The Dalio family’s first philanthropic activities began in 1995 when Ray and Barbara sent their 11-year-old son, Matt, to live and attend school in China. While there, he visited an orphanage and realized he could provide lifesaving help to orphans with special needs. In the years following Matt’s return from China, he founded the China Care Foundation, which raised nearly $15 million and saved the lives of thousands of special needs children.
The family’s journey with China Care Foundation inspired the family to establish the Dalio Foundation in 2003, which later became part of Dalio Philanthropies. Giving remains a core Dalio family value and shared activity.
In 2011, Ray and Barbara Dalio signed the Giving Pledge, committing to give away the majority of their wealth to charitable causes. Dalio Philanthropies focuses on areas and organizations we know well and care deeply about. We believe in partnering with closely aligned people and causes to do good. We also focus on the leaders in organizations we invest in because we believe that the “who” is more important than the “what.” Dalio Philanthropies aims to promote financial self-sufficiency across our philanthropic focus areas with the goal of ensuring lasting and meaningful impact.
Dalio Philanthropies is governed by a board that makes decisions as a committee. We do not accept unsolicited proposals or donation requests, and such solicitations will not be considered by the Board.