The Skoll Foundation is a

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 i ...

based in

Palo Alto Palo Alto (; Spanish for "tall stick") is a charter city in the northwestern corner of Santa Clara County, California, United States, in the San Francisco Bay Area, named after a coastal redwood tree known as El Palo Alto. The city was es ...

California California is a state in the Western United States, located along the Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the most populous U.S. state and the 3rd largest by area. It is also the m ...

. The foundation makes grants and investments intended to reduce global poverty.

Jeffrey Skoll Jeffrey Stuart Skoll, OC (born January 16, 1965) is a Canadian engineer, billionaire internet entrepreneur and film producer. He was the first president of eBay, eventually using the wealth this gave him to become a philanthropist, particularly ...

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 Grant or Grants may refer to: Places *Grant County (disambiguation) Australia * Grant, Queensland, a locality in the Barcaldine Region, Queensland, Australia United Kingdom *Castle Grant United States * Grant, Alabama * Grant, Inyo County, ...

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 Social entrepreneurship is an approach by individuals, groups, start-up companies or entrepreneurs, in which they develop, fund and implement solutions to social, cultural, or environmental issues. This concept may be applied to a wide range of ...

through awards, grants and educational programs at

Oxford Oxford () is a city in England. It is the county town and only city of Oxfordshire. In 2020, its population was estimated at 151,584. It is north-west of London, south-east of Birmingham and north-east of Bristol. The city is home to the ...

and

Harvard Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher le ...

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 Sally Osberg, formerly the founding executive director of the Children's Discovery Museum of San Jose. Osberg was the foundation's first employee, president and CEO. Osberg claims that she led the organization through its startup, implementation and renewal phases. Osberg and her colleagues set up platforms to connect civil society members with private and public sector leaders. These platforms included partnerships with

Sundance Festival The Sundance Film Festival (formerly Utah/US Film Festival, then US Film and Video Festival) is an annual film festival organized by the Sundance Institute. It is the largest independent film festival in the United States, with more than 46,66 ...

and Oxford's

Saïd Business School Saïd Business School (Oxford Saïd or SBS) is the business school of the University of Oxford. The School is a provider of management education and is consistently ranked as one of the world's top business schools. Oxford School of Management ...

. In 2018, Richard Fahey assumed the role of interim president after 14 years of executive leadership at the foundation. In February 2019,

Donald Gips Donald Henry Gips (born February 1, 1960) is the CEO of the Skoll Foundation. He is a former U.S. Ambassador to the Republic of South Africa from 2009 to 2013. Ambassador Gips was appointed by President Barack Obama on June 4 and confirmed by the S ...

was appointed as the foundation's CEO. Formerly, Gips served as the U.S. Ambassador to the

Republic of South Africa South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring countr ...

. In March 2021, the foundation hired Marla Blow as its president and

chief operating officer A chief operating officer or chief operations officer, also called a COO, is one of the highest-ranking executive positions in an organization, composing part of the " C-suite". The COO is usually the second-in-command at the firm, especially if ...

. She had formerly served as the senior vice president for social impact in North America for the Mastercard Center for Inclusive Growth. The foundation, which moved to its Palo Alto headquarters in 2004, also collaborated closely with the Skoll Global Threats Fund, established in 2009, to address climate change,

pandemic A pandemic () is an epidemic of an infectious disease that has spread across a large region, for instance multiple continents or worldwide, affecting a substantial number of individuals. A widespread endemic disease with a stable number of in ...

water security Water security is the focused goal of water policy and water management. A society with a high level of water security makes the most of water's benefits for humans and ecosystems and limits the risk of destructive impacts associated with water. T ...

nuclear proliferation Nuclear proliferation is the spread of nuclear weapons, fissionable material, and weapons-applicable nuclear technology and information to nations not recognized as " Nuclear Weapon States" by the Treaty on the Non-Proliferation of Nuclear Wea ...

