Carnegie Corporation of New York

Andrew Carnegie founded the Carnegie Corporation of New York in 1911.  The earlier nonprofits Carnegie founded, such as the Carnegie Institution of Washington, the Carnegie Hero Fund, and the Carnegie Endowment for International Peace, had narrow, limited aims. But Carnegie, who still had half his fortune when he crated the corporation, left no restrictions on what the Carnegie Corporation should be used for. As a result, the nonprofit gradually deviated from Andrew Carnegie’s beliefs. Before Carnegie’s death in 1919, the Carnegie Corporation eliminated a program created by Carnegie that subsidized the construction of libraries. However, until World War II the Carnegie Corporation largely funded other Carnegie charities.

At-A-Glance

Formation:

1911

President:

Dame Louise Richardson

Location: New York, NY View on map
Tax ID: 13-1628151
Most Recent Filing: 2024
Budget (2024): Assets: $4,536,407,530 Revenue: $330,095,125 Expenses: $239,728,496

Contents

    Under the presidencies of John W. Gardner (1955-1965) and Alan W. Pifer (1965-1982), the Carnegie Corporation dramatically expanded. Its most significant achievement was the Carnegie Commission on Educational Television (1965), which inspired the creation of the Corporation for Public Television. A second commission, the Carnegie Commission on the Future of Public Broadcasting (1979; also known as “Carnegie II”) was far less effective.

    During the presidency of Vartan Gregorian (2017-2023), the Carnegie Corporation was awarded substantial grants to left-of-center organizations including the Alliance for Justice, the now-defunct Association of Community Organizations for Reform Now (ACORN) and the Mexican American Legal Defense and Education Fund (MALDEF). It also funded several prizes including the Carnegie Medals for Philanthropy, the Andrew Carnegie Medals for Excellence in Fiction and Nonfiction, and the Andrew Carnegie Fellows, a program similar to the MacArthur Foundation’s fellowship programs but limited to college professors.

    In 2023, Dame Louise Richardson became the president of the Carnegie Corporation, a position she holds as of July 2024. 1

    Origins

    Andrew Carnegie (1835-1919) retired from business in 1901, when he and his partners sold Carnegie Steel to U.S. Steel. He created many organizations with limited aims, including the Carnegie Institution of Washington, which conducts scientific research, the Carnegie Hero Fund2, which gives medals to people who save others’ lives, and the Carnegie Foundation for the Advancement of Teaching, which funds educational research.

    By 1906, notes Carnegie biographer Joseph Frazier Wall, “Carnegie was sick of the game” of philanthropy, and by 1910 “he was desperately sick of it.” “The final task dispensation of wealth preparing for the final exit,” Carnegie wrote to a friend, is “a heavy task…all sad.. You have no idea the strain I have been under.”3

    When the Carnegie Endowment for International Peace was created in 1910, Carnegie still had half of his fortune. Under the advice of Elihu Root, Secretary of State in the Theodore Roosevelt administration, Carnegie used $125 million to create the Carnegie Corporation of New York in 1911. He imposed only one restriction on the corporation: It would provide pensions for Presidents of the United States and their widows.4

    Three years later, Carnegie tried to change his mind. He tried to take $10 million from the Carnegie Corporation budget for a new organization to serve Great Britain. When Root advised that the endowment could not be reversed, Carnegie used money he had saved for his retirement to start the British organization. 5

    Carnegie’s wishes were violated a second time during his lifetime when the Carnegie Corporation board voted to slow down and ultimately eliminate the program that funded libraries. Of the 1.419 libraries funded with Carnegie’s money, only six were approved after 1917, two years before Carnegie’s death, with the last opening in American Fork, Utah in 1919. Historian Theodore Jones notes that there is no evidence what Carnegie’s reaction was when the Carnegie Corporation board voted to terminate the library program.6

    Eugenics

    While the connections between philanthropy and eugenics encompass many groups besides the Carnegie Corporation, one of the most egregious examples lies squarely at the feet of former longtime board member Frederick H. Osborn. 7 Osborn, a staunch population-control enthusiast, authored Preface to Eugenics in 1940. He began the Population Council in 1952 alongside John D. Rockefeller III and wrote a chapter on population control in Rockefeller Foundation executive Warren Weaver’s volumes on American philanthropical action in 1967. 7

    Specifically related to Carnegie Corporation funds is the Wake Forest School of Medicine in North Carolina. In 2002, then-Governor Mike Easley issued an apology for the state’s history with eugenics and genetics testing. These state-integrated programs were funded by the Carnegie Corporation. 8

