| Founder(s) | Cornelius Vander Starr |
|---|---|
| Founded | 1955 |
| Location | New York, New York, United States |
| Focus | Human needs, culture, public policy, medicine and healthcare, education and the environment.[1] |
| Method | Grants |
| Endowment | $3.5 billion |
| Website | www.starrfoundation.org |
The Starr Foundation was established in 1955 by Cornelius Vander Starr, founder of the American Insurance Group. Upon his death in 1968 his estate was passed on to the foundation. Today, it gives between US$100 and 200 million each year to charities and causes globally.
Although the foundation is one of the largest in the country in terms of assets, with some $3.3 billion in 2006, it maintains a low profile.[2] It specializes in Asian arts and cultural philanthropy, but also makes grants in other areas, including education, medicine and healthcare, and public policy.
The foundation is no longer affiliated with AIG.