An Introduction Omidyar Network:. 2 About Omidyar Network BELIEF: Every individual has the power to make a difference MISSION: Create opportunity for.

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Presentation transcript:

An Introduction Omidyar Network:

2 About Omidyar Network BELIEF: Every individual has the power to make a difference MISSION: Create opportunity for individuals to improve their lives, and the lives of their family, their community and society, with the objective of social impact at scale VALUES: Respect, Impact, Collaboration, In Service, Humility “How Can We Do This Most Effectively?”

3 Omidyar Family Foundation (OFF) to Omidyar Network (ON) 3 Over a million jobs created Power of the markets can help scale solutions that empower people and benefit society. Hybrid structure for flexibility Strategic grant-giving + market-based philanthropy Traditional grant-giving Constrained by limited model OMIDYAR FAMILY FOUNDATION to date

4 Omidyar Network at Scale 4 Redwood City London Mumbai Washington, DC Johannesburg 688 For-profit investments since inception: million $ 314 Nonprofit grants since inception: million $ 374 million $ Total amount committed since inception: COMMITMENTS

5 Flexible Capital: Nonprofit Grants 5 PROVIDE PUBLIC GOODS SUBSIDIZE GOODS AND SERVICES HELP DISADVANTAGED POPULATIONS

6 Flexible Capital: For-Profit Investments 6 VALUEMASSIVE SCALESELF-SUSTAINABILITY

7 The Relationship Between Profit & Impact KEY QUESTIONS TO CONSIDER: How do you ensure mission drives your work, and not short-term profit? What are the tensions between social impact and financial return? What types of investments will have the most positive impact on people? 7

Q & A