LP profile · Foundation
Jane and Daniel Och Family Foundation
Jane and Daniel Och Family Foundation is a foundation headquartered in United States (North America). Ranked #162 in the 2026 Dealroom Power Law LP Ranking by realised power-law score across its venture commitments.
Historical Background
- The Jane and Daniel Och Family Foundation is a private, grant-making foundation that received tax-exempt status in June 2009.
- It was established by Daniel Och, founder of the hedge fund Sculptor Capital Management (formerly Och-Ziff Capital Management), and his wife, Jane Och.
Source of Capital
- The foundation's capital is derived from the personal wealth of the Och family.
- As of 2023, the foundation reported total assets of over $523 million.
Major Events
- In 2023, the foundation gave a significant gift to the non-profit organization RIP Medical Debt, aimed at eliminating $264 million in medical debt for residents of Miami-Dade County.
- The foundation made a foundational gift of $50 million to NewYork-Presbyterian to expand the Och Spine program across the New York metropolitan area.
Allocation Strategy
- The foundation operates as a grant-making institution, providing funds to non-profit organizations rather than making traditional private equity or venture capital investments.
- Its philanthropic focus includes education, public health, medical research, Jewish causes, and community development.
- Geographically, the foundation demonstrates a strong focus on the greater New York City area and has supported initiatives in other regions, such as Miami-Dade County.
Sources
- https://www.msmc.com/foundation/living-the-mission/jane-and-daniel-och/
- https://www.causeiq.com/organizations/jane-and-daniel-och-family-foundation,263791338/
- https://projects.propublica.org/nonprofits/organizations/263791338
- https://www.nyp.org/news/nyp-announces-50-million-gift-from-jane-and-daniel-och-family-foundation-to-expand-och-spine
- https://www.globenewswire.com/news-release/2023/06/20/2691244/0/en/RIP-Medical-Debt-Receives-Gift-from-the-Jane-and-Daniel-Och-Family-Foundation-to-Eliminate-264M-of-Medical-Debt-in-Miami-Dade-County.html
- https://www.insidephilanthropy.com/find-a-grant/grants-o/jane-and-daniel-och-family-foundation