NET WORTH: Unknown
SOURCE OF WEALTH: General Atlantic
FUNDING AREAS: Education, Arts & Culture, Environment
OVERVIEW: David Hodgson and his wife, Laurie, move their philanthropy through the 5 51 5 Foundation. The Hodgsons’ giving prioritizes the Northeast, particularly New York and Connecticut, and their interests include education, the arts and the environment.
BACKGROUND: David C. Hodgson is the Vice Chairman of General Atlantic, a leading global growth equity company in New York. He graduated from Dartmouth College in 1978 and completed his MBA from Stanford in 1982. Hodgson and and his wife, Laurie, established and oversee the 5 51 5 Foundation.
EDUCATION: The Hodgson’s education funding has focused mainly on higher education. Via their foundation, the Hodgsons have supported Teachers College at Columbia University, Boston University, Denison University, Stanford University and the Teach for America program. Hodgson is also a trustee of Dartmouth College and co-chair of Echoing Green, a fellowship program for young leaders and entrepreneurs.
ARTS & CULTURE: The Hodgsons’ son, who is autistic and passionate about art, is probably a great influence on the couple’s philanthropy in the area of arts and culture. Grantees have included organizations that provide cultural experiences to children and the disabled such as the Falls Village Children’s Theater of Connecticut and Daniel’s Music Foundation, which provides free participatory music programs to individuals with developmental and physical disabilities. Other arts grantees include the Kaufman Music Center and the Sharon Playhouse, also in Connecticut. Hodgson serves as chairman of the Manhattan Theater Club, an off-broadway venue in New York City.
ENVIRONMENT: The couple has supported several environmental organizations via their foundation, including the National Audubon Society, the Central Park Conservancy and the Cornell Lab of Ornithology.
LOOKING FORWARD: Annual grantmaking out of the 5 51 5 Foundation has waned in recent years. Expect the family’s philanthropy to stay with their select interest areas in the near future.
5 51 5 Foundation does not provide a clear avenue of contact but below is an address:
The 5 51 5 Foundation
755 Park Ave., Apt 12B
New York City, NY 10021