Inside Philanthropy – Jaffray Woodriff knows a thing or two about data. The investment whiz based in Charlottesville, Virginia, used his homegrown predictive models of investment data to build a $4 billion-plus managed futures firm. Paying tribute to his golden goose, the investor just made a $10 million gift to advance the emerging field ed the grant to his alma mater, The University of Virginia, to endow its new Data Science Institute, a cross-disciplinary center that will focus on interpreting meaning from and using the heaps of of data science.
Woodriff’s private Quantitive Foundation recently pledgdata drawn from arenas such as e-commerce, environmental monitoring, and finance. The university will also provide $7 million to the endowment.
