OUR
MISSION
Carnegie Corporation of New
York was created by Andrew Carnegie in 1911 to
promote "the advancement and diffusion of knowledge and
understanding." 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, with a current emphasis on Commonwealth
Africa. As a grantmaking foundation, the Corporation seeks to carry
out Carnegie's vision of philanthropy, which he said should aim "to
do real and permanent good in this world."
OUR WORK
The
program areas that are now the focus of the Corporation's work have
evolved over time, adapting to changing circumstances as Andrew
Carnegie wished. While current program directions have been designed
to correspond with the Corporation's historic mission and legacy and
to maintain the continuity of its work, they are also intended to
serve as catalysts for change.
In the
21st century, under Vartan Gregorian, Carnegie Corporation is facing
the challenge of how to support the development of a global community
in an age when both isolationism and nationalism seem to be fostering
a fractured view of the world. And in a time when we are overwhelmed
by information, how do we use it to build a sense of community
instead of allowing it to tear us apart?
The
Corporation's current program directions are listed below. A
detailed description of the program guidelines will be found under
each heading.
GENERAL PROGRAM GUIDELINES AND PRIORITIES
Individual Program Areas—New for 2004-2005
The following program descriptions provide an overview of the work
agenda for the Corporation's four program areas during the fiscal
year 2004-2005.
*The
fellowship programs of Carnegie Corporation of New York and the
Carnegie Foundation for the Advancement of Teaching share the same
name but have very different goals as well as requirements and selection
procedures. For information about the Foundation's Scholars Program,
see their web site: www.carnegiefoundation.org/CASTL/highered.
Assets
The Corporation's capital fund, originally donated at a value of
about $135 million, had a market value of approximately $1.9 billion
on September 30, 2004. It is expected that the Corporation's grant
making will total more than $80 million during fiscal year 2004-2005.
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