Many famous hedge fund managers are known to give to charity, and some of them even do so through their own foundations. Seth Klarman of Baupost gives through his Klarman Family Foundation, using it to distribute his wealth to charities the foundation feels are worthy.
We can get an idea of Seth Klarman’s favorite funds by looking at where his foundation invested its money each year. The Klarman Family Foundation filed its 990PF for 2023 in November 2024, so let’s take a look at where it invested its money a couple years ago.
The foundation...