Hedge fund managers the world over tend to be quite philanthropic, and Jonathan Jacobson of Highfields Capital is no different. He established the One8 Foundation as a vehicle to dole out his billions over the years. Jonathan and Joanna Jacobson contributed about $60 million to the One8 Foundation in 2024.
Describing itself as “both a venture philanthropy and a pro bono consultancy working side by side with grantee partners to create social change,” the One8 Foundation’s grant-making priorities are education and building vibrant Jewish communities while supporting Israel and reducing antisemitism. In 2024, grantees included American Israeli Education Foundation, Big Brothers Big Sisters of Eastern Massachusetts, Children’s Hospital Corporation, Combined Jewish Philanthropies of Greater Boston, and Community Initiatives.
According to the 990-PF for 2024, which was filed in November 2025, the One8 Foundation had $977.7 million in assets at the end of the year.



