Iconiq Connects Ultra-Rich Philanthropists Backed by Zuckerberg
Iconiq Capital, backed by Mark Zuckerberg, is pioneering collaborative philanthropy funds called co-labs to encourage ultra-rich donors to give more effectively and quickly, especially amid tax changes and reduced government funding, with a focus on impact and flexibility. The initiative aims to scale and involve more donors, including younger entrepreneurs and women, to address urgent social issues through multiyear, unrestricted grants and peer learning.