NET WORTH: Unknown
SOURCE OF WEALTH: Founder and President of Kingdon Capital Management
FUNDING AREAS: Education, Arts & Culture, NYC Community
OVERVIEW: Mark Kingdon and his wife Anla Cheng move their philanthropy through the Mark and Anla Cheng Kingdon Fund. Kingdon has given millions to his alma mater, Columbia University, where he serves as a vice chair. Kingdon has also given millions to Harlem Children's Zone, and serves on the board of that outfit. Kingdon and Anla are also supporters of arts and culture in New York City, and towards outfits that support and celebrate the Chinese community.
BACKGROUND: Mark Kingdon received his B.A from Columbia University in 1971, and his M.B.A. from Harvard Business School in 1973. Kingdon began his career as a pension fund administrator at AT&T, and then worked at Century Capital Associates. In 1983, he founded Kingdon Capital Management, an investment firm in New York City.
EDUCATION: Kingdon is a major supporter of his alma mater, Columbia University, where he's been a vice chair. Kingdon also endowed the C. Lowell Harriss Professorship of Economics in honor of his undergraduate teacher and mentor. Apart from Kingdon's work at Columbia, Kingdon is also interested in K-12 education and has recently supported outfits such as Harlem Village Academies, and Success Academy Charter Schools. Kingdon has also given large sums to Riverdale Country School, a private school in the Bronx.
ARTS & 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." Support has also gone to Museum of Chinese in America, and American Friends of Shanghai Museum. Anla takes the lead in this area of the couple's philanthropy, and helped bankroll a Bill Moyers PBS series called Becoming American: The Chinese Experience. Anla has also talked about what philanthropy means for Chinese-Americans.
NYC COMMUNITY: Kingdon is yet another hedge funder who's deep into supporting Harlem Children's Zone, the New York organization which runs charter schools and programs for at-risk youths and their families. Fellow Wall Streeter Stanley Druckenmiller chairs the group and Kingdon is a trustee. Kingdon and and Anla have also put money into organizations such as the New York Community Trust, New York City Center, the New York Police Foundation, and local public media outlets such as WNYC.
LOOKING AHEAD: It's worth noting that a component of the couple's philanthropy involves health—the Aaron Diamond AIDS Research Center has received recent steady support—and supporting Jewish causes. As well, gifts have gone to policy groups such as the Manhattan Institute, and Human Rights Watch. Still, of late, Kingdon's largest sums have gone to Columbia, Harlem Children's Zone, and the China Institute.
The Mark and Anla Cheng Kingdon Fund does not provide a clear avenue for approaching the couple for support, but an address is listed below:
Mark and Anla Cheng Kingdon Fund
152 W. 57th St., 50th Fl.
New York, NY 10019