, and conflict in the Middle East. Some of the fund's initiatives supported by the foundation have included an app, developed in partnership with the Brazilian Ministry of Health, that allowed monitoring of health conditions and potential infection by the

Zika Zika fever, also known as Zika virus disease or simply Zika, is an infectious disease caused by the Zika virus. Most cases have no symptoms, but when present they are usually mild and can resemble dengue fever. Symptoms may include fever, red ...

virus during the

2016 Olympics ) , nations = 207 (including IOA and EOR teams) , athletes = 11,238 , events = 306 in 28 sports (41 disciplines) , opening = 5 August 2016 , closing = 21 August 2016 , opened_by = Vice President Michel Temer , cauldron = Vanderlei Cordeiro ...

; supporting surveillance technologies that identify epidemics at their earliest outbreak; and development of an online tool that will help policymakers identify global water risk and

food security Food security speaks to the availability of food in a country (or geography) and the ability of individuals within that country (geography) to access, afford, and source adequate foodstuffs. According to the United Nations' Committee on World ...

hot spots. The foundation began funding research into pandemic preparedness and prevention in 2009. Simultaneously, the organization funded research into climate change water scarcity, nuclear weapons and conflict in the Middle East; it called this its Global Threats Fund. Previously, the foundation partnered with Google's philanthropic arm, Google.org to fund

Nathan Wolfe Nathan Daniel Wolfe, Ph.D. (born 24 August 1970) is an American virologist. He was the founder (in 2007) and director of Global Viral and the Lorry I. Lokey Visiting Professor in Human Biology at Stanford University. Career Dr. Wolfe spent ov ...

's 2008 research into

cross-species transmission Cross-species transmission (CST), also called interspecies transmission, host jump, or spillover, is the transmission of an infectious pathogen, such as a virus, between hosts belonging to different species. Once introduced into an individual of a ...

amongst Cameroonian bushmeat hunters. In 2018 the fund created Ending Pandemics, a non-profit spun out from its research into pandemic detection and rapid response. Skoll increased the foundation's 2020 grant to $200 million to respond to the pandemic's economic, health and social impact. The African Field Epidemiology Network, a group that works with

Africa Centres for Disease Control and Prevention The Africa Centres for Disease Control and Prevention (Africa CDC) is a public health agency of the African Union to support the public health initiatives of member states and strengthen the capacity of their health institutions to deal with dis ...

were the foundation's first COVID-related grantees. The foundation also gave sixty-four past and current Skoll grantees $50,000 in emergency funding during this period.

Skoll Centre for Social Entrepreneurship at the University of Oxford

In 2003, the foundation donated $7.5M to the

at Oxford University to establish the

Skoll Centre for Social Entrepreneurship The Skoll Centre for Social Entrepreneurship is an academic entity for the advancement of social entrepreneurship at Saïd Business School at the University of Oxford. The Centre's goal is to "maximise the impact of social entrepreneurship to tra ...

. The center studies and promotes socially purposed businesses and hosts a one-year MBA programme in social entrepreneurship. The grant also funded an endowed lectureship, program director, visiting fellows, five

MBA A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...

student fellowships, visiting fellows, and the annual Skoll World Forum on Social Entrepreneurship. The Skoll Centre's activities concentrate on educating social change leaders, practical research and convening leaders in the social change field.

Skoll World Forum

The annual Skoll World Forum assembles

leaders at the Said Business School at to discuss solutions to social challenges. The foundation held its first forum in 2004. Attendance was roughly 1200 as of the 2019 Forum, and the delegates represented around 80 countries. The event facilitates

impact investing Impact investing refers to investments "made into companies, organizations, and funds with the intention to generate a measurable, beneficial social or environmental impact alongside a financial return". At its core, impact investing is about an a ...

Notable speakers

The Skoll Awards for Social Entrepreneurship

Skoll Awards for Social Entrepreneurship Ceremony (5579162982)

Each year, the Skoll Foundation presents the Skoll Awards for Social Entrepreneurship. The foundation accepts nominations from within its network. The following list of Skoll Awards organized by year. Skoll claims the awards are to raise awareness through storytelling. "We felt that part of our mission was to create a ceremony where these folks are given more notoriety.”

References

External links

* {{Official website
List of Skoll Awardees

Skoll Global Threats Fund
Development charities based in the United States Foundations based in the United States Non-profit organizations based in California Social entrepreneurship Social welfare charities based in the United States Organizations based in Palo Alto, California Organizations established in 1999 1999 establishments in California