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Jasmine Social Investments
Jasmine Social Investments is a New Zealand-based private foundation started by the entrepreneur Sam Morgan in 2006 following the sale of his company Trade Me to Fairfax Media. Similar resources * Acumen Fund * Bill and Melinda Gates Foundation * Good Ventures * Mulago Foundation * Omidyar Network * Peery Foundation * Skoll Foundation * Draper Richards Kaplan Foundation Started in 2002, Draper Richards Kaplan Foundation (DRK Foundation) is a global venture philanthropy firm supporting social enterprises. History The Draper Richards Kaplan Foundation is the philanthropic arm of Draper Richards, a venture capit ... References External links * {{Official website, http://www.jasmine.org.nz Foundations based in New Zealand 2006 establishments in New Zealand ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Foundation
A private foundation is a tax-exempt organization not relying on broad public support and generally claiming to serve humanitarian purposes. The Bill & Melinda Gates Foundation is the largest private foundation in the U.S. with over $38 billion in assets.National Center for Charitable Statistics Most private foundations are much smaller. Out of the 84,000 private foundations that filed with the IRS in 2008, approximately 66% have less than $1 million in assets, and 93% have less than $10 million in assets. In aggregate, private foundations in the U.S. control over $628 billion in assets and made more than $44 billion in charitable contributions in 2007. Unlike a charitable foundation, a private foundation does not generally solicit funds from the public or have the legal requirements and reporting responsibilities of a registered, non-profit or charitable foundation. Not all foundations engage in philanthropy: some private foundations are used for estate planning purposes. Des ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand
New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island country by area, covering . New Zealand is about east of Australia across the Tasman Sea and south of the islands of New Caledonia, Fiji, and Tonga. The country's varied topography and sharp mountain peaks, including the Southern Alps, owe much to tectonic uplift and volcanic eruptions. New Zealand's capital city is Wellington, and its most populous city is Auckland. The islands of New Zealand were the last large habitable land to be settled by humans. Between about 1280 and 1350, Polynesians began to settle in the islands and then developed a distinctive Māori culture. In 1642, the Dutch explorer Abel Tasman became the first European to sight and record New Zealand. In 1840, representatives of the United Kingdom and Māori chiefs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sam Morgan (entrepreneur)
Sam Morgan (born 1975) is best known as the founder of Trade Me, New Zealand's largest online auction site, which he sold in 2006 to Australian media company Fairfax for over NZ$700 million. Personal history Morgan grew up in Wellington, New Zealand, with his father economist Gareth Morgan and mother Jo Morgan a local bus driver. He attended Newtown School, Rongotai College and Victoria University of Wellington before opting out in 1995. Professional history Morgan worked for IT consultancy Deloitte before leaving to start up Trade Me in 1999. Trade Me kept him very busy and at one point he was living 200 metres from the main office on Wellington Waterfront. On March 6, 2006, John Fairfax Holdings agreed to buy Trade Me for NZ$700 million, plus another NZ$50 million if financial targets were met over the next two years. Sam Morgan received $227 million (excluding future bonuses), making him one of the richest people in New Zealand overnight. Morgan is now an investor and ad ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trade Me
Trade Me is New Zealand's largest online auction and classifieds website. Managed by Trade Me Ltd., the site was founded in 1999 by New Zealand entrepreneur Sam Morgan, who sold it to Fairfax in 2006 for NZ$700 million. Trade Me was publicly listed as a separate entity on 13 December 2011 under the ticker "TME". In May 2019, Trade Me was acquired by private equity firm Apax Partners for NZ$2.56 billion. Trade Me Ltd also operates several sister websites including FindSomeone and Holiday Houses. , Trade Me's website was the fifth most visited in New Zealand and was ranked 2,711th globally according to Alexa Internet. In a country with a population of million, the Trade Me site has, , 5 million active members. , an average of 690,000 people visit the site each day. Participating traders primarily use New Zealand's banking system to settle payments, although Trade Me offers sellers the ability to accept credit card payments via Trade Me's own instant payment service, 'Ping' (f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fairfax Media
Fairfax Media was a media company in Australia and New Zealand, with investments in newspaper, magazines, radio and digital properties. The company was founded by John Fairfax as John Fairfax and Sons, who purchased ''The Sydney Morning Herald'' in 1841. The Fairfax family retained control of the business until late in the 20th century. The company also owned several regional and national Australian newspapers, including ''The Age'', ''Australian Financial Review'' and '' Canberra Times'', majority stakes in property business Domain Group and the Macquarie Radio Network, and joint ventures in streaming service Stan and online publisher HuffPost Australia. The group's last chairman was Nick Falloon and the chief executive officer was Greg Hywood. On 26 July 2018, Fairfax Media and Nine Entertainment Co. announced it had agreed on terms for a merger between the two companies. Shareholders in Nine Entertainment Co. took a 51% of the combined entity and Fairfax shareholders ow ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Acumen Fund
Acumen (formerly known as Acumen Fund, legally Acumen Fund, Inc.) is a nonprofit impact investment fund focused on investing in social enterprises that serve low-income individuals in United States. Acumen was founded in April 2001 by Jacqueline Novogratz. It aims to demonstrate that small amounts of philanthropic capital, combined with business acumen can result in thriving enterprises that serve vast numbers of the poor. Over the years, Acumen has invested $115 million in 113 companies and has had a successful track record in sourcing and executing investment opportunities in the clean energy, health care and agriculture sectors. History Acumen was founded in 2001 by Jacqueline Novogratz, with help of seed capital from the Rockefeller Foundation, Cisco Systems Foundations and three individual philanthropists. Acumen uses a business mechanism to fight poverty, investing in for-profit businesses that treat the poor as customers. Investment model Acumen's model is to invest as e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bill And Melinda Gates Foundation
