The Robin Hood Foundation's Endowment Is Zero

The Robin Hood Foundation is a 32-year-old organization focused on ending poverty. Unlike the stock trading app, it was founded by investment professionals to invest in organizations with high potential to alleviate poverty. The foundation has allocated nearly $4 billion to various causes, including education, housing, and health. It raises funds annually, with a unique model where every dollar raised is spent within the next year. The board covers all operational expenses, ensuring maximum impact of donations.

What is the primary mission of the Robin Hood Foundation?

• To invest in technology startups

• To engage in stock trading

• To end poverty

• To support GameStop

Who were the founders of the Robin Hood Foundation?

• Elon Musk and Jeff Bezos

• Paul Tudor Jones and Peter Bush

• Warren Buffet and Bill Gates

• Steve Jobs and Steve Wozniak

How much money has the Robin Hood Foundation allocated over 32 years?

• Around $500 million

• Exactly $2 billion

• Just shy of $4 billion

• Just over $1 billion

What is unique about the Robin Hood Foundation's financial model?

• It has a zero endowment policy

• It invests in cryptocurrency

• It has a large endowment

• It only funds tech startups

Who covers the operational expenses of the Robin Hood Foundation?

• The government

• The board

• The employees

• External donors