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Nilekani to support Gates’ noble venture
A group of the world’s leading philanthropists announced the formation of Co-Impact, a new global model for collaborative philanthropy and social change at scale. The EkStep Foundation, co-founded by Rohini and Nandan Nilekani, will serve as Co-Impact’s technical partner by supporting several Co-Impact programmes with their open knowledge and societal platform assets as well as capacity building.
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Co-Impact’s initial core partners are Richard Chandler, Bill and Melinda Gates, Jeff Skoll, Dr Romesh and Kathy Wadhwani, and The Rockefeller Foundation. Co-Impact will invest US $500 million in three critical areas — health, education, and economic opportunity — to improve the lives of underserved populations across the developing world.
The core partner group will define strategy and select the opportunities Co-Impact will support.
In addition to its role as a core partner, The Rockefeller Foundation has incubated Co-Impact and will provide staff, significant operating funds, and ongoing strategic support.
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