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' in a March 2026 document). The four program areas mentioned in the claim (health/life sciences, AI resilience, economic impact, civil society) are all present in the source. However, the source does not address several key claims: (1) governance control over OpenAI Group PBC through sole board appointment authority, (2) the 26% equity stake, (3) the $130 billion valuation, or (4) a 'Safety and Security Committee' with power to halt model releases. The source discusses 'AI Model Safety' as a focus area but does not describe a committee with halt authority. These omissions mean the claim cannot be fully confirmed—only the nonprofit status and $1 billion commitment are verifiable from this source.