OVERVIEW: The Dalio Foundation is a strong funder of animal and wildlife organizations, mainly on the local level. Recently, the foundation appears to have ramped up its giving in this area.
IP TAKE: Ray Dalio is one of the richest people in the hedge fund business, and has a clear interest in both wildlife and in philanthropy. For these reasons, this funder should be watched closely. One recent development is the Dalio Explore Fund, which supports environmental research projects.
PROFILE: Dalio is the founder of one of the most successful hedge funds in the country--Bridgewater Associates--and now his foundation has given consistent funding to a few choice animal and wildlife organizations, mainly in Connecticut, New York, and Florida. According to Forbes, Dalio has set up the Dalio Explore Fund to bankroll a number of different environmental and scientific research projects, many of which are focused on marine and ocean conservation. There's little information on the precise mandate of the Fund, but we do know that a past Dalio grantee, the Woods Hole Oceanographic Institution, is one major site of the Dalio Explore Fund, where a telescope project studied Plankton in the Pacific.
On a national level, the foundation has given to the National Audubon Society, and the National Fish and Wildlife Foundation (NFWF) was the recipient of one of the foundation's larger grants in recent years. Daliohimself has sat on the board of NFWF in the past. The foundation has also doled out money to museums and cultural organizations focused on the environment.
Unfortunately, despite giving hundreds of millions of dollars, the Dalio Foundation doesn't make things easy for grantseekers. Its one page website provides no guidelines for grants at this time.
For more on Ray Dalio, read our full profile of him here.
- Ray Dalio, President & Director
- Matthew Dalio, VP & Director
- Devon Dalio, VP & Director
- Barbara Dalio, Director
- Janine Racanelli, Executive Director
- Mary Beth Powers, Vice President, Programs
1 Glendinning Pl.
Westport, CT 06880