Carnegie Corporation of New York

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This article is about a grantmaking foundation founded by Andrew Carnegie. For other uses, see The Carnegie Foundation.

The Carnegie Corporation is a general-purpose, grantmaking foundation based in New York City. It was founded by Andrew Carnegie in 1911 to "promote the advancement and diffusion of knowledge and understanding."

The foundation's capital fund, originally valued at about $135 million, had a market value of approximately $2.2 billion in late 2005. It is expected that the foundation's grant making will total more than $80 million during fiscal year 2005-2006.

As a philanthropic organization, it is dedicated to sponsoring shows like Sesame Street, Between the Lions, Clifford the Big Red Dog, and ZOOM.

The current foundation president is Vartan Gregorian. The current board of trustees chair is Helene L. Kaplan, counsel to Skadden, Arps, Slate, Meagher & Flom LLP., who also serves on the boards of JP Morgan Chase and Exxon Mobil. Among other recent chairs has been Newton Minow, who was a former U.S. Federal Communications Commission chair.

[edit] Institutions which have received grants from the Carnegie Corporation

• Children's Television Workshop
• Massachusetts Institute of Technology
• University of King's College in Halifax, Nova Scotia (1929).

[edit] External links

• Carnegie Corporation of New York
• History of the Carnegie Corporation of New York
• Time For Ford Foundation & CFR To Divest? Collaboration of the Rockefeller, Ford and Carnegie Foundations with the Council on Foreign Relations.