Skoll Foundation

Skoll Foundation. Established in 1999 by eBay pioneer Jeff Skoll, the foundation is a leading philanthropic organization dedicated to catalyzing large-scale social change. It operates on the core belief that transformative solutions to the world's most pressing problems are advanced by social entrepreneurs. The foundation's work is global in scope, focusing on critical issues like climate change, global health, and economic inequality.

History and founding

The foundation was created by Jeff Skoll, the first president of eBay, following the company's successful initial public offering. Inspired by his experiences and a desire to address systemic global challenges, Skoll channeled a significant portion of his wealth into establishing a new model of strategic philanthropy. The organization's early years were shaped under the leadership of its first president, Sally Osberg, who helped define its focus on social entrepreneurship. Initially based in Silicon Valley, the foundation's ethos was deeply influenced by the innovative, scalable thinking prevalent in the technology sector.

Mission and focus areas

The mission is to drive large-scale change by investing in, connecting, and celebrating social entrepreneurs and other innovators dedicated to solving the world's most pressing problems. Its strategic focus areas are interconnected and aim to address root causes of systemic issues. Primary areas include promoting sustainable development and environmental stewardship, advancing equity and inclusion, and strengthening systems for global health and economic opportunity. The foundation seeks to support leaders who are working within critical systems such as governance, financial markets, and media.

Key programs and initiatives

A flagship program is the Skoll Award for Social Entrepreneurship, which provides significant funding and support to a select cohort of social entrepreneurs each year. The foundation also convenes the annual Skoll World Forum at the University of Oxford, a major gathering for leaders in social innovation. Other key initiatives include the Skoll Global Threats Fund, which addressed challenges like climate change and water security, and strategic partnerships with organizations like the Sundance Institute and the Berkeley Haas School of Business. The foundation makes substantial grants to organizations such as Kiva and the Environmental Defense Fund.

Leadership and governance

Jeff Skoll serves as the founding chairman and provides ongoing strategic vision. The foundation's first CEO was Sally Osberg, who led the organization for over a decade and was succeeded by Don Gips, a former United States Ambassador to South Africa. The board of directors includes notable figures from the worlds of philanthropy, business, and social impact, such as Jim Balsillie and Pamela Matson. Day-to-day operations are managed by a leadership team with extensive experience in sectors like international development, venture capital, and public policy.

Impact and recognition

The foundation has played a pivotal role in elevating the field of social entrepreneurship globally, providing over a billion dollars in funding to innovators across more than 130 countries. Its awardees have driven significant progress in areas like microfinance, renewable energy, and human rights. The influence of its grantees is often measured by their impact on policies, such as those related to the Paris Agreement or the Sustainable Development Goals. The foundation and its community are frequently recognized for their contributions, with features in major media like the Financial Times and partnerships with institutions like the United Nations.

Category:Foundations based in California Category:Organizations established in 1999 Category:Philanthropic organizations