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Home > Company Index > Diversified Services > Foundations & Cultural Institutions > Carnegie Corporation of New York

Carnegie Corporation of New York
 PROFILE
The Carnegie Corporation of New York believes sharing dollars makes sense. Created in 1911 by Andrew Carnegie (who wrote in his 1889 manifesto "The Gospel of Wealth" that the rich should share their good fortune), the foundation awards some $75 million in grants annually. It focuses on four areas -- education, international peace and security, international development, and special projects. Grant recipients include the National Head Start Association, the Global Fund for Women, and the Africa Fund. Carnegie's will mandates that grants benefit the US, but about 7% of funds can be used to benefit current and former members of the British Commonwealth. The Carnegie Corporation has a $1.9 billion capital fund.

 FINANCIAL OVERVIEW
Fiscal Year-End: September
1999 Sales (mil.): 179.80
1-Yr. Sales Growth: (5.4)%
Employees: 68
Revenue per employee: $2,644,117.65

 KEY PEOPLE
• Vartan Gregorian
    CEO
• Robert J. Seman
    CFO

 CONTACT INFO
437 Madison Ave.
New York, NY 10022
US
Phone: 212-371-3200
Fax: 212-754-4073
Online: Web Site

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