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Arnold Ventures
Arnold Ventures LLC (formerly known as the Laura and John Arnold Foundation) is an American company that is the philanthropic vehicle of billionaires John D. Arnold and Laura Arnold. As of 2023, the organization had $4.31 billion in assets. Arnold Ventures makes grants in areas including education, criminal justice, health, infrastructure and public finance.
The Laura and John Arnold Foundation was initially created as a philanthropic organization, but was restructured as a limited liability company and renamed Arnold Ventures in January 2019. The organization's LLC structure is intended to allow it to operate with more flexibility.
The Arnolds were among the first to sign The Giving Pledge in 2010, a commitment by high-net-worth individuals to donate a significant portion of their wealth to philanthropic causes during their lifetimes.
In a 2018 article in Texas Monthly, it was reported that the organization had spent over $1 billion since its inception.
The Arnolds apply an investment management approach to philanthropy, targeting a significant portion of their giving toward high-risk efforts with the potential to drive long-term change, while also supporting established institutions to sustain their ongoing work.
In March 2019, Arnold Ventures announced the creation of the National Partnership for Pretrial Justice, aimed at bringing together stakeholders from various sectors affected by pretrial policies. Arnold Ventures also supports the Council on Criminal Justice, a bipartisan group formed in 2019 to improve the criminal justice system. The Council's initial projects included exploring incarceration trends by race and gender and examining the impact of the 1994 Crime Bill.
In July 2019, Arnold Ventures provided $9.8 million for 17 research grants awarded by the National Collaborative on Gun Violence Research. These grants are funding studies on topics such as background check laws, the role of firearms in domestic violence, gun-carrying by high-risk youth, and police training for high-stakes situations.
In June 2020, Arnold Ventures donated $2.7 million to the University of California, Irvine (UCI) to study the sources and consequences of prison violence in seven states. The goal of the three-year study is to develop evidence-based strategies to reduce and prevent violence. The participating states are Arizona, Colorado, Massachusetts, Ohio, Oregon, Pennsylvania, and Texas.
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Arnold Ventures
Arnold Ventures LLC (formerly known as the Laura and John Arnold Foundation) is an American company that is the philanthropic vehicle of billionaires John D. Arnold and Laura Arnold. As of 2023, the organization had $4.31 billion in assets. Arnold Ventures makes grants in areas including education, criminal justice, health, infrastructure and public finance.
The Laura and John Arnold Foundation was initially created as a philanthropic organization, but was restructured as a limited liability company and renamed Arnold Ventures in January 2019. The organization's LLC structure is intended to allow it to operate with more flexibility.
The Arnolds were among the first to sign The Giving Pledge in 2010, a commitment by high-net-worth individuals to donate a significant portion of their wealth to philanthropic causes during their lifetimes.
In a 2018 article in Texas Monthly, it was reported that the organization had spent over $1 billion since its inception.
The Arnolds apply an investment management approach to philanthropy, targeting a significant portion of their giving toward high-risk efforts with the potential to drive long-term change, while also supporting established institutions to sustain their ongoing work.
In March 2019, Arnold Ventures announced the creation of the National Partnership for Pretrial Justice, aimed at bringing together stakeholders from various sectors affected by pretrial policies. Arnold Ventures also supports the Council on Criminal Justice, a bipartisan group formed in 2019 to improve the criminal justice system. The Council's initial projects included exploring incarceration trends by race and gender and examining the impact of the 1994 Crime Bill.
In July 2019, Arnold Ventures provided $9.8 million for 17 research grants awarded by the National Collaborative on Gun Violence Research. These grants are funding studies on topics such as background check laws, the role of firearms in domestic violence, gun-carrying by high-risk youth, and police training for high-stakes situations.
In June 2020, Arnold Ventures donated $2.7 million to the University of California, Irvine (UCI) to study the sources and consequences of prison violence in seven states. The goal of the three-year study is to develop evidence-based strategies to reduce and prevent violence. The participating states are Arizona, Colorado, Massachusetts, Ohio, Oregon, Pennsylvania, and Texas.