Citation

OpenAI Foundation - Footnote 57

confirmed100% confidence

1 evidence check

Last checked: 4/3/2026

Migrated from citation_quotes. Original verdict: accurate

Evidence — 1 source, 1 check

www.irs.gov/charities-non-profits/private-foundations/excess-business-holdings-of-private-foundation-defined(1 check)

confirmed100%Haiku 4.5 · 4/3/2026

Found: **IRS Classification Uncertainty**: If classified as a private foundation, IRS excess business holdings rules (Section 4943) would limit the foundation to owning 20% of a business enterprise (or 35% w…

Note: Migrated from citation_quotes accuracy check. Original verdict: accurate

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