Good Ventures

Good Ventures

Good Ventures launched in 2011 as the primary philanthropic vehicle for Dustin Moskovitz, co-founder of Facebook and Asana, and his wife Cari Tuna. The couple committed to The Giving Pledge, aiming to direct the majority of their technology-derived wealth to charitable causes during their lifetimes. By 2018, the entity's original structure was not extended; Good Ventures was legally dissolved in October of that year, with its activities absorbed into a focused partnership. During its active window, the foundation deployed capital as an asset owner across equity and credit markets — spanning venture capital, buyouts, distressed debt, and expansion-stage companies — to fund its grantmaking. The investment mandate was broad, covering early-stage startups and later-stage companies alongside mezzanine and special-situations exposure. Divesh Makan of ICONIQ Capital served as a director of the Good Ventures Foundation, linking the philanthropic entity to the broader financial infrastructure managing Moskovitz's personal assets. The operational team was lean, anchored by Cari Tuna as president. The foundation did not disclose total deployment, and no specific portfolio companies or fund commitments are publicly tied to the Good Ventures vehicle. Its real-asset holdings included a San Francisco residence and a Palo Alto property, with the foundation's endowment also based in Palo Alto. In October 2018, the formal dissolution of Good Ventures closed the entity and shifted strategic focus to Open Philanthropy, the partnership Moskovitz and Tuna built with Holden Karnofsky. The dissolution created a structural distinction: instead of maintaining a standalone charitable endowment, the principals concentrated effort inside Open Philanthropy, a vehicle known for its analytical, research-driven approach to cause selection. This move eliminated the administrative and governance overhead of a separate foundation, reflecting a preference for lean, time-bound capital deployment over perpetual-entity philanthropy.