Arnold Ventures
{{Short description|American philanthropy company}}
{{Infobox organization
| name = Arnold Ventures
| logo = Arnold Ventures logo.png
| type = LLC
| founder = {{unbulleted list|John D. Arnold|Laura Arnold}}
| key_people = {{unbulleted list|John D. Arnold|Laura Arnold|Kelli Rhee}}
| revenue = $687 million (2023){{cite web |title=Laura And John Arnold Foundation - Nonprofit Explorer |url=https://projects.propublica.org/nonprofits/organizations/263241764 |website=ProPublica |access-date=13 June 2025 |language=en |date=9 May 2013}}
| expenses = $181 million (2023)
| homepage = {{URL|https://www.arnoldventures.org}}
}}
Arnold Ventures LLC (formerly known as the Laura and John Arnold Foundation) is a limited liability company that is the philanthropic vehicle of billionaires John D. Arnold and Laura Arnold.{{cite magazine|last1=Apple|first1=Sam|title=The Young Billionaire Behind the War on Bad Science|url=https://www.wired.com/2017/01/john-arnold-waging-war-on-bad-science/|magazine=Wired|date=January 22, 2017}}{{Cite web|last=Piper|first=Kelsey|date=2019-02-07|title=Why this billion-dollar foundation is becoming a corporation|url=https://www.vox.com/future-perfect/2019/2/7/18207247/arnold-foundation-corporation-nonprofit-charity|access-date=2020-12-21|website=Vox|language=en}} As of 2023, the organization had $4.31 billion in assets.
History
The Laura and John Arnold Foundation was initially created as a philanthropic organization, but was restructured as a limited liability company (LLC) and renamed Arnold Ventures in January 2019.{{Cite web|last=Piper|first=Kelsey|date=2019-02-07|title=Why this billion-dollar foundation is becoming a corporation|url=https://www.vox.com/future-perfect/2019/2/7/18207247/arnold-foundation-corporation-nonprofit-charity|access-date=2020-11-03|website=Vox|language=en}} The organization's LLC structure is intended to allow it to operate with more flexibility.{{cite news|last1=Steverman|first1=Ben|title=Two Texas Billionaires Think They Can Fix Philanthropy|url=https://www.bloomberg.com/news/articles/2019-12-12/billionaires-john-and-laura-arnold-s-data-driven-philanthropy|access-date=April 20, 2021|website=Bloomberg|date=12 December 2019 }}
The Arnolds were among the first to sign The Giving Pledge in 2010,{{Cite news|date=2019-12-12|title=Two Texas Billionaires Think They Can Fix Philanthropy|language=en|work=Bloomberg.com|url=https://www.bloomberg.com/news/articles/2019-12-12/billionaires-john-and-laura-arnold-s-data-driven-philanthropy|access-date=2020-12-21}} a commitment by high-net-worth individuals to donate a significant portion of their wealth to philanthropic causes during their lifetimes.
A 2018 article in Texas Monthly said that the organization had spent over $1 billion since its inception.{{Cite web|date=2018-11-19|title=The Power Issue: John and Laura Arnold Are Guiding Philanthropy Into the Age of Big Data|url=https://www.texasmonthly.com/the-culture/power-issue-john-laura-arnold-guiding-philanthropy-age-big-data/|access-date=2020-12-28|website=Texas Monthly|language=en}}
Areas of focus
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.{{cite web|publisher=The Bridgespan Group|url=http://givesmart.org/Give-Smart-Blog/February-2013/Laura-and-John-Arnold-Take-Risks-Make-Big-Bets.aspx|title = The Bold Philanthropy of Laura and John Arnold Embraces Risks and Bets Big|date = February 7, 2013}}{{dead link|date=June 2025}}
== Partnerships ==
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.{{Cite web|last=Moxley|first=Abby Schultz and Mitch|title=Changemakers: The Leaders Reshaping Communities Around the World|url=https://www.barrons.com/articles/changemakers-the-leaders-reshaping-communities-around-the-world-51560776407|access-date=2020-12-08|website=www.barrons.com|language=en-US}} 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.{{Cite news|date=2019-07-23|title=National leaders start group for bipartisan criminal justice reform|work=Christian Science Monitor|url=https://www.csmonitor.com/USA/Justice/2019/0723/National-leaders-start-group-for-bipartisan-criminal-justice-reform|access-date=2020-12-08}}
== Gun violence research ==
In July 2019, Arnold Ventures provided $9.8 million for 17 research grants awarded by the National Collaborative on Gun Violence Research.{{Cite web|date=2019-09-10|title=Gun Violence Researchers Find Their Field at a Crossroads|url=https://www.thetrace.org/2019/09/gun-violence-researchers-find-their-field-at-a-crossroads/|access-date=2020-11-12|website=The Trace|language=en-US}} 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.
