Carnegie Corporation of New York
ANNUAL REPORT 2008
Carnegie Corporation of New York
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 Common- wealth, with a current emphasis on sub-Saharan 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.”
© 2009 Carnegie Corporation of New York
Contents
REPORT ON PROGRAM 5 Grants and Dissemination Awards International Program National Program External Affairs 21st Century Fund/Hurricane Katrina Relief Special Opportunities Fund Special Initiatives Leadership Initiative Anonymous $30 Million in Grants to Cultural and Social Service Institutions in New York City* REPORT ON FINANCES 47 Financial Highlights REPORT ON ADMINISTRATION 61 Fiscal 2008: The Year in Review REPORT ON INVESTMENTS 66 Annual Report—Fiscal 2008 TRUSTEES 71
STAFF 75 ANNUAL REPORT 2008 5
Report on Program
GRANTS AND DISSEMINATION AWARDS International Program
National Program
External Affairs
21st Century Fund/Hurricane Katrina Relief
Special Opportunities Fund
Special Initiatives
Leadership Initiative
Anonymous $30 Million in Grants to Cultural and Social Service Institutions in New York City International Program
Focusing on the growth of globalization, the deepening fragmentation along cultural, regional and religious divides and the role of developing countries in advancing global cohesion and prosperity, the International Program responds to those underlying issues of peace and development determined to be particularly critical now.
Carnegie Corporation of New York, Higher Education Africa NEW YORK, NY and Eurasia For technical assistance and evaluation services for African universities. Months, ,. American Council for International Education, Inc., WASHINGTON, DC Council for Advancement and Support of For a center for advanced study and education Education, WASHINGTON, DC 6 in Belarus. Months, ,. For improving educational advancement capacity at selected African universities. American Council of Learned Societies, Months, ,. NEW YORK, NY
Final grant for fellowships in the humanities Eurasia Foundation, Inc., WASHINGTON, DC for scholars in the former Soviet Union. Months, ,,. Toward interdisciplinary research and training centers in the Caucasus. Months, ,,. American Council of Learned Societies, NEW YORK, NY
Institute for Advanced Study, PRINCETON, NJ For fellowships in the humanities in Africa. Months, ,,. Toward the Regional Initiative in Science and Education supporting development of science professionals in Sub-Saharan Africa. American Society for Cell Biology, Months, ,,. BETHESDA, MD
Toward research training for young scientists Institute for Advanced Study, PRINCETON, NJ in Africa. Months, ,. For the Regional Initiative in Science and Education supporting development of science Association of Commonwealth Universities, professionals in Sub-Saharan Africa. LONDON, UNITED KINGDOM Months, ,,. For strengthening research management capacity in selected African universities, in collaboration with Society Research Administrators International. Months, ,. International Research and Exchanges University of Michigan, ANN ARBOR, MI Board, Inc., WASHINGTON, DC As a final grant for a joint project with For improving university administration in the European University in St. Petersburg Russia and other post-Soviet states. to foster the development of the social Months, ,. sciences in Russia’s regional universities. Months, ,.
National Security Archive Fund, Inc., WASHINGTON, DC University of the Witwatersrand, JOHANNESBURG, SOUTH AFRICA For support of the Eurasia Initiative. Months, ,. Final grant toward a project to train and retain the next generation of academics. Months, ,,. New York University, NEW YORK, NY
Toward a position at the Steinhardt School South African Institute of Distance of Education to coordinate the work of the Education, BRAAMFONTEIN, SOUTH AFRICA foundation partnership to strengthen African universities. Months, ,. Toward an African university e-learning 7 initiative. Months, ,,.
Nigeria ICT Forum of Partnership Institutions, ABUJA, NIGERIA
Toward a satellite bandwidth purchasing Libraries and Information consortium serving African education and research institutions. Months, ,,. American Library Association, WASHINGTON, DC
University of Cape Town, RONDEBOSCH, Toward strengthening public outreach of SOUTH AFRICA libraries. Months, ,.
Toward institutional transformation and an employment equity program. City of Cape Town, CAPE TOWN, SOUTH AFRICA Months, ,,. As a final grant for the creation of a model reference library in Cape Town. University of Ghana, LEGON, ACCRA, GHANA Months, ,,.
