Dustin Moskovitz

FUNDING AREAS: Health, economic development, marriage equality, drug policy reform, and politics

SOURCE OF WEALTH: Facebook

NET WORTH: $10.3 billion

OVERVIEW: Along with his wife Cari Tuna, Moskovitz presides over the Good Ventures Foundation, which has ramped up its giving in recent years. The couple has been emerging as among the nation's top young philanthropists.

BACKGROUND: At eight days younger than fellow Facebook cofounder Mark Zuckerberg, Dustin Moskovitz ranks as the world's youngest self-made billionaire. After leaving Facebook, where he served first as chief technology officer and later on as VP of engineering, in 2008, Moskovitz cofounded Asana, a web platform that helps businesses plan, organize, and stay in sync. In 2011, he turned his eye toward philanthropy, cofounding Good Ventures, a public charity created in partnership with the Silicon Valley Community Foundation (SVCF), with his now wife, Cari Tuna.

With the guidance of SVCF, Moskovitz launched the Good Ventures Foundation in 2012, along with Good Ventures LLC, a for-profit investment firm that donates its earnings back to the Good Ventures Foundation. Tuna leads the foundation. 

PHILOSOPHY: Even before the Facebook IPO, Muskovitz and Tuna were researching ways to maximize their impact. This process led Good Ventures to partner with GiveWell, a charity evaluator, and eventually the creation of the Open Philanthropy Project in 2014, a collaboration between GiveWell and Good Ventures. Some of Good Venture's largest contributions so far have been to GiveWell's highest-ranked charities.

ISSUES:

HEALTH: Good Ventures has given major support to health initiatives in developing countries, where a relatively small amount of capital can make a major difference in measurable outcomes. Good Ventures has made major contributions to organizations such as Against Malaria, the Schistosomiasis Control Initiative, and Population Services International. It has also given funds for nutrition organizations such as the Iodine Global Network and the Global Alliance for Improved Nutrition's Universal Salt Iodization program.

ECONOMIC DEVELOPMENT: Good Ventures has made major contributions to organizations such as Give Directly and the Center for Global Development. Give Directly, one the foundation's largest grantees, gives cash directly to poor families in developing countries.

MARRIAGE EQUALITY: Through Good Ventures, Moskovitz has offered general support to, and made media buys for, Freedom to Marry. The decision to support this organization was influenced by Facebook cofounder Chris Hughes' partner, Sean Eldridge, who supports many LGBT advocacy groups and is a senior advisor for Freedom to Marry.

REFORM OF DRUG POLICY AND CRIMINAL JUSTICE: Moskovitz believes in advocating for drug-related policies in the United States and abroad that are less punitive, more rational and evidenced-based, and more focused on improving public health, increasing access to treatment for drug abusers, and respecting personal freedom. Good Ventures cites growing support for drug policy reform and underfunding in this area as key factors in its decision to fund organizations focusing on this issue. It also provides major funding for criminal justice reform more broadly.

OTHER ISSUES: The agenda of Good Ventures keeps evolving. See its website to keep track of what the foundation and the Open Philanthropy Project are doing. 

LOOKING FORWARD: Moskovitz and Tuna have a large fortune to give away and will be engaged in high-level philanthropy for many years to come. 

CONTACT: info@goodventures.org

LINKS: Good Ventures Foundation

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