Carnegie Corporation of New York
American philanthropic fund / From Wikipedia, the free encyclopedia
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The Carnegie Corporation of New York is a philanthropic fund established by Andrew Carnegie in 1911 to support education programs across the United States, and later the world.[2]
Formation | June 9, 1911; 112 years ago (1911-06-09) |
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Founder | Andrew Carnegie |
Type | Foundation |
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Legal status | Nonprofit organization |
Purpose | To promote the advancement and diffusion of knowledge and understanding |
Headquarters | 437 Madison Avenue, New York, U.S. |
Region | Global |
Methods | Grant-giving |
Fields | Education, democracy, international peace, higher education in Africa |
President | Louise Richardson |
Chair of the Board | Thomas Kean |
Revenue (2022) | $602 million[1] |
Expenses (2022) | $186 million[1] |
Endowment (2022) | $4.1 billion[1] |
Website | carnegie.org |
Since its founding, the Carnegie Corporation has endowed or otherwise helped establish institutions including the United States National Research Council, Harvard University's Davis Center for Russian and Eurasian Studies (formerly known as the Russian Research Center),[3] the Carnegie libraries, the University of Chicago Graduate Library School, and the Children's Television Workshop (now Sesame Workshop). It also has funded the Carnegie Endowment for International Peace (CEIP), the Carnegie Foundation for the Advancement of Teaching (CFAT), and the Carnegie Institution for Science (CIS). According to OECD, Carnegie Corporation of New York's financing for 2019 development increased by 27% to US$24 million.[4]