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Encyclopedia > Carnegie Corporation of New York

The Carnegie Corporation was founded by the will of Andrew Carnegie in 1911 to "promote the advancement and diffusion of knowledge and understanding." It is the tenth of twelve Andrew Carnegie (November 25, 1835 – August 11, 1919) was a Scottish-American businessman and major philanthropist and the founder of the Carnegie Steel Company which later became U. S. Steel. ...


Based on an initial 135-million dollar grant, the Corporation is now worth 1.9 billion dollars. At its current rate, it gives away 80 million per year; thus, if the Corporation ceased making a profit today, it would be able to continue its charitable works for another 23 years. Allegorical personification of Charity as a mother with three infants by Anthony van Dyck Charity is a term that refers to giving. ...


Institutions which have received grants from the Carnegie Corporation

Sesame Workshop, formerly known as the Childrens Television Workshop (or CTW), is a non-profit organization behind the production of several educational childrens programs that have run on public broadcasting around the world (including PBS in the United States), as well as Noggin, a joint venture with Viacom... The Massachusetts Institute of Technology, or MIT, is a university located in the city of Cambridge, Massachusetts, USA. MIT is one of the worlds leading research institutions in science and technology, as well as in numerous other fields, including management, economics, linguistics, political science, and philosophy. ...

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Carnegie Corporation of New York


  Results from FactBites:
 
CCNY history (3387 words)
Carnegie Corporation of New York, which was established by Andrew Carnegie in 1911 "to promote the advancement and diffusion of knowledge and understanding," is one of the oldest, largest and most influential of American foundations.
Carnegie earmarked a portion of the endowment to be used for philanthropic purposes in Canada and what were then the British Colonies.
The Corporation moved away from higher education, placing priority on the education and healthy development of children and adolescents and the preparation of youth for a scientific and technological, knowledge-driven world.
  More results at FactBites »


 

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