OpenAI lets employees donate their shares to charity
After a long wait, OpenAI employees can finally donate their equity shares to charity.
The company rolled out this option following recent restructuring and funding rounds, but it's only open for a short time—so staff need to act fast.
Since the process is a bit tricky, OpenAI suggests talking to a tax or financial advisor before making the move.
Why this matters now
This chance comes 18 months later than expected, which has been frustrating for those eager to give back.
Now, with share values up around $483 each and after a major $1.5 billion share sale to SoftBank, employees can make an even bigger impact.
The move also helps address concerns about equity control and keeps OpenAI competitive with other tech companies that offer similar perks for talent who care about doing good.