly over the next seven years. The article cites a report from Benzinga which states that the market size will reach $XX billion by 2023, and continue to grow until 2030. The report also provides historic data and new benchmarks for the market.