Endowment / Foundation

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R and S Cohen Foundation

Sir Ronald and Lady Sharon Harel-Cohen established the R and S Cohen Foundation in 1999 as a UK-registered charitable vehicle. Sir Ronald's wealth originated...

R and S Cohen Foundation logo

R and S Cohen Foundation

Sir Ronald and Lady Sharon Harel-Cohen established the R and S Cohen Foundation in 1999 as a UK-registered charitable vehicle. Sir Ronald's wealth originated from Apax Partners, the private equity and venture capital firm he co-founded in 1972, which grew into one of Europe's largest buyout and growth investors. Lady Sharon is a film producer whose credits include works that bridged British and Israeli cinema. The foundation reflects both their interests, directing grants toward educational advancement, the relief of poverty and distress, and the promotion of the arts for public benefit. Unlike a typical family office deploying capital for financial return, the foundation operates as a pure grantmaker. Its charitable footprint spans education — Sir Ronald has long advocated for social investment bonds and outcomes-based funding models — as well as direct assistance to individuals in need and support for arts organizations. Sir Ronald's parallel vehicles, including the Portland Trust and the Global Steering Group for Impact Investment, extend his influence into social finance policy in Israel, the Palestinian territories, and the G7, but the R and S Cohen Foundation itself remains a focused philanthropic entity rather than a program-related investment or venture philanthropy shop. The foundation is governed by family trustees including Jonathan and Tamara Jennifer Harel-Cohen, the couple's children, suggesting a tight family-held governance structure rather than a professionalized institutional board. Sir Ronald's stature in policy circles — he chaired the G8 Social Impact Investment Taskforce and remains a prominent figure in UK and Israeli social finance — means the foundation punches above its weight in convening authority even if its grantmaking scale is modest. The family's residential holdings in London, New York, Cannes, and Tel Aviv indicate a substantial asset base, but the foundation's corpus is deliberately separated from the family's private wealth. What distinguishes the R and S Cohen Foundation structurally is the founder's role as an architect of global impact-investing infrastructure without the foundation itself being an impact-investment vehicle. Sir Ronald writes books about social finance, chairs the Global Steering Group, and influences government policy, while the foundation continues as a conventional grantmaker. This separation — policy leadership running parallel to a straightforward charitable structure — places the Cohens in a unique category: a family whose philanthropic vehicle is arguably less innovative than the founder's external advocacy for innovation in philanthropy itself.

General information

Firm type

Endowment / Foundation

Year founded

1999

Location

Region

Europe

Country

United Kingdom

City

London

Corporate office

London, United Kingdom

Principals

Sir Ronald Cohen

Founder

Lady Sharon Harel-Cohen

Co-founder

Jonathan Harel-Cohen

Trustee

Tamara Jennifer Harel-Cohen

Trustee

Sector focus

EducationHealthcare Services

Frequently asked questions

Who runs the R and S Cohen Foundation?

The foundation was co-founded by Sir Ronald Cohen and Lady Sharon Harel-Cohen. Trustees include their children, Jonathan Harel-Cohen and Tamara Jennifer Harel-Cohen. Sir Ronald is the driving force behind the foundation's mission, but the governance appears to be a family affair rather than an externally managed entity.

Where does the foundation's wealth originate?

Sir Ronald Cohen's wealth stems from co-founding Apax Partners in 1972, one of Europe's pioneering private equity and venture capital firms. Apax raised and deployed billions across buyout and growth strategies, making Sir Ronald one of the most prominent figures in European private equity before he shifted his focus to impact investing and philanthropy in the late 1990s.

Does the foundation make impact investments or only grants?

The R and S Cohen Foundation operates as a traditional grantmaking charity providing funds for education, poverty relief, and the arts. While Sir Ronald Cohen is globally identified with impact investing — he chaired the G8 Social Impact Investment Taskforce and leads the Global Steering Group for Impact Investment — the foundation itself does not appear to pursue program-related investments or venture philanthropy strategies.

How does the foundation relate to Sir Ronald's other ventures like the Portland Trust?

The Portland Trust is a separate entity founded by Sir Ronald to promote economic development and peacebuilding between Israel and the Palestinian territories. It operates alongside the R and S Cohen Foundation but with a distinct geographic and programmatic mandate. Similarly, the Global Steering Group for Impact Investment is an advocacy and policy network chaired by Sir Ronald, not a grantmaking body.

Is the foundation linked to Apax Partners today?

No. Sir Ronald Cohen stepped back from active management at Apax Partners years before the foundation was established in 1999. The foundation is funded by the Cohen family's personal wealth, not by Apax itself, and there is no formal connection between the foundation and the firm.

What is the foundation's posture toward arts funding?

The foundation lists the promotion and encouragement of the arts for public benefit as one of its three core charitable objects, alongside education and poverty relief. Lady Sharon Harel-Cohen's background as a film producer is a natural lens through which the family's arts philanthropy flows, though specific grantee names are not publicly catalogued.

Why doesn't the foundation disclose its asset size?

As a UK-registered charity, the foundation files annual accounts with the Charity Commission, where its total assets and expenditure are publicly available. However, the Cohen family does not proactively publicize the foundation's corpus, and the foundation maintains a low public profile compared to Sir Ronald's policy-facing impact-investing platforms.

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