Founders Pledge is a nonprofit that encourages entrepreneurs to pledge to donate a portion of their profits to effective charities, and conducts cause prioritization and charity evaluation research to assist their members in deciding which organizations to support.
A third Fund was added in 2021: the Patient Philanthropy Fund. The purpose of this Fund is to invest the donations it receives by default, potentially for decades, centuries or millennia, until the managers conclude that an unusually high-impact opportunity exists to safeguard and improve humanity's long-term future. The Fund was launched with $1 million in pre-seed funding, with the goal of growing it to $100 million within the following 10 years.
Bell, Douglas (2019) The radical founders raising billions for Charity—Is this a new social movement?, Forbes, August 29.
Founders Pledge. Official website.
Carter, Sam & Stephen Clare (2020) Why we’re launching a Global Health and Development Fund, Founders Pledge, October 9.
Ackva, Johannes & Anu Khan (2020) Erik Bergman challenges you to tackle climate change with €1 million match pot, Founders Pledge, October 23.
Hoeijmakers, Sjir (2020) Long-term investment fund at Founders Pledge, Effective Altruism Forum, January 10.
Hoeijmakers, Sjir (2021) Announcing the Patient Philanthropy Fund, Effective Altruism Forum, October 27.
Samuel, Sigal (2021) Would you donate to a charity that won’t pay out for centuries?, Vox, November 3.
Open Philanthropy (2022) Grants database, Open Philanthropy.