Lynne & Andrew Redleaf Foundation

Lynne & Andrew Redleaf Foundation

The Lynne & Andrew Redleaf Foundation was founded in 2017 as a private 501(c)(3) grantmaking organization. Andrew Redleaf and Lynne Singer Redleaf are the wealth creators behind the foundation; Andrew Redleaf co-founded the hedge fund firm Whitebox Advisors in 1999, which became a major player in credit and event-driven strategies. The foundation's grant-making centers on Education and Human Services, with a secondary focus on Philanthropy, Voluntarism & Grantmaking. Public IRS filings indicate assets of approximately $112 million. The foundation has not publicly disclosed specific portfolios, investments, or direct deployment beyond grants. As a 501(c)(3) entity, the Redleaf Foundation is legally required to distribute at least 5% of its net investment assets annually for charitable purposes. Its operations are limited to grant-making rather than direct operational programs. No additional offices or professional staff outside the founders have been publicly identified. The foundation's structure is distinct from other private foundations in that it was created by a hedge fund founder — Andrew Redleaf — who built significant wealth through Whitebox Advisors, a firm known for its quantitative and credit-oriented approaches. The foundation appears to maintain a lean operational footprint, typical of foundations that focus on grant-making rather than direct charitable programming.