== Prison violence and health ==
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.{{Cite web|date=2020-06-29|title=$2.7 million gift by Arnold Ventures to UCI funds most comprehensive prison violence study to date|url=https://news.uci.edu/2020/06/29/2-7-million-gift-by-arnold-ventures-to-uci-funds-most-comprehensive-prison-violence-study-to-date/|access-date=2021-02-24|website=UCI News|language=en-US}} The participating states are Arizona, Colorado, Massachusetts, Ohio, Oregon, Pennsylvania, and Texas.
As of April 2021, the organization had committed $7.8 million to COVID-19-related criminal justice grants, supporting initiatives such as alternatives to arrest, pretrial reforms, and the release of vulnerable inmates.{{Cite web|title=Fault Lines: How a Leading Criminal Justice Funder Is Navigating a Historic Moment|url=https://www.insidephilanthropy.com/home/2020/8/25/fault-lines-how-a-leading-criminal-justice-funder-is-navigating-a-historic-moment|access-date=2021-04-19|website=Inside Philanthropy|date=25 August 2020 |language=en-US}}
== Data-Driven Justice ==
The foundation funded Data-Driven Justice, a program initiated by the Obama administration in 2016 to identify repeat low-level offenders with substance abuse or mental health issues and provide targeted interventions. In 2018, the foundation pledged $1.6 million for pilot programs in Middlesex County, Massachusetts; Long Beach, California; and Johnson County, Iowa.{{Cite web|date=2018-05-02|title=Data drives effort to support repeat, low-level offenders|url=https://www.bostonherald.com/2018/05/02/data-drives-effort-to-support-repeat-low-level-offenders/|access-date=2020-12-11|website=Boston Herald|language=en-US}} In May 2018, the foundation announced $4.1 million in grants to help communities address the needs of "frequent utilizers"—individuals who frequently cycle between jails and hospitals.{{Cite web|title=LJAF Awards $4.1 Million for 'Frequent Utilizer' Initiative|url=http://philanthropynewsdigest.org/news/ljaf-awards-4.1-million-for-frequent-utilizer-initiative|url-status=live|archive-url=https://web.archive.org/web/20191104060809/http://philanthropynewsdigest.org:80/news/ljaf-awards-4.1-million-for-frequent-utilizer-initiative |archive-date=2019-11-04 |access-date=2020-12-23|website=Philanthropy News Digest|language=}}
In 2011, the Vice President of Criminal Justice at the then-LJAF, former New Jersey Attorney General Anne Milgram, led the development of a risk assessment tool called the Public Safety Assessment (PSA) for use in pretrial release decisions.{{Cite web|title=June Rodgers v. Christopher Christie, No. 19-2616 (3d Cir. 2020)|url=https://law.justia.com/cases/federal/appellate-courts/ca3/19-2616/19-2616-2020-03-06.html|access-date=2020-12-03|website=Justia Law|language=en}} The PSA has been the subject of controversy, including a 2017 lawsuit brought by a family whose son was allegedly murdered by a man granted pretrial release based on the PSA.{{Cite web|title=Who stays in jail before trial? Who goes free? Sometimes, an algorithm helps decide|url=https://www.jsonline.com/story/news/solutions/2019/02/18/controversial-algorithms-help-decide-who-stays-jail-goes-free/2863797002/|access-date=2019-06-10|website=Milwaukee Journal Sentinel|language=en}} In 2020, a U.S. Appellate Court upheld the dismissal of the complaint.
