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Anthropic to Fund New Public-Benefit Vehicle With 5% of Equity
3-line summary
- Anthropic said it will contribute 5% of its equity to a newly created public benefit fund, structured as a wholly owned LLC, with an additional 2% of equity to be allocated to the fund each time the company's valuation rises 50% above an undisclosed baseline, at the board's discretion; the fund's dollar size was not disclosed. Planned uses include donations to nonprofits, direct support for specific groups, and addressing AI's impact on the labor market.
- The move was compared with other major philanthropic efforts: the OpenAI Foundation holds a 26% stake in OpenAI's for-profit arm (valued at about $130 billion at its October 2025 restructuring) with an initial $25 billion pledge for health and AI-safety causes; the Bill & Melinda Gates Foundation has spent more than $102.3 billion in its first 25 years, plans to spend an additional $200 billion before dissolving in December 2045, and expects to spend $9 billion in 2026.
- Other comparisons cited: Warren Buffett has donated more than half his Berkshire shares (over $47 billion to the Gates Foundation, over $17 billion to four family foundations) and plans to give 99.5% of his remaining wealth to charitable trusts; MacKenzie Scott received about 4% of Amazon (worth about $36 billion) in her 2019 divorce and donated $7.1 billion in 2025; the Ford Foundation holds about $18 billion in assets; the Lilly Endowment has distributed about $21.3 billion over 88 years with $3.85 billion in 2025; and the Novo Nordisk Foundation distributed DKK 11.8 billion (about $1.77 billion) across 2,206 grants in 2025.
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