Who Are Americas Mostand LeastGenerous Young Billionaires? Indeed, there are not just millions but billions in play. She worked on the San Francisco DAs blue-ribbon panel project on bias in policing, using computational methods to review police reports. Whats key for Shanahan is that these two fieldslongevity and fertilitymerge. As a lawyer, she saw flaws in the criminal-justice system and in recent years has given to groups trying to correct those flaws through the Sergey Brin Family Foundation, a grant maker through which a number of Brins family members, including his parents, give to charity. She writes about wealthy philanthropists, arts organizations, key trends, and insights related to ultra-high-net-worth donors, among other topics. It was the first investment she made toward work she now plans to support through Bia-Echo. I didnt have any options forward, she said. She could not go through the early stages of in-vitro-fertilization treatment because she had been diagnosed with polycystic ovary syndrome, a condition in which the ovaries sometimes fail to regularly release eggs. Nothing would make me happier at this point than if we inspire other foundations to join us.. That donation established the Center for Female Reproductive Longevity and Equality to study and help women become pregnant later in life. Bay Area lawyer Nicole Shanahan recently launched the Bia-Echo Foundation, committing $100 million over five years to a mix of causes. I want to keep our operating overhead low and be conscientious of making sure the funds get put to work on the ground.. Maria directs the annual Philanthropy 50, a comprehensive report on Americas most generous donors. According to FEC data, Shanahan also gave money to Biden in June. She said she was stunned that she could only identify about $6 million a year in new funding. About Contact Help Login Privacy Policy Terms of Use, Tapping Billions, a Young Donor and Her New Foundation Focus on Equity, How One Tech Giants Commitment to Racial Equity is Taking Shape, Future of Big Philanthropy: 15 Heirs of Top Mega-Givers to Watch Closely, Having Major Impact. Unpacking MacKenzie Scotts Historic HBCU Giving Spree, Not an Easy Tension to Bridge. How Facebook Is Making Life Harder for CZI, Scrutiny of Donors and Reputation Laundering is Growing Thanks to COVID and Protests, A Silicon Valley Donor Looks to Jumpstart a Push to Find a COVID-19 Medicine. Sign up for our email updates. It was at that moment that it became clear to me that this was an inequity and that no amount of science was going to allow me out of it. Our current approach right now is to work within our anchor investments, said Shanahan. Nicole Shanahan, a lawyer who founded and leads ClearAccessIP, a patent-valuation and management company, announced Friday she will give $100 million to programs that help women become pregnant later in life, that aim to overhaul the criminal-justice system, and that address the effects of climate change. Through their funding of the Global Consortium for Reproductive Longevity and Equality at the Buck Institute, they aim to galvanize scientists, researchers, investors and philanthropists in an area of historic underinvestment. I want to keep our operating overhead low and be conscientious of making sure the funds get put to work on the ground.. The money will flow over five years through the Bia-Echo Foundation, a grant maker she launched this month. Maria directs the annual Philanthropy 50, a comprehensive report on Americas most generous donors. And now, Shanahan is backing the cause with significant cash. I realized the enormity of the failures of the criminal justice system, and growing up low-income in Oakland, this injustice hit home for me. Lunchclub, a start-up that makes professional introductions, recently raised $24.2 million at a valuation above $100 million in a round led by Coatue and Lightspeed Venture Partners. Her interest in reproductive longevity came about through her own experiences trying to get pregnant, Shanahan said. Just even the dismal amount of funding into fundamental research into female fertility presents a bias, she tells me. In the area of criminal justice, she said she would like to see fewer people going to prison and the elimination of bail for nonviolent offenses. In the area of criminal justice, she said she would like to see fewer people going to prison and the elimination of bail for nonviolent offenses. Shanahan, who in 2018 married Google co-founder Sergey Brin, serves as president of the new foundation. She writes about wealthy philanthropists, arts organizations, key trends and insights related to high-net-worth donors, and other topics. She could not go through the early stages of in-vitro-fertilization treatment because she had been diagnosed with polycystic ovary syndrome, a condition in which the ovaries sometimes fail to regularly release eggs. Not Everyone Is Happy About It, Status Update: How Facebooks Billionaires Are Changing the World of Philanthropy, A Critical Driver. 