Moore Foundation Signs on to Collaborative Effort as Eighth Core Funder
NEW YORK— Fund for Shared Insight announced today that the Gordon and Betty Moore Foundation and The Rockefeller Foundation have both signed on to support its efforts to improve philanthropy.
Launched just over a year ago, Fund for Shared Insight is a collaborative effort among funders that pools financial and other resources to make grants to improve philanthropy. Shared Insight emerged from a belief that foundations will be more effective and make an even bigger difference in the world if they are open to listening to others, and sharing lessons learned.
As the eighth and newest core funder, the Moore Foundation joins the David and Lucile Packard Foundation, the Ford Foundation, The JPB Foundation, Liquidnet, the Rita Allen Foundation, the William and Flora Hewlett Foundation and the W.K. Kellogg Foundation in providing at least $250,000 per year over three years, which is pooled into a joint fund for coordinated grant support.
Moore Foundation President Harvey V. Fineberg, M.D., Ph.D. noted, “There is great value in sharing information with and learning from others within the philanthropic sector. We are happy to join with Shared Insight and the other funders to develop new ways to increase the effectiveness and impact of our work.”
The Rockefeller Foundation is also providing additional funding to support Fund for Shared Insight, joining with the James Irvine Foundation and the Rockefeller Brothers Fund, which provided targeted support for Shared Insight’s work in its first year. The Rockefeller Foundation’s contributions will benefit Shared Insight’s collaboration and evaluation efforts.
Both foundations are pleased to support Shared Insight’s mission. “We are thrilled to welcome the Moore Foundation and The Rockefeller Foundation to Fund for Shared Insight,” said the organization’s co-chair, Fay Twersky. “The support of these foundations ensures that we continue to build momentum as a funding collaborative committed to improving philanthropy in new ways.”
About the Fund for Shared Insight
Fund for Shared Insight (“Shared Insight”) is a collaborative effort among funders that pools financial and other resources to make grants to improve philanthropy. Shared Insight emerged from a belief that foundations will be more effective and make an even bigger difference in the world if they are open to listening to others and sharing lessons learned. Shared Insight provides grants to nonprofit organizations to encourage and incorporate feedback from the people they seek to help; understand the connection between feedback and better results; foster more openness between and among foundations and grantees; and share lessons learned. Fund for Shared Insight welcomes additional funders to learn more about our effort. For more information, visit www.fundforsharedinsight.org or contact Melinda Tuan at firstname.lastname@example.org.
About the Gordon and Betty Moore Foundation
The Gordon and Betty Moore Foundation fosters path-breaking scientific discovery, environmental conservation, patient care improvements and preservation of the special character of the Bay Area. Visit moore.org or follow @MooreFound.
About The Rockefeller Foundation
For more than 100 years, The Rockefeller Foundation’s mission has been to promote the well-being of humanity throughout the world. Today, The Rockefeller Foundation pursues this mission through dual goals: advancing inclusive economies that expand opportunities for more broadly shared prosperity, and building resilience by helping people, communities and institutions prepare for, withstand, and emerge stronger from acute shocks and chronic stresses. To achieve these goals, The Rockefeller Foundation works at the intersection of four focus areas – advance health, revalue ecosystems, secure livelihoods, and transform cities – to address the root causes of emerging challenges and create systemic change. Together with partners and grantees, The Rockefeller Foundation strives to catalyze and scale transformative innovations, create unlikely partnerships that span sectors, and take risks others cannot – or will not. To learn more, please visit www.rockefellerfoundation.org.