From funding the scientists who developed the vaccine for yellow fever to catalyzing the field of impact investing, The Rockefeller Foundation has a long record of innovation that has led to great transformations.
This is a principle that inspires us to pioneer strategies, adopt unique approaches, and work to uncover, pilot, and scale breakthrough solutions. We reframe complex social problems to spark new thinking and recombine existing tools, approaches, and ideas to accelerate meaningful social change.
As we urgently address the fundamentals of people’s well-being through initiatives focused on health, energy access, jobs, food, and cities, we are also looking toward a future that will grow from the rapidly evolving trends we observe today. To prepare for that future, we will make bold bets on disruptive solutions that will allow us to leapfrog current approaches.
The first area will focus on radically accelerating the pace at which private capital can be deployed towards social challenges.
The second area will focus on the ubiquitous and rapidly evolving data and technologies that permeate every aspect of society.
The third area will focus on the Foundation’s long-standing belief in science to develop new knowledge and insight that can eventually be applied to improve people’s well-being.
Data science is being used to bring products and services to market that are profoundly affecting our world. Yet, too many mission-driven organizations lack the know-how and tools to harness the power of data. Data.org is a platform for partnerships to build the field of data science for social impact.
Global philanthropic funds, even when combined with the development or aid budgets of governments, add up to billions of dollars. Meanwhile, the cost of solving the world’s most critical problems runs into the trillions—including an estimated $2.5 trillion annual funding gap needed to achieve the Sustainable Development Goals (SDGs) in developing countries alone. Private capital is urgently needed in order to fill this gap and address pressing global challenges.
Impact Investment Management (IIM) is a bold new step for the Foundation’s impact and sustainable investing work. IIM is an asset management platform that aims to tap into mainstream markets and investors, scaling up investments into promising new finance vehicles that help to close the UN Sustainable Development Goal (SDG) funding gap.
The Rockefeller Foundation aims to help data & technology become more useful tools for those seeking to address the big challenges of our time. Based on our insight into the root causes of these challenges and our trusted relationships with government, the private sector, and civil society, we are well-positioned to partner with innovative thinkers to develop and scale technologies to achieve breakthrough results.