In 2016, the foundation donated $360,000 to a trial of continuous aerial surveillance in Baltimore, Maryland, using drones. The project, funded by the LLC, was implemented without the knowledge of local authorities, leading to legal challenges and public outcry.{{cite web |last1=Oxenden |first1=McKenna |title=A divided federal appeals court rules Baltimore's surveillance plane is constitutional, cites city's struggles |url=https://news.yahoo.com/divided-federal-appeals-court-rules-033300280.html |website=Yahoo News |date=6 November 2020 |publisher=Baltimore Sun |access-date=April 20, 2021}}{{cite web |last1=Opilo |first1=Emily |title=Texas philanthropists say they're backing out of financing surveillance plane technology that flew over Baltimore |url=https://www.baltimoresun.com/politics/bs-md-pol-baltimore-spy-plane-20210126-on26ewfmyvf2zo2bi6cxfb33au-story.html |website=Baltimore Sun |date=26 January 2021 |access-date=April 20, 2021}}
In 2019, the foundation committed $17 million in grants to study the effectiveness of prisons in the U.S. as part of the criminal justice system.{{Cite news|date=2019-12-12|title=Two Texas Billionaires Think They Can Fix Philanthropy|language=en|work=Bloomberg.com|url=https://www.bloomberg.com/news/articles/2019-12-12/billionaires-john-and-laura-arnold-s-data-driven-philanthropy|access-date=2020-12-02}}
=Education=
In May 2012, Reuters reported that the Laura and John Arnold Foundation had committed $20 million over five years to an initiative called StudentsFirst, led by Michelle Rhee, former head of the Washington, D.C. public school system.{{cite web|url=http://www.huffingtonpost.com/2012/05/15/michelle-rhee-education-a_n_1519720.html|title = Michelle Rhee, Education Activists Targeting U.S. Schools, Backed By Big Bucks|last = Simon|first = Stephanie|date = May 15, 2012|publisher = Huffington Post (originally from Reuters)}}{{cite web|url=http://www.huffingtonpost.com/2012/06/25/corrected-national-educat_n_1626053.html|title = StudentsFirst Spending: National Education Reform Group's Partial Tax Records Released|last = Simon|first = Stephanie|date = June 25, 2012|publisher = Huffington Post (originally from Reuters)}}
On June 26, 2012, the foundation launched the ERIN Project, a tool for analyzing the national K-12 education landscape.{{cite news|date=2012-06-26|title=Laura and John Arnold Foundation Launches Powerful K-12 Education Tool|work=Ed Surge|url=https://www.edsurge.com/news/erin-project-roadmap-for-education-initiatives}}{{Cite web|date=2012-07-11|title=Erin Project roadmap for education initiatives - EdSurge News|url=https://www.edsurge.com/news/erin-project-roadmap-for-education-initiatives|access-date=2020-12-23|website=EdSurge|language=en}}
Arnold Ventures partnered with other organizations to create The City Fund in 2018, a nonprofit focused on improving public schools using the portfolio model. Under this model, school systems invest in schools that deliver good results and close or change those that do not. The City Fund raised nearly $200 million in its first year.{{Cite web|title=Currents: The Nation is Watching|url=https://static1.squarespace.com/static/56bba43086db4378db7e026d/t/5c649d3deef1a179a78613f9/1550097735419/Currents+Q1_2019.pdf|website=Baton Rouge Area Foundation}}
In March 2020, Arnold Ventures gave $3 million to The City Fund to fund schools during the coronavirus pandemic. The money was distributed among the 14 cities where the group has active grants.{{Cite web|last=Cuccinello|first=Hayley C.|title=Billionaire Tracker: Actions The World's Wealthiest Are Taking In Response To The Coronavirus Pandemic|url=https://www.forbes.com/sites/hayleycuccinello/2020/03/17/billionaire-tracker-covid-19/|access-date=2020-12-23|website=Forbes|language=en}}
=Public finance and democracy=
