Robert Wood Johnson Foundation
The Robert Wood Johnson Foundation (RWJF), headquartered in Princeton, New Jersey, is the largest philanthropic foundation in the United States dedicated solely to health. Established in 1972, RWJF focuses on improving health and healthcare, advancing health equity, and supporting vulnerable populations. The foundation provides grants, invests in impact-driven initiatives, and manages a significant endowment. As of recent years, the employee count is estimated to range between 250–300. RWJF serves communities nationwide, supporting initiatives and organizations that promote better health outcomes on a broad and equitable basis.
Investment Strategy
The Robert Wood Johnson Foundation follows a long-term investment approach emphasizing prudent risk management, consistent capital deployment, and the integration of ethical, social, and human rights considerations. The foundation manages a diverse set of assets, predominately through external managers, investing across public and private asset classes. RWJF avoids investments in industries such as firearms, alcohol, cannabis, and tobacco, and prioritizes managers who incorporate sustainability and ethical standards in their strategies. The endowment seeks to generate returns at least equal to its annual spending plus inflation, ensuring a stable, enduring support for grantees. Additionally, RWJF allocates significant capital for impact investments focused on health equity, racial equity, and the well-being of low- and moderate-income communities, using deposits, loans, equity, and guarantees to catalyze positive community impact.
Top Holdings
Equity Positions (2)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
O OBDC | BLUE OWL CAPITAL CORP. | 53.43% | $60.5M | 4,218,864 | $12.05 | $14.34 | -$1.4M |
J JNJ | JOHNSON & JOHNSON | 46.57% | $52.7M | 345,148 | $86.63 | $152.75 | -$365.7M |