RIP Medical Debt
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RIP Medical Debt
RIP Medical Debt is a Long Island City–based 501(c)(3) charity focused on the elimination of personal medical debt. Founded in 2014 by former debt collection executives Jerry Ashton and Craig Antico, the charity purchases portfolios of income-qualifying medical debt from debt collectors and healthcare providers, and then relieves the debt. The charity converts every dollar contributed into $100 of purchased medical debt relief. The founders were inspired by medical debt elimination efforts by Occupy Wall Street. The charity gained attention in 2016 when the TV show ''Last Week Tonight with John Oliver'' used them to turn $60,000 into $15 million of debt forgiveness. As of June 2022, the charity has forgiven debts for over 2,800,000 individuals and families, totaling over $5 billion. ''CBS News Sunday Morning'' profiled RIP Medical Debt in a long-form journalism piece by correspondent Martha Teichner in the April 16, 2023, episode of the Sunday morning television newsmagazine, i ...
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Long Island City
Long Island City (LIC) is a residential and commercial neighborhood on the extreme western tip of Queens, a borough in New York City. It is bordered by Astoria to the north; the East River to the west; New Calvary Cemetery in Sunnyside to the east; and Newtown Creek—which separates Queens from Greenpoint, Brooklyn—to the south. Incorporated as a city in 1870, Long Island City was originally the seat of government of the Town of Newtown, before becoming part of the City of Greater New York in 1898. In the early 21st century, Long Island City became known for its rapid and ongoing residential growth and gentrification, its waterfront parks, and its thriving arts community. The area has a high concentration of art galleries, art institutions, and studio space. Long Island City is the eastern terminus of the Queensboro Bridge, the only non-tolled automotive route connecting Queens and Manhattan. Northwest of the bridge are the Queensbridge Houses, a development of the New ...
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MacKenzie Scott
MacKenzie Scott ('' née'' Tuttle, formerly Bezos; April 7, 1970) is an American novelist and philanthropist. As of September 2022, she has a net worth of US$33.4 billion, owing to a 4% stake in Amazon, the company founded by her ex-husband Jeff Bezos. As such, Scott is the third-wealthiest woman in the United States and the 35th-wealthiest individual in the world. Scott was named one of the world's most powerful women by ''Forbes'' in 2021, and one of ''Time's'' 100 Most Influential People of 2020. In 2006, Scott won an American Book Award for her 2005 debut novel, '' The Testing of Luther Albright.'' Her second novel, ''Traps'', was published in 2013. She has been executive director of Bystander Revolution, an anti-bullying organization, since she founded it in 2014. Committed to give at least half of her wealth to charity, as a signatory to the Giving Pledge, Scott made US$5.8 billion in charitable gifts in 2020, one of the largest annual distributions by a private ...
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Non-profit Organizations Based In New York (state)
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworthiness, honesty, and openness to eve ...
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Organizations Established In 2014
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, includi ...
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Charity Navigator
Charity Navigator is a charity assessment organization that evaluates hundreds of thousands of charitable organizations based in the United States, operating as a free 501(c)(3) organization. It provides insights into a nonprofit’s financial stability, adherence to best practices for both accountability and transparency, and results reporting. It is the largest and most-utilized evaluator of charities in the United States. It does not accept any advertising or donations from the organizations it evaluates. History Charity Navigator was launched in spring 2001 by John P. (Pat) Dugan, a pharmaceutical executive and philanthropist. The group's mission was to help "donors make informed giving decisions and enabling well-run charities to demonstrate their commitment to proper stewardship" of donor dollars. Over the years, the group grew from 1,100 to over 200,000 charities.Benz, Christine (17 November 2021)"Which Charities Deserve Your Dollars" ''Morningstar''. As of 2009, four per ...
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GuideStar
Candid is an information service specializing in reporting on U.S. nonprofit companies. In 2016, its database provided information on 2.5 million organizations.Wyland, Michael. "GuideStar Introduces Program Metrics Section for Nonprofit Profiles." Non Profit News For Nonprofit Organizations , Nonprofit Quarterly. N.p., May 11, 2016. Web. April 3, 2017. It is the product of the February 2019 merger of GuideStar with Foundation Center. It maintains comprehensive databases on grantmakers and their grants; issues a wide variety of print, electronic, and online information resources; conducts and publishes research on trends in foundation growth, giving, and practice; and offers education and training programs. History GuideStar GuideStar was one of the first central sources of information on U.S. nonprofits and is the world's largest source of information about nonprofit organizations. GuideStar also serves to verify that a recipient organization is established and that donated ...