    While the above can be attributed only to the Carnegie Corporation of New York, the Carnegie Institute of Washington helped fund the eugenics movement. Charles Davenport and Harry Laughlin opened the Eugenics Record Office in 1910 with the backing of the Carnegie Institute and the Rockefellers. 9 There, they compiled records of the “feebleminded” from the slums of New York and the Pine Barrens of New Jersey. Laughlin testified before Congress about his work and was later awarded an honorary degree in the “science of racial cleansing” from the University of Heidelberg in Nazi Germany. 9 The Second World War and the Nazis’ fascination with eugenics ended public interest in the United States and western Europe and the Eugenics Record Office was closed in 1939. 9

    Carnegie Corporation in the 20th Century

    Until World War II, the Carnegie Corporation remained relatively small. Under the presidency of Henry S. Pritchett, the foundation largely funded other Carnegie charities.  Pritchett’s successor, Frederick S. Keppel, discarded old programs but created few new ones.  As a result, the Carnegie Corporation remained small until after World War II.10

    After World War II, and the presidencies of John W. Gardner (1955-1965) and Alan Pifer (1965-1982), the foundation dramatically expanded. Under Pifer’s presidency, according to foundation observer Waldemar Nielsen, Carnegie became “the quintessential liberal, activist entrepreneurial foundation, more of a combat force than a traditional charity.”11

    Carnegie’s most significant achievement of the 1960s was funding the Carnegie Commission on Educational Television in 1965. The Commission issued a report, Public Television: A Program for Action, which said “we contemplate assistance to Public Television on a far larger scale than at present.”12 All of the commission’s recommendations, including changing the name of educational television to “public television,” creating one quasi-governmental organization to run the stations and oversee content (the Public Broadcasting Service) and a second one (the Corporation for Public Broadcasting) to fund the stations. The only proposal Congress rejected from the commission was a two-percent excise tax on the sale of television sets to pay for shows on public television.

    In 1977, the Carnegie Corporation created a second commission to explore ways to fund public broadcasting. Unlike the first Carnegie Commission, the report of the Carnegie Commission on the Future of Public Broadcasting, or “Carnegie II,” issued in 1979, published recommendations that were not implemented, including doubling the size of the public broadcasting budget and paying for it in part by taxing commercial stations’ broadcast licenses.13

    In 1985, the Carnegie Corporation met with representatives of other nonprofits Carnegie created to celebrate the 150th anniversary of Andrew Carnegie’s birth.  At the event Carnegie Corporation president David Hamburg told the Chronicle of Higher Education that Andrew Carnegie, were he alive, would appreciate “a continuing commitment to three themes that shaped his philanthropy: peace, education, and social justice.”14

    The Vartan Gregorian Years

    Vartan Gregorian became the Carnegie Corporation’s president in 1997, a position he held until 2023. Prior to becoming Carnegie Corporation president, he was president of Brown University and also served as an adviser to Walter Annenberg in his Annenberg Challenge, a $500 million series of grants to public schools that many consider a major philanthropic mistake. 15 1

    The Carnegie Corporation under Gregorian has funded numerous liberal groups. Among others, it has funded the Alliance for Justice, the now-defunct Association of Community Organizations for Reform Now (ACORN), and the Mexican American Legal and Defense Fund (MALDEF).16

    The Carnegie Corporation has also funded a wide variety of prizes in recent years.  These include:

    • The Carnegie Medals for Philanthropy, launched in 2001, awarded to eminent philanthropists. The most recent winners include H.F. “Gerry” Lenfest and Marguerite Lenfest of the Lenfest Foundation, Julian Robertson of the Robertson Foundation, and Jeff Skoll of the Skoll Foundation.17
    • The Andrew Carnegie Medals for Excellence in Fiction and Nonfiction, co-sponsored with the American Library Association. The winners in 2017 were Colson Whitehead for The Underground Railroad for best novel and Matthew Desmond for Evicted for best non-fiction book.18
    • The Andrew Carnegie Fellows, launched in 2015, which give 35 professors two-year, $200,000 grants. These grants are similar to the MacArthur Fellowships, but are limited to professors.19
    • The Academic Leadership Award, launched in 2015. In 2017 this prize was given to seven university presidents, including Georgia State University president Mark P. Becker, Georgetown University president John J. DeGioia, and Case Western Reserve University president Barbara J. Snyder. Schools whose presidents received these prizes got $500,000 grants.20

