OVERVIEW: Hedge funder David Shaw and his wife Beth move their philanthropy through the Shaw Family Endowment Fund, which gave away around $9.4 million in a recent tax year. Interests include education, and arts and culture. The couple's giving appears to be ramping up.
IP TAKE: The foundation keeps a low profile and does not accept unsolicited proposals.
FUNDING AREAS: Education & Youth, Health, Jewish Causes, Arts & Culture
PROFILE: David Shaw, a former computer science professor, founded the D.E. Shaw Group in New York, a hedge fund that was among the first to deploy advanced investment technologies. Shaw and his wife Beth are philanthropic and make charitable contributions through the Shaw Family Endowment Fund, which gave away around $9.4 million in a recent fiscal year.
The foundation keeps a low profile and does not accept unsolicited proposals. New York City is an important region of giving. Interests include education and youth, health, Jewish causes, and the arts.
Grantees in New York have included Columbia University, Horace Mann School, Stephen Wise Free Synagogue, The National Jewish Center for Learning and Leadership (CLAL), New York-Presbyterian Fund, Michael J. Fox Foundation for Parkinson’s Research, Symphony Space, and Young People’s Chorus of NYC.
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The Shaw Family Endowment Fund does not provide a clear avenue of contact but below is an address:
The Shaw Family Endowment Fund
120 W. 45th St., 39th Fl.
New York City, NY 10036