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

bureau of the ''

'', and

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 ...

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

History

Operations

See also

References

External links