Some hedge fund managers are among the most philanthropic people in the world, and many of them have established their own foundations to distribute their millions. For example, David Abrams of Abrams Capital is one manager who has established his own foundation to dole out his cash to worthy charities.
We can get an idea of which hedge funds and venture capital and private equity funds managers like Abrams favor by looking at their foundation’s 990PF filing to see where they invest their money.
The Abrams Foundation had $132.6 million worth of assets at the end of 2023, according to its 990PF filing filed in November 2024. David and Amy Abrams contributed $6 million to the foundation in 2023.