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Jeff Bezos
Jeffrey Preston Bezos ( ;; and Robinson (2010), p. 7. ''né'' Jorgensen; born January 12, 1964) is an American entrepreneur, media proprietor, investor, and commercial astronaut. He is the founder, executive chairman, and former president and CEO of Amazon. With a net worth of US$114.5 billion as of November 2022, Bezos is the fourth-wealthiest person in the world and was the wealthiest from 2017 to 2021 according to both Bloomberg's '' Billionaires Index'' and ''Forbes''. Born in Albuquerque and raised in Houston and Miami, Bezos graduated from Princeton University in 1986. He holds a degree in electrical engineering and computer science. He worked on Wall Street in a variety of related fields from 1986 to early 1994. Bezos founded Amazon in late 1994 on a road trip from New York City to Seattle. The company began as an online bookstore and has since expanded to a variety of other e-commerce products and services, including video and audio streaming, cloud computing, ...
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Amazon (company)
Amazon.com, Inc. ( ) is an American multinational technology company focusing on e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. It has been referred to as "one of the most influential economic and cultural forces in the world", and is one of the world's most valuable brands. It is one of the Big Five American information technology companies, alongside Alphabet, Apple, Meta, and Microsoft. Amazon was founded by Jeff Bezos from his garage in Bellevue, Washington, on July 5, 1994. Initially an online marketplace for books, it has expanded into a multitude of product categories, a strategy that has earned it the moniker ''The Everything Store''. It has multiple subsidiaries including Amazon Web Services (cloud computing), Zoox (autonomous vehicles), Kuiper Systems (satellite Internet), and Amazon Lab126 (computer hardware R&D). Its other subsidiaries include Ring, Twitch, IMDb, and Whole Foods Market. Its acquisition of Who ...
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Trae Young
Rayford Trae Young (born September 19, 1998) is an American professional basketball player for the Atlanta Hawks of the National Basketball Association (NBA). He played college basketball for the Oklahoma Sooners. In 2017, he tied the then-record in National Collegiate Athletic Association (NCAA) Division I single-game assists with 22. Young became the only player to ever lead the NCAA in both points and assists in a single season. Nicknamed "Ice Trae", he was drafted by the Dallas Mavericks in the 2018 NBA draft with the fifth pick, and later traded to the Atlanta Hawks, along with a future first-round pick, for the draft rights to Luka Dončić. He joined Dončić in a unanimous selection to the 2019 NBA All-Rookie First Team. He is a two-time NBA All-Star. Early life Born in Lubbock, Texas, Trae is the son of Candice and Rayford Young, who played basketball at Texas Tech and professionally in Europe. He has a younger brother, Tim, and two younger sisters, Caitlyn and Camry ...
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501(c)(3) Organization
A 501(c)(3) organization is a United States corporation, Trust (business), trust, unincorporated association or other type of organization exempt from federal income tax under section 501(c)(3) of Title 26 of the United States Code. It is one of the 29 types of 501(c) organization, 501(c) nonprofit organizations in the US. 501(c)(3) tax-exemptions apply to entities that are organized and operated exclusively for religion, religious, Charitable organization, charitable, science, scientific, literature, literary or educational purposes, for Public security#Organizations, testing for public safety, to foster national or international amateur sports competition, or for the prevention of Child abuse, cruelty to children or Cruelty to animals, animals. 501(c)(3) exemption applies also for any non-incorporated Community Chest (organization), community chest, fund, Cooperating Associations, cooperating association or foundation organized and operated exclusively for those purposes.
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Martha Teichner
Martha Teichner ( ', born January 12, 1948) is an American television news correspondent, currently working with CBS News and a frequent contributor on ''CBS Sunday Morning''. Biography Teichner was born in Traverse City, Michigan, on January 12, 1948. She was raised in nearby Leelanau County, until her father died. Her family then relocated to East Grand Rapids, and graduated from East Grand Rapids High School in 1965. She received her bachelor's degree in economics from Wellesley College in 1969 and Graduate School of Business Administration at the University of Chicago. She began her career at CBS News and her first report was on November 8, 1977, with Walter Cronkite sitting at the anchor desk. Teichner has been a correspondent for ''CBS Sunday Morning'' since December 1993. She has won 10 Emmy Awards and five James Beard Foundation Awards for her work. In February 2021, Teichner published a book, ''When Harry Met Minnie'', about her friendship with a cancer patient, a fell ...
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RIP Medical Debt
RIP Medical Debt is a Long Island City–based 501(c)(3) charity focused on the elimination of personal medical debt. Founded in 2014 by former debt collection executives Jerry Ashton and Craig Antico, the charity purchases portfolios of income-qualifying medical debt from debt collectors and healthcare providers, and then relieves the debt. The charity converts every dollar contributed into $100 of purchased medical debt relief. The founders were inspired by medical debt elimination efforts by Occupy Wall Street. The charity gained attention in 2016 when the TV show ''Last Week Tonight with John Oliver'' used them to turn $60,000 into $15 million of debt forgiveness. As of June 2022, the charity has forgiven debts for over 2,800,000 individuals and families, totaling over $5 billion. ''CBS News Sunday Morning'' profiled RIP Medical Debt in a long-form journalism piece by correspondent Martha Teichner in the April 16, 2023, episode of the Sunday morning television newsmagazine, i ...
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