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The Mockingbird Foundation is a non-profit organization founded by Phish fans in 1996 to generate charitable proceeds from the Phish community.
And since we're entirely volunteer – with no office, salaries, or paid staff – administrative costs are less than 2% of revenues! So far, we've distributed over $2 million to support music education for children – hundreds of grants in all 50 states, with more on the way.
According to the Phish.net FAQmany believe it's a teleprompter device designed for live music (unlike the typical double podium mirror style used by public speakers like Presidents for decades) known as a "Wolfgang telemonitor", which looks from the front of house like a wedge monitor and is believed to display both setlists and lyrics of new/rare songs from the rotation, and in the latter instance, the scrolling speed, can be controlled by a foot pedal.
(And, as Jerry Seinfeld said, not that there's anything wrong with that, remembering all the lyrics of several hundred songs is very difficult and sometimes a lead singer needs a crutch just in case).