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Shanahan says she was first introduced to the longevity space through Dr. Joon Yun, who enlisted ClearAccessIP to do a report on longevity-related intellectual property for the National Academy of Medicine. Maria Di Mento directs the annual Philanthropy 50 , a comprehensive report on Americas top donors. As a lawyer, she saw flaws in the criminal-justice system and in recent years has given to groups trying to correct those flaws through the Sergey Brin Family Foundation, a grant maker through which a number of Brins family members, including his parents, give to charity. Nonprofits that want to apply for grants for reproduction or criminal-justice programs should apply through one of two groups with which Bia-Echo is partnering: a consortium set up at the Buck Institute for Research on Aging for reproductive longevity and the Stanford Computational Policy Lab for criminal justice. Shanahan, who in 2018 married Google co-founder Sergey Brin, serves as president of the new foundation. Brin himself gave to Barack Obama during the 2012 campaign. Shanahan hopes the Bia-Echo Foundations grant making and partnerships will accomplish a number of new developments, especially into treatments or therapies that will extend the female reproductive timetable by 20 years so that women will be able to conceive a child into their mid-50s. Want to get inside funders' heads? In an another post, Ill dig into the larger story of Brins giving, which has been rising in recent years. REPRODUCTIVE EQUALITY: Nicole Shanahan recently launched the Bia-Echo Foundation. And while Shanahan has been a relatively quiet donor up until recently, her turn toward significant giving is interesting. Shanahan grew up in Oakland, Calif., in what she describes as a low-income, single parent, Chinese-immigrant household. Rather, they hope to foster strategic partnerships across multiple sectors and create new and innovative solutions. One project aims to foster more equitable algorithms for bail, and better understanding of how these tools can reduce jail populations without adversely affecting public safety. To help Bia-Echo achieve its aims, Shanahan has tapped Christine Gulbranson and Wendy Lim, who serve as CEO and COO, respectively. Shanahan and Brin had a baby earlier this year, but the experiences of their struggle to get pregnant prompted Shanahan to investigate how much money was going into fundamental research into womens reproduction and ovarian health. Raised in Oakland in a low-income Chinese-immigrant household, Nicole Shanahan graduated from the University of Puget Sound in 2007 and earned her J.D. Shanahan says shes particularly keen on the venture philanthropy model, and equity is a unifying theme across her three focus areas. Shanahan hopes the Bia-Echo Foundations grant making and partnerships will accomplish a number of new developments, especially into treatments or therapies that will extend the female reproductive timetable by 20 years so that women will be able to conceive a child into their mid-50s. When the people who are receiving funds from you see you getting stuff done as an operator, they are more likely to want to engage your advice and help beyond dollars. Nicole Shanahan, a lawyer who founded and leads ClearAccessIP, a patent-valuation and management company, announced Friday she will give $100 million to programs that help women become pregnant later in life, that aim to overhaul the criminal-justice system, and that address the effects of climate change. They tell me that their core investment approach is to understand how best they can support the ecosystems in each of their grantmaking categories. Nicole Shanahan, a lawyer who founded and leads ClearAccessIP, a patent-valuation and management company, announced Friday she will give $100 million to programs that help women become pregnant later in life, that aim to overhaul the criminal-justice system, and that address the effects of climate change. We hope to raise consciousness about the fragility of our planet, and believe that a healthy and livable planet promotes global equality and strong communities for future generations, says Bia-Echos website. She was raised with the idea that anyone in the United States could pull themselves out of adversity. But when Shanahan learned she might not be able to have children, she saw it as an injustice. They had been dating since 2015. And while Bia-Echo Foundation has committed to investing $100 million over the next five years, they expect the foundation to continue beyond this period. What Would it Take for Jeff Bezos to be a Positive Force in Climate Philanthropy? Nothing would make me happier at this point than if we inspire other foundations to join us.. In 2018, she gave $6 million through the foundation to the Buck Institute for Research on Aging. She writes about wealthy philanthropists, arts organizations, key trends, and insights related to ultra-high-net-worth donors, among other topics. lawyer nicole shanahan, president and director of Bia Echo Foundation. (Shanahan and Brin now have a child together). This part of its work is still in development. $100 Million Gift. She writes about wealthy philanthropists, arts organizations, key trends and insights related to high-net-worth donors, and other topics. Shanahans interest in criminal justice reform stems in part from her ongoing work with Stanford CodeX as a faculty fellow beginning in 2014. Philanthropy readers might recall my rundown of Anne Wojcicki and her sisters giving decade. 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