Our mission is to accelerate life-changing outcomes for people with type 1 diabetes (T1D) through catalytic equity investments. This requires we take 100% concentration risk in drugs, devices, diagnostics, platforms, and other health solutions with application to T1D.
Why venture philanthropy?
Our strategy is simple: leverage your private capital to build a portfolio of investments both attractive to financially motivated investors and that are compelling to the T1D community. Yet, it is risky to invest in a fund fully concentrated in one disease. That’s why we are the first to do it in T1D.
We need philanthropists to disrupt and de-risk the investment market in T1D while we build an investment track record that will attract future capital.
We aim for our portfolio companies to achieve success, not only to deliver life-changing solutions for individuals living with or at risk of T1D today, but to also create a pipeline of next-generation novel opportunities tomorrow. As a high-impact philanthropic vehicle, all returns on the Fund’s investments will be recycled back into the T1D mission. That is because we will not stop until type one is type none.
A philanthropic vehicle run as a venture capital fund.
The T1D Fund provides a unique vehicle for philanthropists interested in high-impact, concentrated investment with maximum efficiency.
JDRF has committed to funding our overheads for 2017-2021. This means our sole focus is on raising and investing private capital for opportunities that will change the lives of those who live with, or at risk of developing, T1D.
Similar to limited partners in the commercial sector, donors to the T1D Fund engage with management and leadership, redefining the philanthropic experience and creating a differentiated donor experience.
All donors must contribute a minimum of $500,000 over four years. Donors do not receive distributions on gains as all returns are reinvested back into the Fund so that we can support the next generation of life-changing T1D technologies.
As a donor, you benefit from:
- 501(c)(3) donation, with associated tax benefits at the time of contribution for U.S. donors
- Local tax benefits for international donations
- Regular updates on investments, transparent quarterly reporting including webcasts, and face-to-face updates — just like a venture capital fund
- Full access to management and governance groups
- Having a say in the election of three board members
- Active participation in the deployment of your capital