Coefficient Giving Increases Philanthropic Pledge to $1 Billion, Anticipating AI Wealth Windfall
Coefficient Giving, a grant maker and philanthropy adviser, has significantly increased its 2026 commitment to GiveWell's recommended global health groups from $175 million to $1 billion. This nearly sixfold jump by the San Francisco-based organization, formerly known Open Philanthropy, is funded by Good Ventures, the foundation of Facebook co-founder Dustin Moskovitz and Cari Tuna. The first major grant under this expanded pledge is $276 million for the purchase of approximately 90 million insecticide-treated bed nets for the Democratic Republic of Congo, an initiative estimated to prevent around 67,000 deaths, primarily among children under five. Coefficient Giving's leaders attribute this funding surge to an anticipated windfall from the booming artificial intelligence sector, aiming to prepare nonprofits for a potential influx of tech industry donations.