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Carnegie Corporation of New York

Profile

Last Updated: 2016-10-24

At A Glance

Carnegie Corporation of New York

437 Madison Ave.

New York City, NY United States 10022-7003

Telephone: (212) 371-3200

URL: carnegie.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business; Other

Financial Data

(yr. ended 2014-09-30)

Assets: $3,332,078,461

Total giving: $96,890,716

EIN

131628151

BRIDGE Number

0742953486

Additional Contact Information

E-mail for Nicole Howe Buggs: nb@carnegie.org

Background

Incorporated in 1911 in NY - Founded by the late Andrew Carnegie to promote the advancement and diffusion of knowledge and understanding. Carnegie established the Carnegie Steel Company, which launched the steel industry in Pittsburgh, PA. During his lifetime, he personally donated over $300 million in gifts, including over $56 million for more than 2,500 municipal library buildings throughout the English-speaking world. Carnegie Corporation of New York's capital fund, originally valued of $135 million, now has a market value of over $2.4 billion, placing it among the largest foundations in the country. 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, currently limited to selected countries in Sub-Saharan Africa

Purpose and Activities

As a grantmaking foundation, Carnegie Corporation of New York seeks to carry out Andrew Carnegie's vision of philanthropy, which he said should aim 'to do real and permanent good in this world.' Currently the foundation's work is focused in two integrated programs: the National Program, which includes support for education as a pathway to citizenship; and the International Program, which addresses international peace and security issues.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Higher Education and Libraries in Africa

The program supports institutions and projects working to strengthen the human capital of selected countries in sub-Saharan Africa. Investments build on the Corporation’s decade-long commitment to the transformation of African universities and libraries, work that was also supported through the Partnership for Higher Education in Africa. The program focuses its grantmaking on: 1) Excellence in Postgraduate Training, Research and Retention: develop the next cohort of African academics and education leaders; and 2) Public Libraries in South Africa: complete the construction of model public libraries and training programs for librarians; and academic libraries and university-based research commons. .

International Peace and Security

The program aims to respond to multifaceted international and domestic challenges by bringing independent, authoritative analysis to bear on critical issues, integrating national and international perspectives into solutions and promoting linkages between research and policy communities in the United States and abroad. The program focuses its grantmaking on: 1) Nuclear Security: reduce the greatest threats to global security; 2) States in Transition: bring local context and knowledge to bear on promoting sustainable peace in states in transition; and 3) Dynamics of Global Power: understand and assess the implications of geostrategic shifts among the United States, China, Russia, and other major and emergent powers. .

Pathways to Citizenship and Civic Integration

The program focuses on improving systems for bringing immigrants into the pluralistic mainstream of civic and economic life. There are four areas of grantmaking: 1) Strategic communications: promote balanced and nuanced coverage of immigrants and immigration in the news media; 2) Strengthening the field: strengthening the capacity of organizations supporting immigrant integration in states and localities across the country; 3) Citizenship and nonpartisan civic engagement: integrate immigrants into the nation’s civic and economic life; and 4) Improved policy development: support the development of policies that focus on fixing the current immigration system.

Urban and Higher Education

The program’s goals are centered on creating pathways to educational and economic opportunity by generating systemic change across a K-16 continuum, with particular emphasis on secondary and higher education. The program works to enable many more students, including historically underserved populations, to achieve academic success. Grantees help all students perform with the high levels of creative, scientific, and technical knowledge and skill needed to compete in a global economy and exercise leadership. The program focuses its grantmaking on: 1) Standards and Assessments: support the adoption of the Common Core State Standards in mathematics and English language arts; ensure the completion of high-quality science standards; and advance the development of science learning assessments and of English language proficiency standards; 2) Innovation in Teaching and Human Capital Management: strengthen the preparation and support of teachers and school leaders. Mobilize for stronger science, technology, engineering and math (STEM) teaching by significantly expanding the supply of STEM teachers by implementing the 100K in 10 initiative; 3) New Designs: support innovative school designs that use people, time, money and technology more effectively in secondary and higher education; and 4) Improving Policy: maintaining public support and understanding for Common Core State Standards implementation and building public receptivity to new science standards. .

Fields of Interest

Subjects
  • Archives and special collections
  • Education
  • Immigrant rights
  • International peace and security
  • National security
  • Nuclear non-proliferation
  • Reading promotion
  • Teacher education
  • Voter education and registration
International Interests
  • Africa
  • China
  • Russia
  • Sub-Saharan Africa
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2014-09-30

Assets: $3,332,078,461 (market value)

Expenditures: $137,737,540

Total giving: $96,890,716

Qualifying distributions: $125,235,498

Giving activities include:

$96,269,048 for 327 grants (high: $6,000,000; low: $10,000)

$49,800 for 1 grant to an individual

$571,868 employee matching gifts

$4,025,755 for foundation-administered programs