Good Ventures is a private foundation in San Francisco, United States, co-founded by Cari Tuna and Dustin Moskovitz. Good Ventures does not have any full-time staff, and instead distributes grants according to recommendations from Open Philanthropy. In the context of international development, the Good Ventures Foundation is an important provider of finance for controlling malaria and other infectious diseases as well as for other health-related causes.
Development Co-operation Profiles
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Good Ventures Foundation
Introduction
Private development finance
Good Ventures Foundation provided USD 211.5 million for development in 2022 through its grantmaking activities. Compared to 2021, this amount represents an increase by 102.2% in real terms. Grants represented 100% of the Good Ventures Foundation’s gross disbursements, while the remainder was extended in the form of programme-related investments, including loans and equities.
Bilateral and multilateral allocations
In 2022, the Good Ventures Foundation channelled its development finance mostly through non-governmental organisations (NGOs) and civil society (USD 153.4 million), universities, colleges or other teaching institutions, research institutes or thinktanks (USD 50 million) and multilateral organisations (USD 7.5 million).
Multilateral channels
In 2022, Good Ventures Foundation provided USD 7.5 million to the multilateral system, representing 3.6% of its development finance, all of which was earmarked for specific countries, regions, themes or purposes. Most of this financing (USD 6.5 million) were provided to the International Vaccine Institute.
Geographic and thematic focus
In 2022, Good Ventures Foundation’s development finance was primarily focused on Africa and Asia (excluding Middle East). USD 51.6 million was allocated to Africa and USD 14.3 million to Asia (excluding Middle East), accounting respectively for 24.4% and 6.8% of gross bilateral development finance.
Figure. Bilateral private development finance by recipient country
A sum of USD 145.4 million (68.7%) was unspecified by region in 2022, mainly including multi-regional programmes.
In 2022, 26.8% of gross development finance went to the top 10 recipients, most notably Mozambique, Nigeria and Pakistan.
Least developed countries (LDCs) and other low-income countries (LICs) received USD 24.9 million (11.8%) of Good Ventures Foundation’s gross disbursements in 2022. Good Ventures Foundation allocated the highest share (15.3%) of its development finance to lower middle-income countries in 2022, noting that USD 154 million (72.8%) was unallocated by income group.
Notes: LDC: least developed country; LIC: low-income country; LMIC: lower middle-income country; UMIC: upper middle-income country; MADCTs: more advanced developing countries and territories.
Furthermore, Good Ventures Foundation allocated USD 8.9 million of its development finance to land-locked developing countries in 2022.
Fragile contexts
Support to fragile contexts reached USD 47.3 million in 2022, representing 22.4% of Good Ventures Foundation’s development finance.
Notes: HDP: humanitarian-development-peace. The chart represents only gross bilateral contributions that are allocated by country.
Sectors
In 2022, 95.3% of Good Ventures Foundation’s contributions were allocated to social infrastructure and services. Most of these contributions went to the health and population policies (USD 200 million).
Sustainable Development Goals
In 2022, Good Ventures Foundation committed the largest shares of its contributions to partnerships for the goals (SDG 17) and good health and well-being (SDG 3) of the United Nations 2030 Agenda.
Additional resources
Official website: www.goodventures.org
The methodological notes provide further details on the definitions and statistical methodologies applied, including core and earmarked contributions to multilateral organisations, the Sustainable Development Goal focus of private development finance, channels of delivery, unspecified/unallocated allocations, the gender equality policy marker, and the environment markers.