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David Tepper’s once-barebones giving operation is growing its grantmaking under the leadership of daughter Randi Tepper. We checked in with her to find out what kinds of changes are in store.
Established in 2021, the Ares Charitable Foundation has moved quickly to stand up a corporate giving operation that works in a very specific way — funds within the parent company pledge a percentage of their profits every year.
Songs of Love connects children facing serious health conditions with musicians who compose original songs for them. We talked with Leon Cooperman about why he backs the organization, and his wider philanthropy.
One of the founders of the investment giant Carlyle Group, D'Aniello and his wife Gayle have made some big gifts for higher ed, spirituality and Catholic causes, and a leading conservative think tank. Here’s a rundown.
This leader at quantitative investment firm D.E. Shaw & Co. has been a big backer of the Robin Hood Foundation, along with public health work and other causes. With a fortune of $900 million, expect more giving to come.
David Tepper, founder of Appaloosa Management, is worth $18.5 billion, and has a growing philanthropic footprint that spans New York and New Jersey, South Florida, and the Carolinas. Here are some key causes and grants.
Hedge fund billionaire Daniel Och and his wife Jane have been prominent givers in New York City, backing Jewish organizations, spinal health, charter schools and more. Here’s a rundown and some recent developments.
Since 1988, the Robin Hood Foundation has channeled Wall Street wealth to Gotham’s needy to the tune of $3 billion. Here’s a peek at the funder’s current outlook as it focuses on relief, recovery and rebuilding after COVID.
Billionaire David Rubenstein has funded the restoration of some of America’s most iconic monuments and landmarks. We chat with him about this unique philanthropic niche, other charitable priorities, and his new program on PBS.
There’s a historic transfer of wealth on the horizon, and that includes the fortunes of donors who made their money managing hedge funds. Here, we take stock of the top philanthropists that emerged from the industry.
Stanley and Fiona Druckenmiller have a $1.9 billion foundation and a reported fortune of $10 billion. Here’s a closer look at how the couple makes big bets for economic mobility, the environment and health.
In this candid conversation, the storied investor and mega-donor discusses what he and his wife Fiona look for in grantees, how much they plan to give away, why they won’t sign the Giving Pledge, and more.
While the upper ranks of finance remain predominantly white and male, a growing number of women and people of color are making inroads, including as donors. Here are eight Black philanthropists on Wall Street to watch.
Ultra-wealthy investor and GOP power broker Paul Elliott Singer has a sizable foundation that backs Jewish causes, conservative think tanks and more. Here’s what we know.
Frank Baker’s giving so far has focused on education and leveling the playing field both at predominantly white institutions and HBCUs. We sat down with Baker to find out more about his philanthropy to date and what’s to come.
Stephen and Susan Mandel send 99.9% of their foundation giving to a donor-advised fund. But a trail of online acknowledgements paint a portrait of what they support — including many education and environment grantees.
In an invisible crisis, an alarming number of students disengage from and ultimately drop out of school. Dalio Education is working to identify these students in Connecticut and help them get back on track before it’s too late.
The hedge fund legend was famous for mentoring young managers, and a good number of his disciples have followed in his philanthropic footsteps. Here are the biggest of the bunch.
Julian Robertson died last month, marking a new chapter for his foundation, which recently hired its first new leader in a decade. Many shifts are expected, though few things are settled yet.
Julian Robertson, the famed hedge fund investor and onetime “wizard of Wall Street” who passed away last week, was also an enthusiastic philanthropist. While he moved a lot of money out the door, his giving also had its weak points.
REFORM Alliance and its all-star board have notched a number of big wins on the ground. We catch up with donors Michael Novogratz and Laura Arnold about why they back the justice reform organization.
Renaissance Technologies is one of the most successful hedge funds in Wall Street history, yielding one of philanthropy’s most prolific clans. Including the Simonses, well over a dozen donors draw from Renaissance wealth.
Richard Handler and Martha Hunt Handler each bring their own interests to their family foundation’s grantmaking. For Richard, that’s education. For Martha, that’s wolves. We connected with Martha to find out more.
Criminal justice reform is a growing area of giving, offering a wide array of strategies. One billionaire couple’s philanthropy is supporting leaders who are formerly incarcerated or otherwise directly impacted by the legal system.
FTX is one of the biggest cryptocurrency exchanges in the world, and founder Sam Bankman-Fried is making major commitments to philanthropy. FTX Foundation just took its first steps, offering early insights into his priorities.
This 29-year-old MIT graduate and effective altruist wants to make as much money as possible and give most of it away. We spoke with him about the new FTX Foundation and his thoughts on philanthropy in general.
JPMorganChase is wrapping up a $17 million youth employment initiative. The funder shares what works, and what the future holds for its programs, which have provided 40,000 students with jobs in the past five years.
Donors who’ve served their country—or have a family member who did—are often generous to the veteran community. Here’s how a foundation headed by an Army vet is backing a policy push for veterans’ issues.
one2one USA Foundation is a philanthropic platform that connects donors directly to individuals in need. We talk with foundation leadership about how they adapted during the pandemic to help people provide support close to home.
The United States has the highest maternal mortality rate among developed countries. Funders ranging from a supermodel to a multinational corporation are tackling the deep inequalities behind this upsetting reality.