Anthropic proposes putting 5% of its shares into a public-benefit fund

Anthropic published an announcement on Oct. 18, 2026, outlining a proposed public-benefit fund. The plan would initially transfer equity equal to 5% of Anthropic’s shares to the fund, but the allocation requires stockholder approval.

The company’s board could increase the fund’s equity by 2% for every 50% rise in Anthropic’s value above a specified baseline. The proposal therefore includes an additional mechanism for expanding the allocation as the company’s value increases.

Anthropic says the fund would operate as a wholly owned limited liability company. It would not be organized as a 501(c)(3) organization.

The fund could provide support through nonprofit donations and direct distributions to particular populations. Anthropic also says equity held by the fund would not be used for lobbying or political giving.

The proposed allocation is part of Anthropic’s broader public-benefit commitments. The company says those commitments, combined with the new fund, would dedicate about 20% of its shares to public benefit.

The proposal’s initial 5% allocation remains subject to stockholder approval. The company’s announcement also outlines the board’s ability to add equity under the specified increase in company value.

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