Many hedge fund managers engage in philanthropy, including Steven Tananbaum of GoldenTree Asset Management, who established a foundation with his wife Lisa. The Lisa and Steven Tananbaum Family Foundation primarily gives toward museums, education, social services and Jewish causes.
According to the 990-PF for 2023, which was filed in November 2024, the Lisa and Steven Tananbaum Family Foundation had $48.2 million in assets at the end of the year. We can get an idea of which fund managers Tananbaum trusts the most by looking at where he invests his foundation’s money.
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Capital gains and losses
For tax on investment income, the Lisa and Steven Tananbaum Family Foundation...
