Anthropic Commits 5% of Shares to New Public Benefit Fund
Anthropic has launched the Anthropic Public Benefit Fund, a fully-owned LLC, designed to direct 5% of its shares towards public welfare, subject to stockholder approval. Additionally, for every 50% rise in the company's value, an extra 2% will be allocated. This effort is part of the co-founders' commitment to donate 80% of their shares and includes an employee equity donation matching program, amounting to approximately 20% for public benefit. The LLC format provides the company with the freedom to give, while excluding lobbying activities. Anthropic has pledged $200 million to research AI's effects on the labor market and intends to make larger contributions through the Fund. Furthermore, the company is strengthening election protections for the 2026 US midterms and has established an office in Singapore.
Key facts
- 5% of Anthropic shares committed to the Anthropic Public Benefit Fund today, subject to stockholder approval
- An additional 2% added at board discretion for every 50% increase in company value above a set baseline
- Fund established as a wholly-owned LLC rather than a 501(c)(3)
- No Anthropic equity held by the LLC will be used for lobbying or political giving in the US or abroad
- Co-founders pledged 80% of their equity holdings at founding; about half of employees participate in an equity donation match program
- Roughly 20% of Anthropic shares will be dedicated to the public good when combined with today's announcement
- Anthropic has committed $200 million to studying and addressing AI's labor market impacts
- METR receives employee-like access to evaluate system safety; early talks underway with organizations including Hugging Face
- Anthropic opened a Singapore office and signed an MOU with the Government of Singapore
Entities
Artists
Institutions
- Anthropic
- Anthropic Public Benefit Fund
- METR
- Hugging Face
- Government of Singapore
Locations
- Singapore
- United States