The Sapling Foundation, "a private nonprofit foundation, a 501(c)3 organization under US tax code. It was established in 1996 by Chris Anderson, who was at that time a magazine publishing entrepreneur.
"The goal of the foundation is to foster the spread of great ideas. It aims to provide a platform for the world's smartest thinkers, greatest visionaries and most-inspiring teachers, so that millions of people can gain a better understanding of the biggest issues faced by the world, and a desire to help create a better future. Core to this goal is a belief that there is no greater force for changing the world than a powerful idea...
"Many factors can amplify the power of ideas: mass media, technology and market forces, to name three. In the past Sapling has supported projects that use these tools to leverage every dollar spent and create sustainable change in areas such as global public health, poverty alleviation, and biodiversity. More than $10m has therefore been granted to enlightened organizations such as the Acumen Fund, Environmental Defence, One World Health, and PATH.
"But Sapling is not now accepting proposals for any further outside grants — because the focus of the foundation is now the impact possible through TED itself. Ever since the foundation acquired TED (in November 2001), it has been seeking ways to allow the extraordinary passion and inspiration created every year at the conference to effect beneficial change in the world."