We aim to significantly increase the impact of our outcomes-focused and innovation-driven philanthropy by building partnerships with philanthropic investors to improve people’s lives by growing incomes.
Our goals are ambitious! In FY25 we are building the systems and processes to expand our network of philanthropic investors to raise $20M in leveraged funds, double the amount from last year. This goal will be challenging in part because it is unusual for philanthropies to raise money, and this work is unpredictable and slow.
Our FY25 goal is divided into the following categories:
We will remain agile, efficient, and effective to sustain growth over the next two years. The aspirational goal is to raise an incremental $10M each year, to $30M (FY26), then $40M (FY27) in leveraged funding.
We will reach these goals by focusing on building relationships grounded in trust with ultra-high- and high-net-worth individuals and institutional funders to inspire investments in our mission.
These philanthropies vary in size of budget but have small staff, so our due diligence is valued as a service to help them reach their goals. We have plans to share pipelines for co-investment where interests align. We are also pursuing follow-on funding opportunities, where we serve as an early investor, serving up evidence-supported programs that are ready to scale.
Between now and our next board meeting in September we will focus on:
We are confident that with your continued support and engagement we will achieve our ambitious goals to improve incomes and lives. Thank you!
While AI-enabled tools and technologies continue to rapidly evolve, organizations focused on social outcomes are often last in line to test and implement them — the GitLab Foundation’s AI for Economic Opportunity Fund enables frontline organizations to experiment with emerging technologies to improve productivity gains.
Green Jobs for Economic Opportunity Fund was created to support organizations and multisectoral partnerships in developing early-stage initiatives to improve economic mobility.
The GitLab Foundation launched the Learning for Action Fund in June 2024 to alleviate these problems and increase our grantees’ capacity to deepen their impact measurement, learning, and feedback work. This aligns with our philosophy that greater investments in evidence-building and feedback activities lead to more effective programs, with higher potential ROI.
To learn more about partnering with us, please contact Eric Talbert, Partnerships Director, [email protected]
The Foundation was formed by GitLab, Inc. as part of its mission to create a world in which everyone can contribute. The company leadership felt it was important to support organizations that could further this goal on a global scale. When GitLab, Inc. [went public](https://about.gitlab.com/handbook/being-a-public-company/#:~:text=GitLab began trading on the,part of realizing our mission.) in October 2021, it dedicated 1% of its shares to further this aim.
The GitLab Foundation is an independent private foundation. While it was formed by and is associated with GitLab, Inc., the Foundation operates independently of the company, including having its own President and CEO and strategy. The Foundation board is partially composed of GitLab, Inc. executives (Sid Sijbrandij, Brian Robins and Robin Schulman) and partially composed of independent board members.
GitLab is a single platform for project management, collaboration, source control management, git automation, security and much more. It is the best choice for nonprofits to scale their work because it is easy to use, flexible, and all in one place. Through the GitLab for Nonprofits Program, eligible nonprofits can receive a free Ultimate license and up to 20 seats at no cost. To learn more and apply, visit the GitLab for Nonprofits page. *GitLab support is not included with the Nonprofit license.
When GitLab Inc. committed 1% of its shares to the Foundation, Sid Sijbrandij made a personal commitment to match those contributions personally or through his family foundation, the Sijbrandij Foundation.