Laura And John Arnold Foundation (LJAF) is an independent non-profit foundation based in Houston, Texas. Established in 2010, the foundation's core objective is to produce substantial, widespread and lasting reforms that will maximize opportunities and minimize injustice in the society. The foundation aims to develop a culture in which individuals have the best chance to succeed and prosper while encouraging a sense of responsibility, compassion, and reinvestment toward the communities and society as a whole. The assets of the firm are managed by the executive management team.Laura And John Arnold Foundation's investment portfolio is valued at $2.14 billion, with investments in domestic and international equities, infrastructure, real estate, hedge funds, oil & gas, fixed income, private equity, and cash.