Development Co‑operation Profiles: Good Ventures Foundation
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Good Ventures is a private foundation based in San Francisco, United States, co-founded in 2011 by Cari Tuna and Dustin Moskovitz.
The foundation distributes grants partnering with Coefficient Giving (formerly Open Philanthropy). In the field of international development, Good Ventures is a significant provider of funding for malaria control and other infectious diseases, as well as for broader health-related initiatives.
This profile presents verified data on development assistance allocations. See the Development Co-operation Profiles.
Good Ventures Foundation provided USD 203.4 million for development in 2024 through its cross-border funding. Compared to 2023, this amount represents a decrease of 36.5% in real terms. Grants represented 100% of Good Ventures Foundation’s gross disbursements.
Good Ventures Foundation provided all of its development finance bilaterally in 2024, while 0.7% was channelled through multilateral organisations (earmarked contributions).
In 2024, the Good Ventures Foundation channelled its bilateral development finance mostly through non-governmental organisations (NGOs) (USD 128.6 million), universities, research institutes or think tanks (USD 72.4 million) and multilateral organisations (USD 1.3 million).
In 2024, Good Ventures Foundation provided USD 1.3 million to the multilateral system. Of this, USD 1.3 million was non-core contributions earmarked for a specific country, region, theme or purpose. All of its financing for the multilateral system was channelled through the World Health Organisation.
The UN system received USD 1.3 million from Good Ventures Foundation in 2024. The most significant UN recipient was the World Health Organisation (WHO) (USD 1.3 million).
In 2024, civil society organisations (CSOs) received USD 128.6 million of the Good Ventures Foundation’s gross bilateral finance, of which 79.6% was directed to developing country-based CSOs. Overall, 63.2% of total bilateral development finance was earmarked to specific projects or programmes. From 2023 to 2024, the combined core and earmarked contributions for CSOs decreased as a share of bilateral philanthropic development finance, from 89.4% to 63.2%.
Learn more about the DAC Recommendation on Enabling Civil Society in Development Co-operation and Humanitarian Aid.
In 2024, Good Ventures Foundation’s development finance was primarily focused on Asia (excluding the Middle East) and Africa. USD 67.1 million was allocated to Asia (excluding the Middle East) and USD 47.3 million to Africa, accounting respectively for 33% and 23.2% of gross bilateral development finance. A sum of USD 77.1 million (37.9%) was unallocated by region, mainly including research grants and multi-regional programmes.
In 2024, 51.7% of gross development finance went to the top 10 recipients, most notably India (24.4%), Democratic Republic of the Congo (10.9%), and Ghana (2.9%).
Least developed countries (LDCs) received USD 29.9 million (14.7%) of Good Ventures Foundation’s gross disbursements in 2024. Good Ventures Foundation allocated the highest share (37.6%) of its bilateral development finance to lower middle-income countries in 2024, followed by LDCs (14.7%), noting that USD 77.1 million (37.9%) was unallocated by income group.
Good Ventures Foundation allocated USD 4.1 million of its development finance to land-locked developing countries in 2024, and USD 2.6 million to small island developing states (SIDS) in 2024. The main SIDS recipients are Suriname and Sao Tome and Principe.
Support to contexts with high and extreme fragility reached USD 42.3 million in 2024, representing 20.8% of Good Ventures Foundation’s bilateral development finance. Of this, contexts with extremely fragility received a sum of USD 22.7 million.
Learn more about the OECD States of Fragility platform.
In 2024, the largest allocations (94.1% of bilateral contributions) by Good Ventures Foundation went to social infrastructure and services, with a strong focus on support to health and population (USD 155.5 million). The second largest allocation was multi-sector (USD 7 million), followed by production sectors (USD 5 million).
In 2023-2024, Good Ventures Foundation committed 1.6% of its total bilateral allocable contributions (USD 4.2 million) in support of the environment, compared to the private philanthropic average of 12.4%. All of these contributions focused on climate change overall (the private philanthropic average was 12.9%). Good Ventures Foundation had a greater focus on adaptation (1.6%) than on mitigation (0%) in 2023-2024.
Learn more about the DAC Declaration on Aligning Development Co-operation with the Goals of the Paris Agreement on Climate Change.
In 2024, Good Ventures Foundation committed the largest shares of its contributions to SDG 3 (good health and well-being), SDG 6 (clean water and sanitation) and SDG 9 (industry, innovation, and infrastructure) of the United Nations 2030 Agenda.
Access the full list of providers at this link: Development Co-operation Profiles.
Official website: https://goodventures.org/.
The methodological notes provide further details on the definitions and statistical methodologies applied, including core and earmarked contributions to multilateral organisations, channels of delivery, bilateral unspecified/unallocated/allocable development finance, the gender equality policy marker, and the environment markers.
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