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Omidyar Network

Philanthropic investment firm of The Omidyar Group, run through an LLC and a private foundation, which bought Anthropic shares from the FTX estate in 2024 and funds AI-policy groups including Americans for Responsible Innovation.

Private Organization · Omidyar Network Fund, Omidyar Network Fund Inc, ON
San Francisco, California

Omidyar Network is a San Francisco philanthropic organization that describes itself as "a venture of The Omidyar Group" and gives its mission as "to bend the arc of the digital revolution toward shared power, prosperity, and possibility." It states that it has "committed more than $1.9 billion to initiatives that share our vision."1 It operates "both a Limited Liability Company (LLC) and a 501(c)(3) foundation," a "dual checkbook structure." The LLC invests in startups and "also allows us to invest in not-for-profits beyond public charities, such as 501(c)(4) social welfare organizations," while "policy advocacy, ballot initiatives, and coalition building are critical ways Omidyar Network leverages our resources."2

The foundation files with the Internal Revenue Service as Omidyar Network Fund Inc, EIN 20-1173866, at 535 Mission Street in San Francisco, in care of George E. Diener, under an IRS ruling dated February 1, 2005. It files as a private foundation (Form 990-PF). For the tax period ending December 2024 it reported assets of 382,487,320 dollars and income of 112,303,357 dollars. Earlier returns show the following (in dollars):3

Year Revenue Expenses Assets
2013 85,433,257 47,484,427 319,941,051
2014 63,219,899 45,316,923 321,874,224
2015 193,202,032 57,796,178 446,696,927
2019 63,634,282 107,667,084 490,860,479
2020 21,031,743 74,652,984 490,038,780
2021 45,099,453 52,643,847 495,201,056
2022 25,198,385 30,544,043 367,592,522
2023 5,560,652 28,555,210 392,593,149

Leadership

Mike Kubzansky joined Omidyar Network in 2013 and was chief executive from 2018. On March 11, 2026, the organization announced that Michele Jawando would succeed him. Jawando had joined in 2021 as senior vice president of programs and become president in 2025; she had worked for Representative Gregory Meeks and Senator Kirsten Gillibrand, had been a senior executive at Google, and had led strategic initiatives at the Center for American Progress. The announcement said Kubzansky was "moving on to build and lead a new entity that will shape AI investment for the public good." The board chair is Pat Christen.4 Its website lists Pierre Omidyar and Pam Omidyar as co-founders, Pam Omidyar also as a board member, Marta L. Tellado as a board member and Mona Sutphen as a board observer.5

Generative AI Fund

On December 5, 2023, Omidyar Network announced "an initial $30M investment across a diverse slate of organizations to support the responsible development of generative AI," describing it as "part of the new funders initiative on AI launched by the White House last month." The announcement said the investment came "on the heels of the recent Open AI saga," the November 2023 crisis on the board of OpenAI, and that Omidyar aimed to ensure "that the future of this technology is not defined by market considerations of a few dominant players." Kubzansky said the investment would "help bridge the gap between private interests and the common good."6

The named partners were Humane Intelligence, whose co-founder Rumman Chowdhury thanked Omidyar "for our initial seed funding" for AI red-teaming exercises; the Collective Intelligence Project, to run "AI Alignment Assemblies"; the AI Now Institute; Economic Security Project Action, with the Vanderbilt Policy Accelerator, to "develop proposals for AI governance structures including public options for generative AI"; and the AFL-CIO Technology Institute, to "help working people tell their stories to policymakers in Congress and statehouses." Omidyar also said it would "invest in private venture capital funds" backing companies that use generative AI in healthcare diagnosis, chip design and batteries.6

Anthropic Shares

On April 1, 2024, Omidyar Network announced that it, with the Ford Foundation and the Nathan Cummings Foundation, had bought "just under 50,000 shares" of Anthropic stock that had been offered for sale in the bankruptcy proceedings of FTX. Kubzansky said: "As a philanthropic leader who manages both our grants and our capital for social good, we are investing in generative AI that protects and promotes the public interest and prioritizes the long-term benefit of humanity." The statement cited Anthropic's "long-term benefit trust" (the Long-Term Benefit Trust), which "oversees some seats on its board, effectively creating a buffer against direct investor influence," and said that "following the governance failures at OpenAI, we are hopeful that having mission-aligned investors ... will help protect and reinforce the safety and other mission-driven priorities of Anthropic's work."7

