OpenAI Foundation — Description: 501(c)(3) nonprofit (formerly OpenAI, Inc.) that retains governance control over OpenAI Group PBC through sole authority to appoint and remove all PBC board directors. Holds a 26% equity stake valued at approximately $130 billion. Operates the Safety and Security Committee with power to halt model releases. Committed $1 billion in grants for 2026-2027 across health, AI resilience, economic impact, and civil society programs.

Note: The source confirms the nonprofit status and the $1 billion investment commitment (though phrased as 'at least $1 billion' over 'the next year' rather than specifically '2026-2027'). However, the source does not address several key claims: the Foundation's governance control over OpenAI Group PBC, the 26% equity stake, the $130 billion valuation, or the Safety and Security Committee's power to halt model releases. These governance and financial details are simply not discussed in the provided excerpt. The investment areas mentioned (life sciences/curing diseases, jobs/economic impact, AI resilience, community programs) align with the claim's categories, confirming that aspect.