This Hedge Funder Is Interested in Helping The Poor

It's been a while since I've dug into donors to the Robin Hood Foundation, the New York anti-poverty giant that's a magnet for finance types who've made it big in the hedge fund world. Glenview Capital Management Founder and Robin Hood Director Larry Robbins, for instance, gave $5 million alone to the outfit in the most recent tax year on record. We've also written about other supporters, like financiers Glenn Dubin and John Overdeck.

Here's another Robin Hood donor and director we haven't yet brought up: Connecticut-based Ken Tropin, founder and chairman of Graham Capital Management. It's unclear how much Tropin is worth, but his hedge fund manages some $13 billion in total assets. Via his charity, the Orchard Farm Foundation, Tropin has given Robin Hood nearly $1 million in just the last two recorded tax years alone.  

While the New York-based Robin Hood is perhaps the most well-known of human services outfit Tropin supports, in fact, he's funded quite a few others through his low-profile charity. Much of Tropin's giving through his foundation focuses on the Northeast, particularly his home state of Connecticut. Tropin is actively involved with Shelter for the Homeless, now called Pacific House, the "only regional men’s emergency shelter serving Greenwich, Stamford, New Canaan and Darien." The organization received some $145,000 recently.

Tropin has supported organizations like Inspirica, Services for the Underserved, Connecticut Food Bank, Building Homes for Heroes, and the Inner-City Foundation For Charity & Education, which "supports organizations providing assistance, including food, clothing, shelter, counseling and education, to at-risk and needy children and adults of Fairfield County."

Tropin also has an interest in education and youth organizations. He's supported places like Achievement First and A Better Chance Inc, "the oldest, largest and only national program providing academically talented minority children with access to some of our nation’s finest college preparatory schools, both private and public." For a complete overview of this funder, read our profile of Ken Tropin, linked below. His foundation, by the way, has a minimal web presence and does not appear to accept unsolicited proposals. 

Related: Kenneth G. Tropin