 | |
| Founded | 2011; 14 years ago (2011) |
|---|---|
| Founder | |
| Type | Private foundation |
| 45-2757586[1] | |
Key people |
|
| Revenue | $177,849,222 (2015) |
| Website | goodventures |
Good Ventures is aprivate foundation andphilanthropic organization inSan Francisco, and the fifth largest foundation in Silicon Valley.[2] It was co-founded byCari Tuna, a formerWall Street Journal reporter, and her husbandDustin Moskovitz, one of the co-founders ofFacebook.[3][4] Good Ventures adheres to principles ofeffective altruism and aims to spend most or all of its money before Moskovitz and Tuna die.[5][6] Good Ventures does not have any full-time staff, and instead distributes grants according to recommendations fromOpen Philanthropy.
Cari Tuna, then a reporter at theSan Francisco bureau of theWall Street Journal, andDustin Moskovitz,Facebook co-founder, started dating in 2009. In 2010, Moskovitz signed theGiving Pledge, and he and Tuna began investigating how best to give away the money.[5]
Tuna first learned aboutcharity evaluatorGiveWell and the movement for effective giving after readingThe Life You Can Save, and the couple was introduced to the ideas ofeffective altruism. Tuna and Moskovitz formed Good Ventures. Moskovitz was busy runningAsana, so Tuna quit her job in 2011 to work full-time on Good Ventures. She also joined the board of GiveWell in April 2011.[3]
In March 2013, Good Ventures launched its own website.[7] In August 2014, GiveWell Labs, an internal project of GiveWell that did research on effective philanthropy, morphed into theOpen Philanthropy Project, a joint venture of GiveWell and Good Ventures.[8] Good Ventures no longer has any full-time staff, and distributes grants according to recommendations from Open Philanthropy.[9]
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.[10][11][12][13][14] The organization has a publicly available grants database on its website.[15] Good Ventures LLC invests in for-profits related to human health and well-being, and donates earnings to the Good Ventures Foundation.[16] Its investments includeVicarious, a company working inartificial intelligence.[17][18]