    Evaluations

    In 2011, the Carnegie Corporation marked its centennial. President Vartan Gregorian gave an interview with Carnegie Corporation vice president Susan King in which he said his role was to be “a guardian of a tradition: a guardian of an important mission…We just have to keep Andrew Carnegie’s notion of spreading the gospel of wealth, and that’s what we are doing.”21

    Indiana University philanthropy professor Leslie Lenkowsky noted in Philanthropy that “in important ways, the Corporation’s work has departed from its founder’s vision. Although it remains riveted on curing social and political inequalities, it has come to regard them less as the unfortunate by-product of an otherwise successful and worthy economic system and more as symptoms of fundamental flaws that require substantial changes to the system itself.”22

    The Economist noted that both IBM and the Carnegie Corporation had both been created in 1911. The magazine had concluded that IBM had done more good since 1961 because it continued to grow, while the Carnegie Corporation stagnated. IBM had sales of $200 billion and employed 427,000 people, while Carnegie barely made the list of America’s 20 largest foundations.

    One reason why Carnegie was far smaller than IBM, The Economist noted, “may be that 100 years is too old for a philanthropic foundation. The absence of an existential threat have made it too comfortable…It is not clear what, if anything, keeps the people in charge of the Carnegie Corporation awake at night. The passage of time saps a foundation of the unique energy of its founder.”

    “No wonder,” the magazine concluded, “many of today’s philanthropists aim, as Carnegie did, to give away all of their money by the time they die, or at least put a time limit on the lifespan of their foundation after their death.”23

    Activities

    Voter Registration

    In late 2000, the Carnegie Corporation invited left-leaning groups to a meeting in order to discuss coordinated voter registration efforts with funding from major liberal donors. Because the IRS prohibits 501(c)(3) nonprofits from engaging in partisan voter drives, the targeted demographics were referred to as “historically disenfranchised” communities. According to liberal journalist Sasha Issenberg in his 2012 book The Victory Lab: The Secret Science of Winning Campaigns, “Major liberal donors got into the GOTV [get-out-the-vote] game: Project Vote organized urban areas, Rock the Vote targeted the young, the NAACP National Voter Fund focused on African-Americans.” 24

    Democracy

    In January 2024, the Carnegie Corporation listed a series of grants to be sent out for several organizations intended to, “fortify our democracy by strengthening forces of social cohesion and reducing political polarization in American society.” 1 They include several left-of-center advocacy groups and funding collaboratives including the Andrew Carnegie Fellows Program and Press Forward. According to Inside Philanthropy, another recipient, Trust for Civic Life, is a grantmaking collaborative that has received funding from several left-of-center organizations including the Omidyar Network, the Rockefeller Brothers Fund and the David and Lucile Packard Foundation. 25 1

    During an interview with Inside Philanthropy in July 2024, Geri Mannion, the managing director of the Carnegie Corporation’s “Strengthening U.S. Democracy” program, mentioned several organizations that had received grants from the Corporation related to protecting voting rights, in particular those “ensuring election integrity” before the 2024 presidential elections. Several groups include United to Protect Democracy, the Campaign Legal Center, the Trusted Elections Fund, the State Infrastructure Fund (SIF), and the Brennan Center for Justice. 1

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $4,536,407,530 $330,095,125 $239,728,496 View
    2023 $4,098,600,165 $548,723,411 $221,107,939 View
    2022 $4,065,280,317 $553,681,783 $225,206,147 View
    2021 $4,684,968,837 $324,137,499 $176,119,664 View
    2020 $3,564,024,289 $254,090,060 $205,751,488 View

    Prior year filings: 2019, 2015, 2014, 2013, 2012, 2011

    Expenses Detail

    Employee Compensation

    Highest Earning Employees

    EmployeeTitleTotal Compensation
    Jon-Michael ConsalvoChief Investment Officer$1,152,500
    Louise RichardsonPresident$1,000,000
    Preet ChawlaSrDir Investments$635,549
    Zachary MeesSrDir Investments$629,465
    Bradley KaySrDir Inv Analytics$591,465
    Cecelia ChenDirector Investments$497,178
    Deana ArsenianVP, International Program, and Program Director, Russia & Eurasia$449,000
    LaVerne SrinivasanVP, National Program and Program Director, Education$449,000
    William MoonVP, Chief Financial Officer$446,000
    Hilary WeisnerDir, Arab Region$405,162
    Nicole Howe-BuggsChief Adminstrative Officer & Corporate Secretary$354,527
    Mark BaumgartnerChief Investment Officer$16,458
    Jean-Marie GuhennoTrustee$12,300
    Leymah Roberta GboweeTrustee$10,500
    Michael IgnatieffTrustee$8,625
    Astrid TuminezTrustee$6,150
    Pedro AspeTrustee$4,350

