Good Ventures is a
private foundation and
philanthropic organization in
San Francisco
San Francisco (; Spanish for " Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the fourth most populous in California and 17th ...
, and the fifth largest foundation in Silicon Valley. It was co-founded by
Cari Tuna, a former ''
Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...
'' reporter, and her husband
Dustin Moskovitz
Dustin Aaron Moskovitz (; born May 22, 1984) is an American Internet entrepreneur who co-founded Facebook, Inc. (now known as Meta) with Mark Zuckerberg, Eduardo Saverin, Andrew McCollum and Chris Hughes. In 2008, he left Facebook to co-found ...
, one of the co-founders of
Facebook
Facebook is an online social media and social networking service owned by American company Meta Platforms. Founded in 2004 by Mark Zuckerberg with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin Mosk ...
.
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
San Francisco (; Spanish for " Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the fourth most populous in California and 17th ...
bureau of the ''
Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...
'', and
Dustin Moskovitz
Dustin Aaron Moskovitz (; born May 22, 1984) is an American Internet entrepreneur who co-founded Facebook, Inc. (now known as Meta) with Mark Zuckerberg, Eduardo Saverin, Andrew McCollum and Chris Hughes. In 2008, he left Facebook to co-found ...
,
Facebook
Facebook is an online social media and social networking service owned by American company Meta Platforms. Founded in 2004 by Mark Zuckerberg with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin Mosk ...
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
GiveWell is an American non-profit charity assessment and effective altruism-focused organization. GiveWell focuses primarily on the cost-effectiveness of the organizations that it evaluates, rather than traditional metrics such as the percentag ...
and the movement for effective giving after reading '' The Life You Can Save'', and the couple was introduced to the ideas of effective altruism. Tuna and Moskovitz formed Good Ventures. Moskovitz was busy running Asana, so Tuna quit her job in 2011 to work full-time on Good Ventures. She also joined the board of GiveWell in April 2011.
In March 2013, Good Ventures launched its own website. In August 2014, GiveWell Labs, an internal project of GiveWell that did research on effective philanthropy, morphed into the Open Philanthropy Project
Open Philanthropy is a research and grantmaking foundation that makes grants based on the doctrine of effective altruism. It was founded as a partnership between GiveWell and Good Ventures. Its current co-chief executive officers are Holde ...
, a joint venture of GiveWell and Good Ventures. Good Ventures no longer has any full-time staff, and distributes grants according to recommendations from Open Philanthropy.
Operations
Good Ventures plans to spend out the majority of its money before the death of Moskovitz and Tuna. Most of the money for the foundation comes from the stock Moskovitz obtained as a Facebook and Asana co-founder. The organization has a publicly available grants database on its website. Good Ventures LLC invests in for-profits related to human health and well-being, and donates earnings to the Good Ventures Foundation. Its investments include Vicarious
Vicarious may refer to:
* Vicariousness, experiencing through another person
* Vicarious learning, observational learning
In law
* Vicarious liability, a term in common law
* Vicarious liability (criminal), a term in criminal law
Religion
* Vic ...
, a company working in artificial intelligence
Artificial intelligence (AI) is intelligence—perceiving, synthesizing, and inferring information—demonstrated by machines, as opposed to intelligence displayed by animals and humans. Example tasks in which this is done include speech r ...
.
See also
* Chan Zuckerberg Initiative
The Chan Zuckerberg Initiative (CZI) is an organization established and owned by Facebook founder Mark Zuckerberg and his wife Priscilla Chan with an investment of 99 percent of the couple's wealth from their Facebook shares over their lifet ...
* Giving What We Can
Giving What We Can (GWWC) is an effective altruism-associated organisation whose members pledge to give at least 10% of their income to effective charities. It was founded at Oxford University in 2009 by the philosopher Toby Ord, physician-in- ...
* 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 Foundati ...
* Laura and John Arnold Foundation
* 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 pe ...
* 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 ...
* Peery Foundation
* 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 (includi ...
References
External links
*
{{Effective altruism
Foundations based in the United States
2011 establishments in California
Organizations based in San Francisco
Organizations associated with effective altruism