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.

NoteThe source confirms the 501(c)(3) nonprofit status and the $1 billion commitment for 2026-2027 (stated as 'at least $1 billion' over 'the next year' from March 2026). The four program areas match (life sciences/curing diseases, jobs/economic impact, AI resilience, and community/civil society programs). However, the source does not address several key claims: (1) governance control mechanisms (sole authority to appoint/remove PBC board directors), (2) equity stake percentage (26%) or valuation ($130 billion), and (3) the Safety and Security Committee with power to halt model releases. These omissions mean the claim cannot be fully confirmed. The claim's governance and financial details are unverifiable from this source.