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Type | private foundation |
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Website | www |
The Laura and John Arnold Foundation (also known as LJAF and as the Arnold Foundation) is a private foundation run by John D. Arnold, an American hedge fund manager, and his wife Laura Arnold. The organization was founded in 2008, the same year that the Arnolds signed the Giving Pledge, a pledge by some high-net-worth individuals to donate a large fraction of their income to philanthropic causes during their lifetimes.
The foundation has focused its donations on the issues of K-12 education reform, public pension reform, criminal justice reform, dietary policy, and improving reproducibility in science.
The foundation was started by John D. Arnold, an American hedge fund manager, and his wife Laura Arnold in 2008, the same year they signed the Giving Pledge, a pledge by some high-net-worth individuals to donate a large fraction of their income to philanthropic causes during their lifetimes.
Arnold had started donating to Knowledge Is Power Program (KIPP) in 2004 with a gift of $30,000 which was then based in Houston, and two years later he and his wife pledged $10 million to help KIPP expand to other cities. Other multi-million gifts followed to other education programs, for example to Washington, D.C. city schools for merit pay, to Teach for America, and to StudentsFirst.
When the foundation started giving, it broadened its focus to criminal justice and public pensions, and later to addressing the reproducibility crisis in science and working to ensure that public policy is grounded on sound science.