Jim Simons was a math professor turned hedge fund founder.
He pioneered investing with automated quantitative models.
The Simons Foundation had $4.9 billion in assets as of its most recently available tax filing.
Last year, the Simons pledged $500 million over seven years to Stony Brook University in the second-largest donation ever to a public college.
In a 2017 interview with Forbes, Simons explained why helping math teachers was important to him.
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In partnership with the Unreasonable Group, the Nike Foundation is set to launch the Girl Effect Accelerator this November to help social entrepreneurs whose business startups focus on helping economically disadvantaged adolescent girls.