Philippe Laffont, a French hedge fund manager and founder of Coatue Management, tech-oriented alternative investment company. Before Coatue Management, Laffont worked in Tiger Management, becoming one of Julian Robertson’s early (and most successful) Tiger Cubs.
Besides operating a hedge fund, Philippe Laffont also has an extensive philanthropic career that includes operating a family foundation. Through it, Laffont supports educational, healthcare, and welfare goals for the benefit of the entire community.
From the latest 990 filing that finishes up with the fiscal year 2024, the foundation reported $21.42 million of revenue. In the report, it also disclosed $8.37 million of expenses, $13 million in income, while total assets reached $205 million.
In the revenue section, the foundation noted $890 thousand of cash contribution and $9.7 million in stock portfolio value. Interests from savings added $518 thousand, while dividends from securities rolled in $723 thousand. The report also disclosed $9.36 million in capital gains, of which $8.35 million came from Maplebear Inc traded securities.
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