Open Philanthropy's $120 Million Abundance and Growth Fund Actively Recruiting to Accelerate Progress

San Francisco – Open Philanthropy, a leading philanthropic organization, is actively expanding its recently launched Abundance and Growth Fund, valued at over $120 million, by recruiting new talent for key roles. The fund aims to accelerate scientific and technological progress while boosting economic growth, a strategic initiative highlighted by Open Philanthropy CEO Alexander Berger and fund lead Matt Clancy.

The Abundance and Growth Fund, established as a three-year initiative, is dedicated to supporting policy reforms that reduce unnecessary obstacles to prosperity, primarily within the United States. Its core mission involves addressing regulatory frameworks and institutional inertia perceived as creating artificial scarcity, thereby impeding innovation and increasing costs across various sectors.

This significant philanthropic commitment is backed by substantial contributions, including a $60 million investment from Good Ventures, the foundation of Facebook co-founder Dustin Moskovitz and Cari Tuna. Additional support comes from Stripe founder Patrick Collison and other donors, underscoring a broad commitment to the fund's objectives. Alexander Berger leads Open Philanthropy, while Matt Clancy is at the helm of the Abundance and Growth Fund.

The current recruitment drive seeks to fill "awesome roles" to build out the fund's operational capacity, as stated by Alexander Berger in a recent social media post. Potential candidates are offered "a chance to work with @mattsclancy on accelerating scientific & technological progress and boosting economic growth," directly quoting the tweet. These positions, typically program associates or senior program associates, will focus on strategic grantmaking and research across various policy areas.

Open Philanthropy has a established track record in fostering pro-growth movements, notably in housing policy reform through the "Yes In My Backyard" (YIMBY) movement and in innovation policy. The Abundance and Growth Fund represents a significant expansion of these efforts, aiming to remove constraints on areas such as housing supply, green energy infrastructure, and scientific research. The organization believes that changes in the national political environment have created a timely opportunity for a renewed focus on economic growth and material progress.