A recent announcement of a gift from Dalio Philanthropies to Connecticut’s public schools brings Barbara Dalio’s work in education into the spotlight. She’s a hands-on philanthropist and the wife of Ray Dalio, founder of Bridgewater Associates, one of the most successful hedge funds in the U.S. The wealth of these Giving Pledge signatories is estimated at more than $18 billion.
As part of a public-private partnership to support disengaged youth in public schools, the Dalios and the state government of Connecticut will each give $100 million toward a new $300 million project. They call on other philanthropists and business leaders to contribute the remaining third during the next five years. The Dalio’s gift is the largest known philanthropic donation to benefit the state of Connecticut to date.
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