The Robin Hood Foundation is a nonprofit organization that targets poverty in New York City. The foundation was created in 1988 by hedge fund manager Paul Tudor Jones. The foundation's main focus is on providing funding to organizations that fight poverty in New York City. The foundation has been recognized for its innovative approach to philanthropy, which includes using data to identify the most effective programs and partnering with organizations to help them improve their operations. The foundation has also been praised for its transparency and accountability.