An independent review of the Gordon and Betty Moore Foundation's Emergent Phenomena in Quantum Systems (EPiQS) Initiative was recently conducted to assess the quality and impact of this $90M program (see report here). The EPiQS five-year program was aimed to stimulate breakthroughs that fundamentally change our understanding of the organizing principles of complex matter in solid materials. In its first phase, the initiative supported experimental investigators, materials synthesis investigators and fellows, and theory centers, along with funding for equipment grants and community- building activities. The Moore Foundation has just announced it is going to continue this program into a second phase, adding $95M for the next six years to support discovery-driven research in this rapidly growing field.