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 investment commitment for 2026-2027 across the four stated program areas (health/life sciences, economic impact, AI resilience, civil society). However, the source is silent on several key claims: (1) the Foundation's governance control over OpenAI Group PBC through sole board appointment authority, (2) the 26% equity stake valued at $130 billion, and (3) the Safety and Security Committee with power to halt model releases. These governance and equity details are not mentioned in the provided excerpt. The claim is partially verifiable but incomplete based on this source alone.