AI Policy Grantmaking

Under its "Governance of Tech" program, Omidyar Network funds groups on online safety, including "social media warning labels" and the effect of "AI companions" on children; on tech competition and antitrust enforcement, working with smaller companies that "share a common interest in scaling American-led innovation and 'winning' the AI race"; on "public AI infrastructure"; and on AI-enabled worker surveillance and algorithmic management. The partners it lists as "people and organizations we're funding" are the AI Now Institute, the Young People's Alliance, the Center for American Progress, the Responsible Technology Youth Power Fund, the Vanderbilt Policy Accelerator, Carnegie Mellon University's Open Forum for AI, and Americans for Responsible Innovation.8 Americans for Responsible Innovation is a 501(c)(4) that lobbies Congress on AI regulation and that also lists Coefficient Giving, the former Open Philanthropy, as a supporter.9

Before this public grantmaking, in April 2023, Jeff Alstott of the Rand Corporation emailed a proposal for licensing advanced AI to members of the Omidyar Network, asking recipients to keep the document "off the public internet."10

On December 11, 2025, Kubzansky condemned the Trump administration's executive order "preempting essential state and local AI regulations." He wrote that "as a philanthropic investor in AI companies and funds, Omidyar Network is acutely aware of the risks to innovators and investors created by inconsistent or poorly drafted rules. But the solution is not to preempt state and local laws," and urged Congress "to reject any attempts to impose a national moratorium on new AI safeguards."11

Relationships 17

Owned
  • Anthropic, from 2024, shareholder; bought just under 50,000 shares from the FTX bankruptcy estate with the Ford and Nathan Cummings foundations7
Funded
  • Americans for Responsible Innovation, listed donor1
  • Center for American Progress, governance-of-tech partner8
  • Vanderbilt Policy Accelerator, governance-of-tech partner8
  • AFL-CIO Technology Institute, from 2023, partner in the 30-million-dollar generative-AI effort6
  • AI Now Institute, from 2023, partner in the 30-million-dollar generative-AI effort6
  • Collective Intelligence Project, from 2023, partner in the 30-million-dollar generative-AI effort6
  • Economic Security Project Action, from 2023, partner in the 30-million-dollar generative-AI effort6
  • Humane Intelligence, from 2023, seed funding; partner in the 30-million-dollar generative-AI effort6
Partner of
  • Ford Foundation, from 20247
  • Nathan Cummings Foundation, from 20247
Founded by
  • Pam Omidyar5
  • Pierre Omidyar5
Directors
  • Pam Omidyar, board member5
  • Pat Christen, board chair4
Headed by
  • Mike Kubzansky, 2018–2026, chief executive officer4
  • Michele Jawando, from 2026, chief executive officer; earlier senior vice president of programs and president4
  1. Omidyar Network, "Who We Are," accessed September 23, 2026. https://omidyar.com/who-we-are/
  2. Omidyar Network, "Our Approach," accessed September 23, 2026. https://omidyar.com/how-we-invest/our-approach/
  3. ProPublica Nonprofit Explorer, "Omidyar Network Fund Inc," EIN 20-1173866, Form 990-PF data for tax years 2013 through 2024. https://projects.propublica.org/nonprofits/organizations/201173866
  4. Omidyar Network, "Omidyar Network Appoints Michele L. Jawando as Chief Executive Officer," March 11, 2026. https://omidyar.com/update/omidyar-network-appoints-michele-l-jawando-ceo/
  5. Omidyar Network, "Our Team," staff, board and founders, accessed September 23, 2026. https://omidyar.com/who-we-are/our-team/
  6. Omidyar Network, "Omidyar Network launches a dedicated funding effort to promote inclusive and responsible development of generative AI," December 5, 2023. https://omidyar.com/update/omidyar-network-launches-a-dedicated-funding-effort-to-promote-inclusive-and-responsible-development-of-generative-ai/
  7. Omidyar Network, "Omidyar Network purchases shares of Anthropic," April 1, 2024. https://omidyar.com/update/omidyar-network-purchases-shares-of-anthropic/
  8. Omidyar Network, "Governance of Tech," accessed September 23, 2026. https://omidyar.com/priority/governance-of-tech/
  9. Americans for Responsible Innovation, "About Us," accessed September 23, 2026. https://ari.us/about-us/
  10. Bordelon, Brendan. "How a billionaire-backed network of AI advisers took over Washington." Politico, October 13, 2023. http://web.archive.org/web/20250902172514/https://www.politico.com/news/2023/10/13/open-philanthropy-funding-ai-policy-00121362
  11. Omidyar Network, "Omidyar Network condemns Trump administration EO banning state AI regulations," December 11, 2025. https://omidyar.com/update/omidyar-network-statement-on-trump-eo/

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