Story
An aligned intermediary for impact through emerging breakthroughs
Following a pediatric health scare in the founder’s family, it became clear how inefficient and misaligned the private funding paradigm was for supporting outcomes that would help other families facing similar challenges. It became apparent that those very same issues were ubiquitous across all cause areas and that dissatisfaction with the experience was not isolated.
Evolution
Benefunder started as a non-profit and gradually evolved to a for-profit social enterprise in order to leverage the attributes of scale and alignment with the existing ecosystem.
$1.5B in capital managed via Impactly
- Impactly integration of 3rd party tools and applications
- ImpactlyCollab, a collaboration tool for funders launched
Rollout of Impactly to existing Benefunder Client Base
- Integration of Mandate Services onto the platform
- Expansion of Impactly capabilities including loan management
Acquisition of Impactly.
Impactly for DAF management launched.
First non-research institution grant made to create industry standards & guidelines for NeuroEthics.
First Impact Venture Fund Capital Placed.
Soft Launch of Benefunder Capital Markets Services.
- 5 EARLY STAGE COVID-19 COMPANIES FUNDED
- BENEFUNDER RESEARCHER WINS NOBEL PRIZE FOR GENE EDITING
- $2M IN RESEARCH FUNDING PLACED
- 750 RESEARCHERS
- 22 INSTITUTIONS
Resource for Wealth Management and Multi Family Offices to serve Philanthropic need of client
- APPROVED ON UBS FAMILY ADVISORY SERVICES PLATFORM
- FIRST PRIVATE FOUNDATION CLIENT
- $1.5M IN RESEARCH FUNDING PLACED
For-profit platform integrated w 3rd Party; DAFs and Private Foundations
- 250 Researchers
- 7 Institutions
- Partnered with 4 DAF Administrators
Donor Advised Fund Solution aimed at worthy research ventures in need of funding (non-profit, no ROI):
- Non-profit funding vehicle for research
- 500 Researchers
- 5 Institutions
Christian’s Nephew Diagnosed with Hepatoblastoma
Team
The Benefunder team is comprised of seasoned veterans from Wall Street and Silicon Valley with over 85 years of philanthropic, investment, data technology, operations, and impact experience. Our backgrounds span wealth management, investment banking, global banking data services as well as startups and non-profits.
Aaron is both Benefunder’s in-house counsel (CLO) and COO - Capital Markets in operational and analyst roles. Aaron is an entrepreneur, investor, and IP lawyer with extensive experience leading large teams of professionals, all of which he leverages in his multifaceted support of Benefunder clients.
Petr brings a unique perspective to the Benefunder executive team having served as a researcher, venture capital analyst, and on the investment team for his own family office. He has an innate ability to analyze a situation and quickly identify and communicate actionable opportunities and challenges.
Sandy serves as Co-CIO for her family office and ED of their foundation. She previously played a pivotal role in Blackrock’s meteoric growth from inception to IPO and was one of the first female executives at Merrill Lynch and Goldman Sachs. She’s an associate with The Milken Foundation/Faster Cures, a fellow of The Aspen Institute, one of the earliest supporters of both The Robin Hood Foundation and TED.
Richard advises family offices in alternative finance, technology assessment, and strategy. He is recognized as a global thought leader on FinTech and was recently appointed Fellow in Emerging Technology at UC Irvine. Richard advises the Gates Foundation, and works with several other prominent foundations, think tanks, funds and corporations.
