501(c)(3)

topic on 3 shows · 3 statements across 3 episodes

the Y Combinator Startup Podcast Masters of Scale the Green Blueprint

3 statements about 501(c)(3), every show

Modern high-impact philanthropy requires multi-entity conglomerate structures
“Which is instead of thinking about a foundation as a single grant giving organization, they built a conglomerate. And the conglomerate contains a grant giving foundation, typically called a private foundation, a private operating foundation, which is also a fi…”
Adam Miller Jun 14, 2024 ▶ 1:11:14 From the brink of closure to a $5.2 billion sale (with Cornerstone's Adam Miller) | Masters of Scale
GREEN BLUEPRINT Assertion Supported
Kibbe: 501(c)(4) Structure Lets Patagonia's Successor Org Lobby and Fund Politics
“And then also, he's going to be a five oh one C four, which is not only, which is different than the traditional five oh one C three structure that most nonprofits are, which means they're also going to be able to lobby and give money to political causes, whic…”
Rachel Kibbe Oct 5, 2022 ▶ 9:33 Patagonia’s founder gives away the company for climate
Y COMBINATOR Assertion Supported
Musk in 2016: OpenAI is structured as a 501(c)(3) nonprofit
“OpenAI is structured as see a five one C three nonprofit but, you know, many nonprofits do not have a sense of urgency.”
Elon Musk Sep 15, 2016 ▶ 15:11 Elon Musk : How to Build the Future · Y Combinator

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