In 2016 and 2018, the foundation joined other donors in providing $40 million to end gerrymandering and implement open primaries and ranked choice voting.{{Cite web|title=Commentary: How philanthropy could fix America's broken politics|url=https://fortune.com/2020/08/06/american-politics-2020-elections-campaign-reform-politlcal-philanthropy/|access-date=2020-12-08|website=Fortune|language=en}} In 2018, Arnold Ventures partnered with six organizations to sponsor an independent committee of scholars to conduct research on Facebook’s role in elections and democracy. The Social Science Research Council oversaw the research proposal selection and peer-review process.{{Cite web|title=Facebook, Foundations, and Democracy: Putting the 'R-word' Back Into Philanthropy|url=https://pndblog.typepad.com/pndblog/2018/04/facebook-foundations-and-democracy-putting-the-r-word-back-into-philanthropy.html|url-status=live|archive-url=https://web.archive.org/web/20180419064454/http://pndblog.typepad.com:80/pndblog/2018/04/facebook-foundations-and-democracy-putting-the-r-word-back-into-philanthropy.html? |archive-date=2018-04-19 |access-date=2020-12-23|website=Philantopic}}
The foundation has funded various politically-oriented 501(c)4 organizations. Many focus on tax and retirement policies.
LJAF’s pension reform efforts have been controversial.{{cite web|url=http://www.huffingtonpost.com/2013/09/24/pew-trusts-pensions_n_3983654.html|title = Promise Breakers: How Pew Trusts Is Helping to Gut Public Employee Pensions |last = Cohn|first = Gary|date = September 24, 2013|publisher = Huffington Post (originally from Frying Pan News)}}{{cite web|url =http://www.latimes.com/business/hiltzik/la-fi-mh-brookings-20140228,0,2981449.story|title = First PBS, now Brookings: Has another institution sold its soul?|last = Hiltzik|first = Michael|date = February 28, 2014|work = Los Angeles Times}} However, the foundation's goal has been to identify failed systems and propose viable alternatives.{{Cite web|title=John Arnold: The Most Hated Man in Pensionland|url=https://www.governing.com/topics/mgmt/gov-john-arnold-pensions.html|access-date=2020-12-08|website=www.governing.com|date=22 March 2017|language=en}} Even critics acknowledge the need for reform.{{Cite web|last=Levine|first=Marianne|title=Enron billionaire frets about public pensions' solvency|url=https://politi.co/2BGDki6|access-date=2020-12-08|website=POLITICO|date=31 December 2014 |language=en}} In 2014, public pension systems faced shortfalls exceeding $1 trillion, contributing to the bankruptcy filings of two cities in California and Michigan.
In July 2014, the Arnold Foundation donated $2.8 million to the Center for Public Integrity to support a project focused on state campaign finance. The foundation has also funded think tanks and research institutes focused on public pension issues, including the libertarian Reason Foundation and Boston College’s Center for Retirement Research. In 2016, the foundation and unions in Arizona supported a ballot measure that reduced cost-of-living payments to retired police and firefighters.
= Health care =
By 2020, Arnold Ventures had donated $347 million to health care initiatives, including $5.67 million to the Center for Healthcare Transparency, $23.19 million to the Nutrition Science Initiative, and $1.67 million to the Research Triangle Institute.{{Cite web|title=This billionaire couple is taking on Big Pharma to lower your prescription drug prices|url=https://www.nbcnews.com/nightly-news/video/this-billionaire-couple-is-taking-on-big-pharma-to-lower-your-prescription-drug-prices-1434124867858|access-date=2020-11-16|website=NBC News|language=en}} Arnold Ventures was one of three organizations that invested in Civica RX, a nonprofit focused on reducing drug costs.{{Cite web |last= |first= |date=3 June 2019 |title=Arnold Ventures is developing innovative solutions to persistent problems |url=https://www.tmc.edu/news/2019/06/arnold-ventures-is-developing-innovative-solutions-to-the-countrys-most-persistent-problems/ |url-status=live |archive-url=https://web.archive.org/web/20190617134211/https://www.tmc.edu/news/2019/06/arnold-ventures-is-developing-innovative-solutions-to-the-countrys-most-persistent-problems/ |archive-date=2019-06-17 |access-date=2020-12-28 |website=TMC}} Fifty large hospital systems partnered with Civica RX.
