OVERVIEW: The Dalio Foundation invests in animal and wildlife, marine conservation, education in Connecticut, science research, health research, art and culture. Recently, the foundation appears to have ramped up its giving in this area.
IP TAKE: The Dalio Foundation is currently undergoing a shift in its priorities as it restructures its grantmaking and website, which is very limited. Grantseekers should check their site often for new developments.
PROFILE: The Dalio Foundation, established in 2003 and created by Ray and Barbara Dalio, seeks to "support the diverse philanthropic passions of each family member. It supports organizations at all levels of development, from start-ups in need of seed capital to well-established institutions that can bring big and/or novel ideas to fruition." Dalio is well-known in the hedge fund world as the founder of the highly successful Bridgewater Associates. The foundation currently keeps a low public profile while it restructures its grantmaking priorities. As a result, its website consists of a single page. Without a mission or dedicated grantmaking programs, its current approach remains broad. Dalio invests in animal and wildlife, marine conservation, education in Connecticut, science research, health research, art and culture.
While Dalio's website and priorities evolve, tax filings reveal an interest in iconic animals and wildlife. Grantmaking prioritizes giving to a few choice animal and wildlife organizations, predominately located in Connecticut, New York, and Florida. Past grantees include the Woods Hole Oceanographic Institution. On a national level, the foundation has supported the National Audubon Society, and the National Fish and Wildlife Foundation (NFWF). The foundation also supports museums and cultural organizations focused on the environment.
Unfortunately, despite giving hundreds of millions of dollars, the Dalio Foundation is not transparent as its single-page website reveals little pertinent information.
- 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