Bridgewater Founder Foundation Donates $ 100 Million to Connecticut

Dalio Philanthropies, led by the founder of the world's largest hedge fund, announced Friday that it would donate $ 100 million to Connecticut for education and entrepreneurship programs, the largest ever in the state.

Connecticut, which pledged to make a $ 100 million donation, and Dalio Philanthropies will create a new non-profit organization to manage the funds and implement the programs. He will work with public schools and workforce development groups to focus on youth development, state officials said.

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