Arnold Ventures donated $27.6 million to the Institute for Clinical and Economic Review (ICER), accounting for 69% of its funding. ICER conducts cost analyses of prescription drugs and medical procedures using metrics like the quality-adjusted life year (QALY) and Equal Value of Life Years Gained (evLYG). Arnold Ventures’ work through ICER has been praised for standardizing drug pricing but has faced criticism for potentially limiting investment in treatments for elderly patients or those with rare diseases.{{cite news |last1=Roland |first1=Denise |title=Obscure Model Puts a Price on Good Health—and Drives Down Drug Costs |url=https://www.wsj.com/articles/obscure-model-puts-a-price-on-good-healthand-drives-down-drug-costs-11572885123 |newspaper=Wall Street Journal |date=4 November 2019 |access-date=April 20, 2021}}
In January 2021, the organization helped fund the Action Collaborative on Countering the U.S. Opioid Epidemic, formed by the National Academy of Medicine and the Aspen Institute to address the risks posed by the COVID-19 pandemic to people with substance use disorders and chronic pain.{{Cite journal|date=2021-01-01|title=Substance Use Disorders: Funding For Prevention|journal=Health Affairs|volume=40|issue=1|pages=174–175|doi=10.1377/hlthaff.2020.02280|pmid=33400580 |s2cid=230782688 |issn=0278-2715|doi-access=}}
= Partnerships for Proven Programs =
In March 2025, Arnold Ventures partnered with Oklahoma Governor Kevin Stitt to launch a $10 million matching initiative focused on expanding evidence-based programs for children and families. The partnership will initially focus on community-driven programs, such as Oklahoma's "Be A Neighbor" initiative.{{Cite web |last=Briones |first=Alejandra |date=2025-03-26 |title=Newly announced $10 million matching initiative aims to help Oklahoma children |url=https://www.koco.com/article/kevin-stitt-arnold-ventures-10-million-match-initiative-oklahoma-children/64299093 |access-date=2025-06-11 |website=KOCO |language=en}}{{Cite web |date=2025-04-21 |title=How Arnold Ventures Seeks to Help Policymakers Implement Programs That Work |url=https://www.insidephilanthropy.com/home/how-arnold-ventures-seeks-to-help-policymakers-implement-programs-that-work |access-date=2025-06-11 |website=www.insidephilanthropy.com |language=en-US}}
=Research integrity=
{{see also|Metascience}}
One of the first projects funded by the foundation was research into obesity, inspired by John Arnold's interest after hearing an interview with Gary Taubes on the EconTalk podcast. This led to a $4.7 million seed grant to the Nutrition Science Initiative (NuSI), a nonprofit co-founded by Taubes and Peter Attia to investigate the causes of obesity.{{cite news|title=The money behind the fight over healthy eating |date=October 7, 2015|author1=Purdy, Chase |author2=Bottemiller Evich, Helena|url=http://www.politico.com/story/2015/10/the-money-behind-the-fight-over-healthy-eating-214517|publisher=Politico}} The foundation later promised an additional $35.5 million. It also funds The Nutrition Coalition, which advocates for changes in how the Dietary Guidelines for America are formulated.
The foundation provided a $5.25 million grant to launch the Center for Open Science, followed by an additional $10 million in funding by 2017. The Center has undertaken reproducibility projects to confirm the validity of published scientific research.
The foundation also funded the launch of the Meta-Research Innovation Center at Stanford at Stanford University, led by John Ioannidis and Steven Goodman, to study ways to improve scientific research; and supported the AllTrials initiative co-led by Ben Goldacre.
As of 2017, Arnold Ventures had given around $80 million in grants under its "Research Integrity" initiative.
References
{{reflist|2}}