Carnegie Corporation of New York

The Carnegie Corporation of New York "was created by Andrew Carnegie in 1911 to promote "the advancement and diffusion of knowledge and understanding." Under Carnegie's will, grants must benefit the people of the United States, although up to 7.4 percent of the funds may be used for the same purpose in countries that are or have been members of the British Commonwealth, with a current emphasis on Commonwealth Africa. As a grantmaking foundation, the Corporation seeks to carry out Carnegie's vision of philanthropy, which he said should aim "to do real and permanent good in this world.""

Carnegie Medals of Philanthropy

Assets
"The Corporation's capital fund, originally donated at a value of about $135 million, had a market value of approximately $2.2 billion on September 30, 2005. It is expected that the Corporation's grant making will total more than $80 million during fiscal year 2005-2006." 

Board of Trustees
Source
 * Helene L. Kaplan - (Chairman) Of Counsel Skadden, Arp, Slate, Meagher & Flom
 * Martin L. Leibowitz - (Vice Chair) Managing Director, Morgan Stanley
 * Vartan Gregorian - (President) Carnegie Corporation of New York
 * Bruce Alberts - Professor, University of California, San Francisco
 * Pedro Aspe - Chairman and Chief Executive Officer, Protego Asesores Financieros
 * Geoffrey T. Boisi - Chairman and Senior Partner, Roundtable Investment Partners LLC
 * Richard H. Brodhead - President, Duke University
 * Fiona Druckenmiller
 * Amy Gutmann - President, University of Pennsylvania
 * Susan Hockfield - President, Massachusetts Institute Of Technology
 * James B. Hunt - Partner, Womble, Carlyle, Sandridge & Rice
 * Thomas H. Kean - Chairman, THK Consulting
 * Olara A. Otunnu - President, LBL Foundation for Children
 * William A. Owens - CEO & Chairman of AEA Investors (Asia) Limited
 * Ana Palacio - Member, Spanish Parliament
 * Norman Pearlstine - Senior Advisor, The Carlyle Group
 * Thomas R. Pickering - Senior Vice President for International Relations, Boeing Company
 * Richard W. Riley - Senior Partner, Nelson, Mullins, Riley & Scarborough, L.L.P.
 * Janet L. Robinson - President and Chief Executive Officer, The New York Times Company
 * Raymond W. Smith - Chairman, Rothschild, Inc. - Founding Partner, Arlington Capital Partners

Journalism Projects
"In 2005, the Corporation announced a partnership with the John S. and James L. Knight Foundation focused on improving journalism education. The Carnegie Knight Initiative on the Future of Journalism Education was launched as an educational initiative comprising five major research universities' schools of journalism and stressed curriculum enrichment, news training and experimentation and public leadership opportunities for the journalism school deans. Since it began, four additional university schools of journalism have joined the initiative. It will be expanded in 2008 to include three more schools and then capped at that twelve-university membership."

Program Staff

 * Susan King, Vice President, External Affairs and Director, Journalism Initiative, Special Initiatives and Strategy
 * Ambika Kapur, Program Associate
 * Patricia Rosenfield

Contact

 * Carnegie Corporation of New York
 * 437 Madison Avenue, New York, NY 10022 USA
 * Tel: (212) 371-3200
 * Web: http://www.carnegie.org

Related Sourcewatch articles

 * Dimitra Doukas
 * Lloyd N. Morrisett - former vice president

Critical Resources

 * Carnegie Corporation of New York, Neocon Europe, accessed 18 May, 2009.
 * Edward Berman, The Ideology of Philanthropy: The Influence of the Carnegie, Ford, and Rockefeller Foundations on American Foreign Policy, (SUNY Press, 1983)
 * Richard Heyman, The Role of Carnegie Corporation in African Education, 1925-1960, Ed.D. dissertation, Columbia University, 1970.
 * Kenneth King, Pan Africanism and Education: A Study of Race Philanthropy and Education in the Southern States of America and East Africa (Clarendon Press, 1971).