Subway's late cofounder will give half the company to a charity where his 2 sons work, amid reports the chain is considering a sale

• Subway's last surviving founder, Peter Buck, died in 2021. 
• In 1965, Buck invested $1,000 to help Fred DeLuca start Subway, which grew into a fast-food empire. 
• On Tuesday, Buck's private foundation said it was receiving Buck's 50% stake in Subway.  

Half of Subway, reportedly for sale, will soon be owned by a charity thanks to a gift from the chain's late cofounder Peter Buck. 

Buck, who died last year, left his 50% stake in the chain to the Peter and Carmen Lucia Buck Foundation, according to a Tuesday announcement by the charity. Buck, a nuclear physicist turned entrepreneur, founded the organization in 1999.