Personal Contributions Stoke Policy Change

A Thirtysomething Billionaire Couple’s Bold Philanthropy 2

Leila Hadd

John and Laura Arnold are supporting a study to see if students at KIPP wind up achieving more than students who apply to the charter schools but don’t gain entry.

Enlarge Image
close A Thirtysomething Billionaire Couple’s Bold Philanthropy 2

Leila Hadd

John and Laura Arnold are supporting a study to see if students at KIPP wind up achieving more than students who apply to the charter schools but don’t gain entry.

John D. Arnold, a 37-year-old billionaire hedge-fund manager, and his wife, Laura, a lawyer, have chosen to support causes that sometimes can’t be advanced fully without legislative action.

That’s why their $670-million Houston fund, the Laura and John Arnold Foundation, is paying for a mix of research and efforts to educate the public and policy makers about key issues affecting the criminal-justice, education, and pension systems.

The Arnolds also say they plan