The Rockefeller Foundation, Moore Foundation Join Fund for Shared Insight

 

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."