[5636588]

A nonprofit overseeing a for-profit arm, where have I seen this before?

[Gormo]

Plenty of places -- it's not an especially rare model.

[supertrope]

Yes it is common for a charity to own a business. The corporate profits are used to fund the education or social welfare mission.

[wrasee]

I think it was a dig at OpenAI

[karaterobot]

(silently acknowledges that this is a rhetorical question rather than a brainstorming prompt)

[walthamstow]

BBC Studios / BBC America

[freeone3000]

Mozilla

[baq]

IKEA?

[3D30497420]

Same thought I had, though it seems more like a tax-dodge for IKEA: https://en.wikipedia.org/wiki/IKEA#Financial_information

[portaouflop]

TIL Ikea is technically non-profit.

That’s insane

[supertrope]

The NFL used to be a non-profit with the teams paying tax on their profits. It's since changed.

[bloggie]

Rolex? They take $10 of cheap metal, sell it for $10k, and use the profits to fund the charity.

[intunderflow]

Novo Nordisk would be the biggest example I'm aware of

[rvz]

Mozilla and OpenAI.