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The Kovner Foundation

Profile

Last Updated: 2016-06-04

At A Glance

The Kovner Foundation

1001 N. US Hwy. 1, Ste. 306

Jupiter, FL United States 33477-4482

Telephone: (609) 919-7600

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business

Financial Data

(yr. ended 2014-12-31)

Assets: $239,008,206

Total giving: $12,427,750

EIN

223468030

BRIDGE Number

0935772417

Background

Established in 1986 - Founded by Bruce S. Kovner, the founder and former chairman of Caxton Associates, LLC, a global macro hedge fund. In 2011 it was listed as one of the world's top 10 hedge funds as ranked by net gains. Kovner is currently a director of Synta Pharmaceuticals.

Purpose and Activities

Giving primarily for education.

Fields of Interest

Subjects
  • Arts and culture
  • Education
  • Elementary and secondary education
  • Higher education
  • Public policy
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2014-12-31

Assets: $239,008,206 (market value)

Gifts received: $32,611,482

Expenditures: $15,756,138

Total giving: $12,427,750

Qualifying distributions: $12,427,750

Giving activities include:

$12,427,750 for 26 grants (high: $5,000,000; low: $10,000)