Robin Hood Foundation Net Worth is163 Revenue in $mil
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Type: Venture philanthropy Founded Date: 1988 Founder: Paul Tudor Jones
Location: New York, New York, United States Area Served: New York City Mission: "Since 1988 Robin Hood has targeted poverty in New York City by supporting and developing organizations that provide direct services to poor New Yorkers as well as improving their earning power and long-term prospects. Robin Hood provides program grants, general operating support, capital grants, and funds to build management capacity." Focus: Poverty reduction Method: Combining investment principles and philanthropy to assist programs that target poverty.
Homepage: [http://www.robinhood.org www.robinhood.org]
The Robin Hood Foundation is a charitable organization, which attempts to alleviate problems caused by poverty in New York, United States.
Founded in 1988, Robin Hood was the brainchild of hedge fund manager Paul Tudor Jones. In 2006, the board of directors included such names as Jeffrey Immelt, Diane Sawyer, Harvey Weinstein, Marie-Josee Kravis, Lloyd Blankfein, of Goldman Sachs, Richard S. Fuld, Jr., formerly of Lehman Brothers, Glenn Dubin, of Highbridge Capital, Marian Wright Edelman and actress Gwyneth Paltrow. The foundation combines investment principles and philanthropy to assist programs that target poverty in New York City. Artists including The Rolling Stones, Robert Plant & The Strange Sensation, Shakira, John Legend, The Black Eyed Peas, Lady Gaga, The Who and Aerosmith have performed at the group's annual galas.
In 2009, George Soros gave the foundation a US$50 million contribution. The money reportedly helped the organization raise significantly more than that amount.
According to Fortune Magazine, "Robin Hood was a pioneer in what is now called venture philanthropy, or charity that embraces free-market forces. An early practitioner of using metrics to measure the effectiveness of grants, it is a place where strategies to alleviate urban poverty are hotly debated, ineffectual plans are coldly discarded, and its staff of 66 hatches radical new ideas."
More specifically, the foundation states that it applies the following principles:
The Robin Hood Foundation works with more than 240 nonprofit organizations in New York. They categorize their programs into "Core fund recipients" and "Relief fund recipients". Core fund recipients consist of four portfolios; early childhood, education, jobs and economic security, and survival. Relief fund recipients established to assist low income victims of the 9/11 attacks address employment, lower income victims' services and relief, mental health services in addition to other grants.
The Robin Hood F

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Robin Hood Foundation Latest News

THE HEART OF ROBIN HOOD Shoots First Arrows Tonight at The Wallis

Robin Hood and a well-built band of not-so-merry men swinging from ropes, flipping off drawbridges and climbing on a 40-feet tall wall of Sherwood Forest. Since its foundation in 2001, Vesturport has performed in most major theatre venues around the World ...
Posted: November 29, 2017, 2:21 pm

Paul Tudor Jones Told Weinstein That Sex Allegations Would Blow Over

Later that year, Jones, who rarely speaks to the press, gave at least two interviews highlighting his philanthropic efforts with Robin Hood Foundation, the charity he founded. Weinstein was on the board of Robin Hood until he resigned in October.
Posted: December 6, 2017, 9:49 am

Star-studded Robin Hood Foundation galas raise $101M

The Robin Hood Foundation raised a jaw-dropping and record-setting $101 million at its gala Tuesday night — and now it’s bent on raising a new generation of philanthropists as well. For the first time, the Big Apple’s biggest charity hosted two ...
Posted: May 12, 2015, 7:41 pm
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