Omidyar Network
Template:Short description {{#invoke:Infobox|infobox}}Template:Template otherTemplate:Main other{{#invoke:Check for clobbered parameters|check|nested=1|template=Infobox company|cat=Template:Main other|name; company_name|logo; company_logo|logo_alt; alt|trade_name; trading_name|former_names; former_name|type; company_type|predecessors; predecessor|successors; successor|foundation; founded|founders; founder|defunct; dissolved|hq_location; location|hq_location_city; location_city|hq_location_country; location_country|num_locations; locations|areas_served; area_served|net_income; profit|net_income_year; profit_year|owners; owner |homepage; website }}{{#invoke:Check for unknown parameters|check|unknown=Template:Main other|preview=Page using Template:Infobox company with unknown parameter "_VALUE_" | ignoreblank=y | alt | area_served | areas_served | assets | assets_year | aum | brands | company_logo | company_name | company_type | defunct | dissolved | divisions | embed | equity | equity_year | fate | footnotes | former_name | former_names | foundation | founded | founder | founders | genre | homepage | hq_location | hq_location_city | hq_location_country | incorporated | image | image_alt | image_caption | image_size | image_upright | income_year | industry | ISIN | key_people | location | location_city | location_country | locations | logo | logo_alt | logo_caption | logo_class | logo_size | logo_upright | members | members_year | module | name | native_name | native_name_lang | net_income | net_income_year | num_employees | num_employees_year | num_locations | num_locations_year | operating_income | owner | owners | parent | predecessor | predecessors | production | production_year | products | profit | profit_year | rating | ratio | revenue | revenue_year | romanized_name | services | subsid | successor | successors | traded_as | trade_name | trading_name | type | website| qid | fetchwikidata | suppressfields | noicon | nocat | demo | categories }} Omidyar Network is a self-styled "philanthropic investment firm," composed of a foundation and an impact investment firm.<ref>Template:Cite news</ref> Established in 2004 by eBay founder Pierre Omidyar and his wife Pam,<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref><ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref><ref name=":1">{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> Omidyar Network has committed over US$1.5Template:Nbspbillion to nonprofit organizations and for-profit companies across multiple investment areas.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
As of 2022, the organization has offices in Silicon Valley, Bengaluru, London, Mumbai, Nairobi, and Washington, D.C.
HistoryEdit
The Omidyar Network comprises a 501(c)(3) and a Limited Liability Company (LLC), and part of The Omidyar Group.<ref>Template:Cite news</ref><ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> It was established in 2004 by Pierre Omidyar and his wife Pam.<ref name=":1" />
In 2018, Omidyar Network spun off its Governance & Citizen Engagement initiative.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> The group now operates as Luminate, a global philanthropic organization that invests in civic empowerment, data and digital rights, financial transparency, and independent media. It is led by Stephen King.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
In 2019, Omidyar Network spun off its Financial Inclusion initiative.<ref name=":0">{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> The group now operates as Flourish and is led by Tilman Ehrbeck, Arjuna Costa, and Emmalyn Shaw. A year later, the organization spun off its education portfolio as Imaginable Futures.<ref name=":0" />
PeopleEdit
As of 2022, the CEO of Omidyar Network is Mike Kubzansky.<ref>Template:Cite news</ref> Its board of directors include the managing directors of The Omidyar Group, Jeff Alvord and Pat Christen<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> and in 2023 Michele Jawando was senior vice president for programs.<ref>Template:Cite news</ref>
InvesteesEdit
Omidyar Network invested in the microfinance sector, including Unitus Inc.<ref>Template:Cite news</ref>
In 2009, the Omidyar Network donated $2 million over two years to the Wikimedia Foundation, and at the same time, Matt Halprin of Omidyar Network was appointed to Wikimedia's board of directors.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref><ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
From 2012, Omidyar Network has been a partner of Better Than Cash Alliance.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref><ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
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.<ref>Template:Cite news</ref>
In 2020, it invested $150,000 in the legal assistance organization Whistleblower Aid.<ref>Template:Cite news</ref>
Reporters in Residence ProgramEdit
The Reporters in Residence program was launched in 2022 and is designed to give freelance reporters financial support (in the form of a monthly stipend) in an effort to increase coverage of deeper and more pressing economic issues.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref><ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
See alsoEdit
- Acumen Fund
- Bill and Melinda Gates Foundation
- Blue Haven Initiative
- Jasmine Social Investments
- Mulago Foundation
- Mahmud Mir-Djalali
- Peery Foundation
- Philanthrocapitalism
- Skoll Foundation