Hacker News new | ask | show | jobs
by ezfe 940 days ago
The board is the charity though, which is why the person you're replying to made the remark about MSFT employees being appointed to the board
1 comments

A charity is a type of not-for-profit organisation however the main difference between a nonprofit and a charity is that a nonprofit doesn't need to reach a 'charitable status' whereas a charity, to qualify as a charity, needs to meet very specific or strict guidelines
Yes, I misspoke - I meant nonprofit
You were right though, OpenAI Inc, which the board controls, is a 501c3 charity.