Birchall: no OpenAI entity existed to receive April payment
- From:
- Jared Birchall
- Date:
- July 9, 2016 (Sent 9:03 PM)
- To:
- Elon Musk
- Subject:
- Re: Weekly Update
We were supposed to begin the quarterly contributions to OpenAI in April, but because they didn't have an entity in place to even make a contribution we didn't pay. They scrambled and in June started using another 501(c)3 as a conduit until OpenAI is officially granted 501(c)3 status. We verified the conduit and just made the first payment in June. The application process is long and tedious. I'm not sure why they have taken so long to apply, but my inquiry lit a fire under them. Earlier today I received all the electronic formation documents for OpenAI, as well as for the conduit organization and have started going through them. I will request the other docs as well.
The plan is to always give through the DAF so no press is generated on that front. I'll keep tabs on other items that could potentially generate press.
The building rent starts August 15th. Atit already has our first month's rent. He'll make the building available as needed for planning and prep.