Billionaire hedge-fund manager Ray Dalio is funding a new center dedicated to health equity and justice at the New York-Presbyterian Hospital through his philanthropy.
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The Dalio Center for Health Justice, a research and advocacy organization, was launched on Tuesday as the result of a $50 million grant from Dalio Philanthropies with the goal of reducing health disparities that disproportionately affect communities of color.
“Our goal is to contribute to equal healthcare and equal education because we believe that these are the most fundamental building blocks of equal opportunity and a just society,” Dalio, founder of Dalio Philanthropies and New York-Presbyterian Trustee, said in a statement.
“We know that these don’t adequately exist, and we are excited to have a great partner in NewYork-Presbyterian,