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the decoder · October 5, 2026

Anthropic's $660m employee donation plan ahead of ipo

anthropic lets employees donate shares to charities and tops up those donations with additional company shares, costing $660m between october 2025 and march 2026. this impacts shareholder dilution.

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anthropic's employee donation plan allows employees to donate shares to charities, which the company matches with additional shares. between october 2025 and march 2026, this plan cost anthropic $660m. in 2025, the company donated a total of $540m, surpassing major corporate donors like truist financial ($115m) and blackrock ($109m). the company's ceo and co-founders have pledged to give away at least 80% of their wealth. employee donations may reach the billions after the ipo if the stock price rises.

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