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GOODNOW FUND
The Goodnow Fund is an independent nonprofit private foundation and institutional investor established in 1993 and headquartered in Darien, Connecticut.
Overview
The Goodnow Fund is an independent nonprofit private foundation and institutional investor established in 1993 and headquartered in Darien, Connecticut. The Fund's investment portfolio is valued at over US$25.11 million, with allocations across private equity, equity, hedge funds, fixed income, and cash, and is managed by an executive team. The Fund's AUM is $21 million. Its grantmaking strategy focuses on supporting projects that help vulnerable children, advance research into causes and cures for Alzheimer's disease, increase educational opportunities for low-income students, and improve the environment, with a particular focus on organizations in Fairfield County, Connecticut. The Fund identifies organizations it wishes to support and contacts nonprofits directly rather than accepting unsolicited proposals, providing grants for general operating expenses and special projects to tax-exempt organizations. The Fund does not provide support to individuals, political causes, campaigns, or government agencies. In the past year, the Fund provided $2.1 million to support nonprofit organizations.
General information
Firm type
Endowment / Foundation
AUM
$21 million
Location
Country
United States
City
DARIEN
Corporate office
DARIEN, United States
Sector focus
Frequently asked questions
What is the Goodnow Fund's investment portfolio composition?
The Goodnow Fund's investment portfolio is valued at over US$25.11 million, with investments in private equity, equity, hedge funds, fixed income, and cash. The investment funds are managed by an executive team.
What sectors or causes does the Goodnow Fund support?
The Fund primarily supports projects that help vulnerable children, advance new research about the causes and cures for Alzheimer's disease, increase educational opportunities for low-income students, and improve the environment, with a particular focus on organizations in Fairfield County, Connecticut.
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