Omidyar Network Fund is an independent non-profit foundation based in Redwood City, California. Established in 2004, the purpose of the foundation is to support organizations that employ market-based approaches to create opportunities for people to improve their lives, thereby catalyzing economic and social changes. The assets of the foundation are managed by the board of trustees.Omidyar Network Fund's investment portfolio is valued at $483.05 million, with investments in domestic and international equity, fixed income, private equity, hedge funds, and cash.