May 2013 Newsletter

Dear friends,

If there’s one thing we know from the study of risk, it’s that sudden, unexpected events can change the game. So it was for the 2010 Deepwater Horizon oil spill, the subject of a new paper by GCRI Deputy Director Grant Wilson. So too it is right now for GCRI and our parent organization Blue Marble Space, which recently lost its 501c3 tax status. For Deepwater Horizon, the result was several deaths plus massive environmental and economic damage. For GCRI, it means we have to …

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Blue Marble Space 501c3 Status Revoked

On Friday, April 5, Blue Marble Space (BMS) was informed by the IRS that its 501c3 nonprofit status has been revoked. Details can be found in this series of letters from BMS President Sanjoy Som.

GCRI is a BMS initiative. Therefore, as of April 5, GCRI also does not have 501c3 status, and donations made to GCRI will not be tax exempt. We are working with BMS to resolve this situation and regain 501c3 status as fast as possible. We will keep you updated as the …

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