In a significant change of direction for Priscilla Chan and Mark Zuckerberg's charitable organization, the Chan Zuckerberg Initiative (CZI), science is now at the center of its initiatives, moving away from its earlier focus areas.
What Happened: CZI is transitioning to become a “science-first philanthropy,” according to a report by Business Insider. This shift was revealed to the organization’s staff members via email on Wednesday.
This change means that while CZI will continue to support education and local communities, the lion’s share of its investments and efforts will be centered on scientific endeavors.
The organization also plans to integrate its Biohub Network with CZI to improve efficiency.
"While CZI remains committed to our work in Education and our local communities, we recognize that science is where our biggest investments and bets have been and will be made moving forward," Chan said in an internal email, as reported by Business Insider.
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CZI's first chief operating officer, Josué Estrada, will exit the organization in March. Marc Malandro, the current vice president of operations for science, will take Estrada's role.
CZI's shift to focus more extensively on science comes after last year’s layoffs in its education segment and the discontinuation of its education policy grants portfolio, following Meta Platforms Inc.'s META "year of efficiency" campaign.
Why It Matters: This new direction for CZI aligns with its past initiatives, such as the funding and construction of a large computing system dedicated to nonprofit life science research.
The high-performance computing cluster is designed to provide the scientific community with access to predictive models of healthy and diseased cells.
The transition also mirrors Zuckerberg’s personal evolution, which appears to follow a trajectory similar to Bill Gates’s. This metamorphosis from a tech CEO to a philanthropist seems to coincide with his forthcoming 40th birthday.
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Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
Photo: Courtesy Chan Zuckerberg Initiative
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