Mark Kingdon is the founder and president of Kingdon Capital Management, an investment firm in New York. It's unclear how much Kingdon is worth but he and his wife Anla have been involved in philanthropy for years, and in a recent year, their charitable vehicle, the Mark and Anla Cheng Kingdon Fund, has held more than $100 million in assets and gave away more than $10 million.
Unfortunately, the fund doesn't have a website, or a clear avenue for grantseekers to get in touch. What's more, recent 990s only list Kingdon and Anla as staff. Still, the Kingdons' philanthropy is worth knowing about, especially if you're a grantseeker in New York City, where a majority of the fund's grantmaking takes place. Here are a few must knows:
1. Kindgon Has Been a Major Supporter of His Alma Mater
Kingdon received his B.A from Columbia University in 1971, and his M.B.A. from Harvard Business School in 1973. Kingdon's undergraduate alma mater in New York has been the bigger winner here by far, with a little more than $4 million going to the school alone in 2013 alone. As well, $4.2 million went to the university in 2012. Kingdon also endowed the C. Lowell Harriss Professorship of Economics in honor of the late economist who served as Kingdon's teacher and mentor.
Apart from higher education, Kingdon is also interested in K-12 education in New York, and has recently supported outfits such as Harlem Village Academies, and Success Academy Charter Schools. Kingdon has also supported Bronx-area private school, Riverdale Country School.
2. The Kingdon Fund Has Supported Arts and Culture
Kingdon is a trustee at Carnegie Hall, which has received steady support. Money has also gone the Metropolitan Opera, MoMA, New York Botanical Garden, Lincoln Center for the Performing Arts , and the Signature Theatre Company.
Perhaps the most significant work in this area, though, is Kingdon and Anla's support of Chinese culture. Anla is a trustee at the China Institute, whose mission is to provide a "deeper understanding of China through programs in education, culture, business, and art in the belief that cross-cultural understanding strengthens the global community." More than $1 million went to China Institute in 2013, and nearly $2.5 million went to the outfit in 2012.
3. The Kingdons Are Also Into Community Development
Kingdon is yet another hedge funder who's deep into supporting Harlem Children's Zone (HCZ), the New York City outfit which runs programs for at-risk youths and their families in areas such as health, and education. While Kingdon hasn't put Stanley Druckenmiller-level money into HCZ, he sits on the board of the outfit, which received $5 million alone in 2006, $2 million between 2008 and 2009, and more than $2 million in 2013. Kingdon and and Anla have also supported outfits such as New York Community Trust, New York City Center, and the New York Police Foundation.