03/23/2025 Press Release

Open Philanthropy launches $120 million fund to promote abundance

Support for the fund includes a $60 million investment from Moskovitz and Tuna’s Good Ventures foundation, with matching support from Stripe founder Patrick Collison and other donors. Good Ventures activities are closely associated with the effective altruism movement, which advocates for a cost-benefit approach to philanthropy in order to produce the greatest good. Open Philanthropy—which supports the Yes In My Backyard housing development movement—identifies governmental regulation and “institutional sclerosis” as the key drivers of scarcity, rising costs, slow economic growth, and stifled innovation.

Good Ventures Announces $5 Million in Matching Funds for GiveDirectly

A GiveDirectly cash transfer recipient. Good Ventures will match up to $5 million in donations to GiveDirectly this giving season. (Photo courtesy of GiveDirectly)

SAN FRANCISCO, CA — December 3, 2013 — Good Ventures today announced $5 million in matching funds for donations made to GiveDirectly through January 31, 2014. The funds are intended to help GiveDirectly attract new donors and reach its goal of transferring tens of millions of dollars to extremely poor households in developing countries over the next few years.

Vicarious Announces $15M Series A Funding Led by Good Ventures

Image from a Vicarious software visualizer. (Image courtesy of Vicarious)

UNION CITY, CA — August 21, 2012 — Vicarious, an artificial intelligence research company, today announced a $15M Series A round of financing led by Good Ventures LLC, a for-profit investment firm that will donate all of its earnings to the Good Ventures Foundation.