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1. epista+LW[view] [source] 2024-03-01 16:48:03
>>modele+(OP)
The defendant list is a bit bewildering. How usual is a corporate structure like this? Which, if any of these, is the nonprofit?

  OPENAI, INC., a corporation, 
  OPENAI, L.P., a limited partnership, 
  OPENAI, L.L.C., a limited liability company, 
  OPENAI GP, L.L.C., a limited liability company, 
  OPENAI OPCO, LLC, a limited liability company, 
  OPENAI GLOBAL, LLC, a limited liability company, 
  OAI CORPORATION, LLC, a limited liability company, 
  OPENAI HOLDINGS, LLC, a limited liability company,
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2. zitter+vX[view] [source] 2024-03-01 16:51:51
>>epista+LW
The organization consists of the non-profit OpenAI, Inc. registered in Delaware and its for-profit subsidiary OpenAI Global, LLC. (From Wikipedia)
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3. debacl+4Y[view] [source] 2024-03-01 16:53:44
>>zitter+vX
A non-profit can have a for-profit subsidiary?
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4. Kranar+I11[view] [source] 2024-03-01 17:11:52
>>debacl+4Y
Absolutely, Mozilla is another relevant example where the Mozilla Foundation is a non-profit that owns the Mozilla Corporation, which is for-profit. Furthermore many non-profits also buy shares of for-profit corporations, for example the Gates Foundation owns a large chunk of Microsoft.

You can imagine a non-profit buying enough shares of a for-profit company that it can appoint the for-profit company's board of directors, at which point it's a subsidiary.

Heck a non-profit is even allowed and encouraged to make a profit. There are certainly rules about what non-profits can and can't do, but the big rule is that a non-profit can't distribute its profits, ie. pay out a dividend. It must demonstrate that their expenditures support their tax exempt status, but the for-profit subsidiary is more than welcome to pay out dividends or engage in activities that serve private interests.

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