The Omidyar Network is a grantmaking organization funded by eBay founder Pierre Omidyar, established as a limited liability company (LLC) alongside the Omidyar Network Fund, a tax-exempt private foundation.
Funding of Activists
Limiting Corporate Influence
In October 2019, Facebook co-founder Chris Hughes‘s Economic Security Project announced a new “Anti-Monopoly Fund” to support economic research and advocacy campaigns that focus on limiting corporate power. Donors to the $10 million dollar fund include the Nathan Cummings Foundation, the Ford Foundation, the Hewlett Foundation, the Knight Foundation, George Soros‘s Open Society Foundations, and the Omidyar Network. [1]
In addition to funding the Economic Security Project, the Omidyar Network has contributed to the Roosevelt Institute and the Washington Center for Equitable Growth as a part of its wider campaign to “reimagine capitalism” and reconsider how economic gains are measured. [2]