Quadrature Capital donated approximately $448 million to its climate foundation in 2025, up 51% from the prior year. Financial News reports that the proprietary quant firm earned about $741 million before tax in the year to January 2025 and recorded roughly $643 million of wages for 173 staff. Those conversions use Monday’s $1.338 exchange rate. Financial News, September 21, Reuters sterling reference
The foundation’s cumulative commitments have reached roughly $1.8 billion across 332 organizations. The numbers expose the extraordinary cash generation possible in a private, capacity-constrained trading business; they also show an unusual conversion of those economics into institutional philanthropy. “Wages” in UK accounts can include more than ordinary salaries, so dividing by headcount would create a misleading compensation estimate. The strategic question is how a grantmaker deploying nearly half a billion dollars a year preserves judgment as quickly as it scales.