David Tepper’s Foundations Invested In His Hedge Fund And This Sanctioned Debt

Some hedge fund managers are among the most charitable individuals around, and many of them give through their own foundations. In David Tepper’s case, he’s actually president of at least two foundations: The Tepper Foundation and, in a hat tip to his hedge fund, the Appaloosa Management Charitable Foundation.

We can get gain some interesting insight into which funds Tepper and other managers trust the most by looking into where they invest their foundations’ money. We can also see other investments they make that might not be easily found in other filings, like government bonds.

Background on The Tepper Foundation

The Tepper Foundation supports organizations working to expand opportunities in a variety of ways, including through food and housing security and the protection of fundamental rights. The foundation works with its grantee partners to identify community needs and then strive to meet them.

Also see: David Tepper’s Foundations Invested with These Fund Managers

The Tepper Foundation also responds to crises, quickly deploying resources in the wake of natural diseases and other unforeseen situations. During fiscal 2024, grantees included 180 Turning Lives Around, the Affordable Housing Alliance, the American Jewish Committee, Blue Meridian, the Community Foundation of New Jersey, and the States United Democracy Center.

According to the foundation’s 990-PF for fiscal 2024, which was filed in August 2025, it had nearly $1.6 billion in assets at the end of the year, with the Appaloosa foundation having just a few million in assets.

David Tepper himself donated more than $121 million in cash and stock during the fiscal year to the Tepper foundation.

Also see: This Is David Tepper’s Favorite Hedge Fund Aside From Appaloosa [Exclusive]