OpenAI announces its nonprofit will retain control while gaining an equity stake exceeding $100 billion in a new Public Benefit Corporation (PBC), and launches a $50 million grant initiative to support AI literacy and community innovation. The restructuring aims to ensure the nonprofit benefits financially as OpenAI grows, while maintaining its mission of ensuring AGI benefits all of humanity.
OpenAI reaffirms its nonprofit leadership with a new structure granting equity in its PBC, enabling over $100B in resources to advance safe, beneficial AI for humanity.
# Statement on OpenAI’s Nonprofit and PBC
Source: [https://openai.com/index/statement-on-openai-nonprofit-and-pbc/](https://openai.com/index/statement-on-openai-nonprofit-and-pbc/)
OpenAIOpenAI’s planned evolution will see the existing OpenAI nonprofit both control a Public Benefit Corporation \(PBC\) and share directly in its success\. OpenAI started as a nonprofit, remains one today, and will continue to be one—with the nonprofit holding the authority that guides our future\.
[As previously announced](https://openai.com/index/evolving-our-structure/)and as outlined in[our non\-binding MOU with Microsoft](https://openai.com/index/joint-statement-from-openai-and-microsoft/), the OpenAI nonprofit’s ongoing control would now be paired with an equity stake in the PBC\. Today, we are sharing that this new equity stake would exceed $100 billion—making it one of the most well\-resourced philanthropic organizations in the world\. This recapitalization would also enable us to raise the capital required to accomplish our mission—and ensure that as OpenAI’s PBC grows, so will the nonprofit’s resources, allowing us to bring it to historic levels of community impact\.
This structure reaffirms that our core mission remains ensuring AGI benefits all of humanity\. Our PBC charter and governance will establish that safety decisions must always be guided by this mission\. We continue to work with the California and Delaware Attorneys General as an important part of strengthening our approach, and we remain committed to learning and acting with urgency to ensure our tools are helpful and safe for everyone, while advancing safety as an industry\-wide priority\.
As part of this next phase, the OpenAI nonprofit has launched a call for applications for the first wave of[a $50 million grant initiative](https://openai.com/index/people-first-ai-fund/)to support nonprofit and community organizations in three areas: AI literacy and public understanding, community innovation, and economic opportunity\. This is just the beginning\. Our recapitalization would unlock the ability to do much more\.
We look forward to listening, learning, and building this new chapter together: where philanthropy, innovation, and community leadership shape not only how AI is used, but how the Intelligence Age itself is defined\.
OpenAI has completed its recapitalization, establishing the OpenAI Foundation as a nonprofit entity controlling the for-profit business with approximately $130 billion in equity, enabling the foundation to pursue a $25 billion philanthropic commitment in health breakthroughs and AI resilience while maintaining mission-focused governance.
OpenAI's Board of Directors released a statement acknowledging findings from an independent Nonprofit Commission report, which evaluated the organization's philanthropic initiatives and long-term impact strategy. The board committed to using the commission's recommendations to improve its nonprofit operations and mission alignment.
OpenAI announced the creation of OpenAI LP, a hybrid capped-profit structure combining for-profit and nonprofit elements to raise capital for AI supercomputing infrastructure while maintaining its AGI safety mission. Investors and employees receive capped returns, with excess value flowing to the original OpenAI Nonprofit entity.
OpenAI announces its founding as a non-profit AI research institution with the mission to develop human-level AI safely and democratize benefits across society. The organization is led by world-class researchers including Ilya Sutskever and Greg Brockman, with $1 billion in committed funding from prominent investors and companies.
OpenAI's Board is evaluating corporate structure changes to better support its AGI mission, considering how to optimize the relationship between its nonprofit and for-profit arms while ensuring long-term sustainability and alignment with its core objectives of advancing safe AGI that benefits all humanity.