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $19,275,087
    • Number of Grants: 27
    • Number of Funders: 4

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $1,013,4482024 Carnegie Corporation of New YorkFor the dissemination of the Corporation's work
    $689,6462024 Carnegie Corporation of New YorkMatching Gift Program
    $384,0002024 Carnegie Corporation of New YorkFor Corporation-wide nonprofit memberships in fiscal year 2024

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $2,643,395,130
    • Number of Grants: 7,497
    • Number of Recipients: 2,236

    Selection of highest value grants given from the last seven years:

    AmountYearFunderSubject
    $5,000,0002023 The Miami FoundationFor core support of Press Forward, a national journalism initiative aimed at improving local news coverage
    $5,000,0002022 The New York Public Library Astor Lenox and Tilden Foundations
    $4,200,0002023 SOCIAL SCIENCE RESEARCH COUNCILFor support of the African Peacebuilding Network and Next Generation Social Sciences in Africa Program
    $4,000,0002020 NEO PhilanthropyFor core support of the Four Freedoms Fund, a donor collaborative on immigrant civic integration at the state level
    $3,652,0002021 SOCIAL SCIENCE RESEARCH COUNCILFor support of the African Peacebuilding Network and Next Generation Social Sciences in Africa program
    $3,500,0002020 New ProfitFor incubating and building capacity of organizations to inform policy and practice
    $3,400,0002021 NEO PhilanthropyFor core support of the Four Freedoms Fund, a donor collaborative on immigrant civic integration at the state level
    $3,200,0002022 NEO Philanthropy
    $3,033,3002024 NEO PhilanthropyFor core support of Four Freedoms Fund, a donor collaborative on immigrant civic integration at the state level
    $3,000,0002023 African Institute for Mathematical Sciences – Next Einstein Initiative FounFor an African research chair program in data science and its applications
    $3,000,0002023 Amalgamated Charitable Foundation IncFor core support of BuildUS, a collaborative fund aimed at ensuring federal funds are invested in local communities
    $3,000,0002023 Immigrant Legal Resource CenterFor core support of the New Americans Campaign
    $3,000,0002023 NATIONAL CENTER FOR CIVIC INNOVATION INCFor core support for OpenSciEd
    $3,000,0002023 NEO PhilanthropyFor core support of Four Freedoms Fund, a donor collaborative on immigrant civic integration at the state level
    $3,000,0002023 NEO PhilanthropyFor core support of the State Infrastructure Fund, a donor collaborative focused on nonpartisan voter engagement
    $3,000,0002022 NATIONAL CENTER FOR CIVIC INNOVATION INC
    $3,000,0002022 The Charter Fund
    $2,750,0002022 University of Cape Town
    $2,600,0002021 INSTITUTE OF INTERNATIONAL EDUCATION INCFor the Carnegie African Diaspora Fellowship Program
    $2,600,0002020 University of Cape TownFor Developing Emerging Academic Leaders (DEAL) and the Institute for Humanities in Africa (HUMA)
    $2,500,0002021 NATIONAL CENTER FOR CIVIC INNOVATION INCFor a project to expand the OpenSciEd science curriculum into elementary and high school
    $2,500,0002021 New Schools FundFor support of the Innovative Schools, Learning Solutions, Diverse Leaders, and Racial Equity investment areas
    $2,500,0002020 Carnegie Endowment for International PeaceFor general support
    $2,300,0002023 University of the WitwatersrandFor advancing university transformation through strengthening the early- and mid-career academic pipeline
    $2,250,0002024 NATIONAL CENTER FOR CIVIC INNOVATION INCFor core support of OpenSciEd