The Bill & Melinda Gates Foundation (BMGF), a merging of the William H. Gates Foundation and the Gates Learning Foundation, is an American private foundation founded by Bill Gates and Melinda French Gates. Based in Seattle, Washington, it was launched in 2000 and is reported as of 2020 to be the second largest charitable foundation in the world, holding $49.8 billion in assets. On his 43rd birthday, Bill Gates gave the foundation $1 billion. The primary stated goals of the foundation are to enhance healthcare and reduce extreme poverty across the world, and to expand educational opportunities and access to information technology in the U.S. Key individuals of the foundation include Bill Gates, Melinda French Gates, Warren Buffett, chief executive officer Mark Suzman, and Michael Larson. The BMGF had an endowment of approximately $50 billion . The scale of the foundation and the way it seeks to apply business techniques to giving makes it one of the leaders in venture philanth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Good Ventures
Good Ventures is a private foundation and philanthropic organization in San Francisco, and the fifth largest foundation in Silicon Valley. It was co-founded by Cari Tuna, a former ''Wall Street Journal'' reporter, and her husband Dustin Moskovitz, one of the co-founders of Facebook. Good Ventures adheres to principles of Effective Altruism and aims to spend most or all of its money before Moskovitz and Tuna die. Good Ventures does not have any full-time staff, and instead distributes grants according to recommendations from Open Philanthropy. History Cari Tuna, then a reporter at the San Francisco bureau of the ''Wall Street Journal'', and Dustin Moskovitz, Facebook co-founder, started dating in 2009. In 2010, Moskovitz signed the Giving Pledge, and he and Tuna began investigating how best to give away the money. Tuna first learned about charity evaluator GiveWell and the movement for effective giving after reading '' The Life You Can Save'', and the couple was introduc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mulago Foundation
The Mulago Foundation is a private foundation focused on high impact philanthropy: investing in charities and philanthropic opportunities that have the highest impact. The foundation was originally envisioned by Rainer Arnhold, a San Francisco pediatrician and philanthropist, who taught at Mulago Hospital, Uganda. The foundation was officially created by his brother Henry Arnhold after Rainer Arnhold's death in 1993. Operations Criteria for funding organizations The Foundation's stated goal is to identify and invest in the highest impact giving opportunities. On their "How we fund" page, they write that they are looking for three things: a ''priority problem'', a ''scalable solution'', and ''an organization that can deliver''. Once they identify an organization they wish to fund, they provide unrestricted and continued funding. Unlike most foundations, the Mulago Foundation does not accept or solicit proposals, but rather, the foundation itself tries to locate organizations to gi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Omidyar Network
Omidyar Network is a self-styled "philanthropic investment firm," composed of a foundation and an impact investment firm. Established in 2004 by eBay founder Pierre Omidyar and his wife Pam, Omidyar Network has committed over $1.5billion to nonprofit organizations and for-profit companies across multiple investment areas. According to the OECD, Omidyar Network's financing for 2019 development increased by 10% to US$58.9 million. Activism and accomplishments In February 2021, the network hosted series on whistleblowing and has provided financial support to Facebook whistleblower Frances Haugen and Pinterest whistleblower Ifeoma Ozoma. Structure Composed of a 501(c)(3) and a Limited Liability Company (LLC), Omidyar Network is structured to work across the social, business, and government sectors. Like a traditional foundation, it makes grants through its 501(c)(3) entity; through its LLC, it invests in for-profit entities. It is a part of The Omidyar Group. In 2018, Omidya ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peery Foundation
The Peery Foundation is a private foundation based in Palo Alto (near San Francisco), California, US. According to its website, it "primarily invests in early to mid-stage social entrepreneurs who are effectively addressing the issues of poverty." It funds local organizations in the Bay Area as well as organizations working to combat poverty and its ill-effects worldwide. Operations Criteria for funding organizations The Peery Foundation has four portfolios of grantees: Local, Regional, Global, and Ecosystems. According to their website, they use different criteria for grantees in each portfolio. There are three broad aspects to the criteria used in all portfolios: ''people'' (the people running the organization being funded), ''idea'' (the relative importance of the idea, and whether the organization can pull it off), and ''impact'' (how many people will be impacted by the idea). Organizations funded by Peery Foundation Here are some of the organizations in the Peery Foundat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Skoll Foundation
The Skoll Foundation is a private foundation based in Palo Alto, California. The foundation makes grants and investments intended to reduce global poverty. Jeffrey Skoll created the foundation in 1999. The total assets of the foundation (including its affiliated funds) are $1.127 billion as of the end of 2018. The combined entities made grants totaling about $71 million in 2018 (and disbursements of $56M), based on unaudited numbers reported by the foundation. According to the most recent audited financial statements, the non-grant expenses for the foundation totaled around $17M in 2018. History Skoll set up the foundation in 1999 to fund social entrepreneurship through awards, grants and educational programs at Oxford and Harvard Universities. In late 2003, Skoll established the private Skoll Foundation. The two entities, which have distinct governing bodies but share staff and offices, together operate the foundation's grantmaking and other programs. In 2001, Skoll hired Sal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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