SOURCE: Wikipedia, captured 2020-09-10
This page last modified: 2022-01-12 14:06:03 -0800 (PST)
The Omidyar Network is a self-styled "philanthropic investment firm," composed of a foundation and an impact investment firm. Established in 2004 by eBay founder Pierre Omidyar and his wife Pam, Omidyar Network reports it has committed more than $992 million to nonprofit organizations and for-profit companies across multiple investment areas.
Composed of a 501(c)(3) and a Limited Liability Company (LLC), the Omidyar Network is structured to work across the social, business, and government sectors. Like a traditional foundation, the Omidyar Network makes grants through its 501(c)(3) entity; through its LLC, the Omidyar Network invests in for-profit entities.
The Omidyar Network is "part of the Omidyar Group."
In 2018 Omidyar Network spun off its Governance & Citizen Engagement initiative, which now operates as Luminate -- a global philanthropic organization that invests in Civic Empowerment, Data & Digital Rights, Financial Transparency, and Independent Media. Luminate is led by Stephen King.
In 2019, Omidyar Network spun off its Financial Inclusion initiative, which now operates as Flourish and is led by Tilman Ehrbeck, Arjuna Costa, and Emmalyn Shaw.
The managing partner of Omidyar Network is Mike Kubzansky, a former partner at Monitor Group (now Monitor Deloitte). Jeff Alvord is the managing director of The Omidyar Group (TOG).
The Omidyar Network has offices in Redwood City, Bengaluru, Johannesburg, London, Mumbai, Nairobi, Singapore, and Washington D.C.
As of April 2009, Omidyar Network counts the following organizations as partners: Ashoka, Comat Technologies, Creative Commons, Digg, DonorsChoose, Endeavor, Federated Media Publishing, GlobalGiving, Goodmail, GuideStar, Linden Lab (developer of Second Life global virtual community), Media Development Investment Fund Meetup, Metaweb, ModestNeeds, Open Data Institute, Opportunity International, PRBC, Prosper, Rappler, SeaChange Capital Partners, Seesmic, Socialtext, Sunlight Foundation, Virgin Money, Wikia, World of Good.
In 2017, Omidyar Network together with AVINA Americas and Avina Foundation founded the Latin American Alliance for Civic Technology (ALTEC) to invest in and support the development in Latin America of civic technology platforms and related scalable technologies.
In 2009, the Omidyar Network donated $2 million over two years to the Wikimedia Foundation, and at the same time, Matt Halpin of Omidyar Network was appointed to Wikimedia's board of directors.
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