Overview of the Chan Zuckerberg Initiative

Description

The Chan Zuckerberg Initiative (CZI), founded in 2015 by Mark Zuckerberg and Dr. Priscilla Chan, is a philanthropic organization dedicated to addressing some of society’s most pressing challenges. Committing 99% of their Facebook shares to this initiative, Zuckerberg and Chan aim to leverage technology and community-driven solutions to foster a more inclusive, just, and healthy future. CZI focuses on various core areas including education, where it champions personalized learning through the Summit Learning Platform, and science, supporting biomedical research like the Human Cell Atlas and the Chan Zuckerberg Biohub. The initiative also aims to strengthen communities by funding affordable housing, advocating for criminal justice reform, and supporting immigrant communities. Operating as a limited liability company allows CZI the flexibility to make grants and invest in innovative for-profit ventures. This unique approach has sparked discussions about the effectiveness and ethical implications of private philanthropy in public sectors.