Mark Kingdon is the founder and president of Kingdon Capital Management in New York City. It's unclear how much he's worth, but the Mark and Anla Cheng Kingdon Fund posted assets of around $125 million in a recent year, and gave away more than $10.5 million. What we know about the fund primarily comes from annual 990s, as the philanthropic vehicle has no website, or a clear avenue for grantseekers to get in touch. However, Kingdon and Anla are into several key areas that are worth knowing about.
1. Kingdon is a major benefactor of his alma mater
Kingdon got his undergraduate degree from Columbia University, and is currently a vice chair on Columbia's board of trustees. Kingdon endowed the C. Lowell Harriss Professorship of Economics in honor of the late economist who served as Kingdon's teacher and mentor. A steady trail of money has flowed from the Kingdon Fund to Columbia University over the years. At least $4 million went to the school in 2013, and $4.25 million went to the school in 2012.
2. Kingdon is Yet Another Hedge Funder Supportive of Harlem Children's Zone
While billionaire hedge funder Stanley Druckenmiller sits atop the list of donors to Harlem Children's Zone (HCZ), the faceted community organization providing education, social and health programs for at-risk children and their families, a number of other hedge funders also provide support.
Kingdon sits on the board of HCZ, and gave the outfit at least $8.1 million between 2006 and 2010 alone. A little more than $2 million went to HCZ as well in 2013.
3. The Couple is Deep Into Supporting Chinese Culture
Anla takes the lead in this area of the couple's philanthropy. She's 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 the China Institute in 2013, and nearly $2.5 million went to the outfit in 2012. Support has also gone to Museum of Chinese in America, and American Friends of Shanghai Museum. Anla also helped bankroll a Bill Moyers PBS series called Becoming American: The Chinese Experience. As well, in a New York Times article, she assesses the state of Chinese-American philanthropy, and the uptick she expects down the line. Like her husband, Anla is in business and invests in private equity in China and beyond.
4. They've Given Assorted Sums to Other New York City Outfits
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. In education, the couple has supported Harlem Village Academies, and Success Academy Charter Schools, as well as Riverdale Country School and the Browning School. Kingdon and Anla have also supported outfits such as New York Community Trust, New York City Center, the New York Police Foundation, and local public media outlets such as WNYC.
It's worth noting that a component of the couple's philanthropy involves health, and supporting Jewish causes.
Related: Mark Kingdon Profile