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The CFE and the Robin Hood Foundation

The Robin Hood foundation is the not-for-profit organization that has veered into New York State and City politics by providing much of the seed money for the Campaign for Fiscal Equity (CFE)

The Robin Hood Foundation turns out to be a large and long-standing funder of the CFE. In 1998, for example, the Robin Hood Foundation provided $225,000 of the Campaign for Fiscal Equity's $660,000 budget. Over the five years between 1998 and 2002, the Robin Hood Foundation poured a total of $700,000 into the Campaign for Fiscal Equity, according to the grant lists included in the Robin Hood Foundation's tax returns.

And who is behind the Robin Hood Foundation? Its founder is Paul Tudor Jones II. Mr. Jones lives in Greenwich, Conn., where his Tudor Investment Corporation is based. A second board member of the Robin Hood Foundation, Steven A. Cohen, is also a Greenwich-based money manager. Another board member of the Robin Hood Foundation is Richard L. Chilton, Jr., whose Chilton Investment Company Inc. is based in Stamford, Conn. Mr. Chilton himself resides in Darien.

The Robin Hood Foundation does some praiseworthy work in assisting charter schools in New York.

Then there is Bill Gates. He also turns out to be involved in the Campaign for Fiscal Equity. His Bill and Melinda Gates Foundation gave $250,000 to the Campaign for Fiscal Equity in 2003.

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