Anthropic announced plans to allocate 5% of its equity to a new Public Benefit Fund, subject to shareholder approval. For every 50% increase in company value relative to a baseline, the board may allocate another 2% at its discretion; increases are not automatic. The official explanation says the fund will be a wholly owned LLC and will not use its equity for lobbying or political donations. Detailed governance and valuation criteria are to be published later, so the announcement does not establish a cash donation already paid or finalized beneficiaries.