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Tiger Foundation

Profile

Last Updated: 2016-09-01

At A Glance

Tiger Foundation

101 Park Ave., 21st Fl.

New York City, NY United States 10178-4799

Telephone: (212) 984-2565

URL: www.tigerfoundation.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business

Financial Data

(yr. ended 2015-06-30)

Assets: $113,303,451

Total giving: $20,513,197

EIN

133555671

BRIDGE Number

0519220235

Additional Contact Information

Physical address: 60 E. 42nd St., 39th Fl., New York, NY 10165

Background

Established in 1989 in NY - Founded by Julian H. Robertson, Jr. He is the founder of Tiger Management LLC, an independent investment & wealth management firm. Robertson built it into one of the world’s largest hedge-fund management firms and by mid-1998 assets had soared to about $22 billion. Julian H. Robertson, Jr. has committed to The Giving Pledge, and has pledged to give away at least half of his wealth to philanthropy.

Purpose and Activities

Giving provided to organizations working to break the cycle of poverty in New York City, rather than those which merely alleviate its symptoms. Seeking to provide families with the tools necessary to attain self-sufficiency and build productive lives. To this end, support is to a variety of educational, vocational, and social service and youth development programs designed to catch children and families before they slip into a cycle of poverty and despair, as well as those programs designed to enable individuals to end their dependence on public assistance.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Criminal Justice

The Criminal Justice Committee was established in 2008 to support the work of organizations and systems serving populations at various stages of justice involvement. Individuals involved with the criminal justice system face a host of challenges, often including low levels of education, lack of stable housing, histories of substance abuse and mental illness, and an immediate need to find employment. There is also a broader need for more effective public investment in programs that help incarcerated individuals, both prior to their release and immediately thereafter. The committee funds innovative programs that improve outcomes for New Yorkers as they emerge from justice involvement, and looks to support efforts to improve the effectiveness of the significant investment of public resources used to transition adults and young people from justice involvement to productive, stable, and healthy lives. .

Education

The foundation is committed to improving the public school system and to providing high-quality K-12 education options and opportunities to students. It seeks to do this in the following ways: Supporting whole-school models that provide a high-quality education and that ultimately serve as examples of effective schools and strategies that can be adopted across the New York City school system (e.g., charter schools and public school intermediary organizations). Since systemic change takes time, the foundation also funds a limited number of academic enrichment programs and alternatives to public schools to support students in need of services beyond what their schools can provide and ensures they meet success at every stage of development. Supporting key school-level levers that enhance the education experience (e.g., leadership and teacher development). .

Employment

The foundation's workforce funding focuses both on the unemployed and the underemployed (including programs which support adults and out-of-school youth) and seeks to leverage and improve on the city and state's sizeable investments in improving employment opportunities .

Program-Related Investment

The foundation has made PRIs, in the form of a non-interest loan, to a company providing jobs for economically disadvantaged individuals.

Youth and Families

The foundation's investments in support of youth and families are dedicated to comprehensive, long-term approaches to breaking the cycle of poverty. In this funding portfolio, the foundation focuses on three critical areas: Intervening at a critical time for very young children, aged birth to five years, who are born into high-risk environments Providing opportunities for vulnerable youth by supporting in-school and out-of-school program interventions. Supporting fragile families in their efforts to maintain self-sufficiency and keep families intact .

Fields of Interest

Subjects
  • Child welfare
  • Education
  • Family services
  • Human services
  • Job creation and workforce development
  • Youth organizing
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Ethnic and racial groups
  • Low-income and poor people
  • Students
  • Unemployed people

Financial Data

Year ended 2015-06-30

Assets: $113,303,451 (market value)

Gifts received: $400,772

Expenditures: $23,790,372

Total giving: $20,513,197

Qualifying distributions: $23,509,953