    References

    1. Scutari, Mike. ““The Election Isn’t the End Point.” A Deep Dive into the Carnegie Corporation’s Democracy Giving.” Inside Philanthropy, July 15, 2024. https://www.insidephilanthropy.com/home/2024/7/15/the-election-isnt-the-end-point-a-deep-dive-into-the-carnegie-corporations-democracy-giving
    2. For a history of the Carnegie Hero Fund, see Martin Morse Wooster,  “Ordinary People, Extraordinary Rescues,” The American Enterprise, November 2000.
    3. Joseph Frazier Wall, Andrew Carnegie (Pittsburgh:  University of Pittsburgh Press, 1989), 881.
    4. Robert M. Lester, Forty Years of Carnegie Giving (New York:  Scribner’s, 1941), 166.
    5. Burton J. Hendrick, The Life of Andrew Carnegie, Volume II (New York: Harper, 1932), 351.
    6. Theodore Jones, Carnegie Libraries Across AmericaA Public Legacy (New York:  Preservation Press/Wiley, 1997), 101.
    7. Schambra, William A. “Philanthropy’s Original Sin.” Hudson Institute. October 1, 2013. https://www.hudson.org/research/9747-philanthropy-s-original-sin.
    8. Schambra, William A. “How the Carnegie Corporation contributed to NC’s shameful past.” Philanthropy Daily. September 19, 2011. https://www.philanthropydaily.com/how-the-carnegie-corporation-contributed-to-ncs-shameful-past/.
    9. Krisch, Joshua A. “When Racism Was a Science.” The New York Times. October 13, 2014. https://www.nytimes.com/2014/10/14/science/haunted-files-the-eugenics-record-office-recreates-a-dark-time-in-a-laboratorys-past.html.
    10. Martin Morse Wooster, The Great Philanthropists and the Problem of ‘Donor Intent,’ third edition (Washington, D.C.:  Capital Research Center, 2007). 54.
    11. Waldemar Nielsen, The Golden Donors:  A New Anatomy of the Great Foundations (New York:  Dutton, 1985), 134.
    12. Carnegie Commission on Educational Television, Public TelevisionA Program for Action (New York: Harper and Row, 1967), 36.  The report capitalizes “Public Television” in the text.  It is unclear who wrote this report.
    13. For a discussion of the Carnegie Corporation and public television, see Martin Morse Wooster, Great Philanthropic Mistakes (Washington, D.C.:  Hudson Institute, 2010), 125-143.
    14. Paul Desruisseaux, “What Would Andrew Carnegie Think About How His Money Would Be Used Today?” Chronicle of Higher Education, August 7, 1985.
    15. For a discussion of Gregorian’s role in the Annenberg Challenge, see Martin Morse Wooster, Great Philanthropic Mistakes, 187-202.
    16. Kirk MacDonald, “The Carnegie Corporation of New York:  From Building Libraries to Undermining American Society,” Foundation Watch, May 2013 https://capitalresearch.org/article/the-carnegie-corporation-of-new-york-from-building-libraries-to-undermining-american-society/
    17. Celeste Ford, “Announcing the 2017 Carnegie Medal of Philanthropy Recipients,” press release from the Carnegie Corporation, June 22, 2017. https://carnegie.org/news/articles/announcing-the-2017-carnegie-medal-of-philanthropy-recipients/ The Carnegie Medal of Philanthropy website is https://www.medalofphilanthropy.org;
    18. “Andrew Carnegie Medals for Fiction and Nonfiction,” undated press release issued by the American Library Association http://www.ala.com/awardsgrants/carnegieadult
    19. Celeste Ford, “Andrew Carnegie Fellows Program Recognizes 35 Scholars,” press release issued by Carnegie Corporation April 26, 2017. https://www.carnegie.org/news/articles/andrew-carnegie-fellows-program-awards-research-fellowships-35-scholars-important-research-social-sciences-and-humanities/
    20. Celeste Ford, “Academic Leadership Award Recognizes Seven University Presidents,” Carnegie Corporation press release issued September 12, 2017. http://www.carnegie.org/seven-higher-education-visionaires-recognized-2017-academic-leadership-award/
    22. Leslie Lenkowsky, “The Carnegie Corporation at 100,” Philanthropy, Winter 2011.  http://www.philanthropyroundtable.org/topic/donor_intent/the-carnegie-corporation-turns-100/
    23. “The Centenarians Square Up,” The Economist, June 9, 2011 http://www.economist.com/node/18802844
    24. Sasha Issenberg. The Victory Lab: The Secret Science of Winning Campaigns2012. Pp. 85-86.
    25. “New Support for State and National Service from Carnegie Corporation of New York.” Carnegie Corporation of New York, January 8, 2024. https://www.carnegie.org/news/articles/new-support-state-and-national-service-carnegie-corporation-new-york/