The Robin Hood Foundation is a charitable organization which attempts to alleviate problems caused by poverty in New York City.
[8] Founded in 1988 and named after the heroic outlaw from English folklore, the Robin Hood Foundation was conceived by hedge fund manager Paul Tudor Jones and co-founded with Peter Borish and Glenn Dubin.
[7] Moore grew up in poverty in the Bronx before becoming a Rhodes scholar at the University of Oxford, a paratrooper and captain in the 82nd Airborne, and investment banker at Citigroup.
[19] Fortune magazine said "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.
[21] In May 2020, the Robin Hood Foundation along with iHeartMedia held a virtual hour-long telethon called Rise Up New York!
[25] Core fund recipients consist of four portfolios: early childhood, education, jobs and economic security, and survival.