A one-time grant for engagement of an expert to improve the University’s semester and National Research Foundation, course credit system. Months, ,. PRETORIA, SOUTH AFRICA
Toward a digitization and data preservation University of KwaZulu-Natal, center. Months, ,. SCOTTSVILLE, SOUTH AFRICA
Final grant toward a leadership and equity Sabinet Gateway, CENTURION, SOUTH AFRICA advancement program. Months, ,,. Toward the retrospective digitization of African journals. Months, ,,. The New School, NEW YORK, NY Social Science Research Council, NEW YORK, NY Toward the Journal Donation Project. Months, ,. For networking and evaluation of a Corporation-supported small grants program in support of Title VI National Resource University of Illinois at Urbana— Centers outreach. Months, ,. Champaign, CHAMPAIGN, IL
As a final grant for strategic planning and University of Chicago, CHICAGO, IL automation of African grantee university libraries. Months, ,. For data collection, publications and outreach on terrorism and counter-terrorism strategies. Months, ,. University of Pretoria, PRETORIA, SOUTH AFRICA
For promoting leadership skills for model libraries in Africa. Months, ,,. Nuclear Security
8 Center for Policy Studies in Russia, Islam Initiative MONTEREY, CA
Toward a training program on nonprolifera- American Council on Education, tion for young specialists. Months, ,. WASHINGTON, DC
One time grant for events marking the Center for Strategic and International th anniversary of Title VI-supported Studies, Inc., WASHINGTON, DC international education. Months, ,. Toward study group meetings on countering the proliferation of weapons of mass destruc- The Aspen Institute, Inc., WASHINGTON, DC tion in the Asia Pacific. Months, ,. For the international activities of the Congressional Program. Months, ,. Global Security Institute, BALA CYNWYD, PA
Toward forums to promote nuclear nonprolif- Educational Broadcasting Corporation, eration and disarmament. Months, ,. NEW YORK, NY
Toward a broadcast series on the diversity of Institute for Foreign Policy Analysis, Inc., Islam. Months, ,,. CAMBRIDGE, MA
Toward research and dialogue on building Harvard University, CAMBRIDGE, MA capacity for a nuclear-free Korean peninsula. For policy-relevant analysis of political, Months, ,. social, and religious change in Eurasia. Months, ,. Institute for Science and International Security, WASHINGTON, DC States At Risk
For expanding public education and outreach on Iran’s nuclear activities. Center for Global Development, W , DC Months, ,. ASHINGTON
Toward research on transnational threats International Institute for Strategic posed by states at risk. Months, ,. Studies, LONDON, UNITED KINGDOM
Toward a multilateral dialogue on Iran’s Center for Strategic and International WASHINGTON, DC nuclear program. Months, ,. Studies, Inc.,
Toward a project on reforming U.S. and inter- Massachusetts Institute of Technology, national post-conflict reconstruction efforts. CAMBRIDGE, MA Months, ,.
Toward support of the Security Studies
Program. Months, ,. Council on Foreign Relations, Inc., NEW YORK, NY 9 National Academy of Sciences, Toward support on New Preventive Priorities WASHINGTON, DC at the Center for Preventive Action. Months, ,. Toward redirecting North Korean nuclear expertise. Months, ,. Future Generations, FRANKLIN, WV
National Committee on American Foreign Toward research and policy development on Policy, NEW YORK, NY the role of community participation in states at risk. Months, ,. Toward a multilateral dialogue on North Korea. Months, ,. Henry L. Stimson Center, WASHINGTON, DC
Nuclear Threat Initiative Inc., Toward a project on enhancing public security WASHINGTON, DC and the rule of law in post-conflict states at risk. Months, ,. Toward support. Months, ,.
Institute for State Effectiveness,
Nuclear Threat Initiative Inc., WASHINGTON, DC WASHINGTON, DC Toward the creation of handbooks for Toward support. Months, ,,. support of specific functions of states at risk. Months, ,.
US Pugwash, WASHINGTON, DC
NEW YORK, NY Toward multilateral dialogue on security International Crisis Group, issues in the Greater Middle East. Toward research, analysis, dialogue and Months, ,. dissemination on preventing state collapse. Months, ,. International Peace Academy, Inc., NEW YORK, NY U.S. Global Engagement
Toward a project to assist the development of
the United Nation’s Peacebuilding Commission. American Academy of Arts and Sciences, C , MA Months, ,. AMBRIDGE
One-time funding for a project to enhance
New York University, NEW YORK, NY U.S. policy toward Russia. Months, ,.
Toward a project on enhancing governmental WASHINGTON, DC and intergovernmental capacity to support The Brookings Institution, state-building. Months, ,. Toward the Foreign Policy Studies program. Months, ,.
New York University, NEW YORK, NY P , RI Toward research, analysis, dialogue and Brown University, ROVIDENCE dissemination on the impact of international Toward a project to promote a new global institutions on regimes and institutions in security agenda. Months, ,. 10 states at risk. Months, ,. Carnegie Endowment for International Princeton University, PRINCETON, NJ Peace, WASHINGTON, DC Toward an analysis of post-conflict Toward the China Program. Afghanistan and its future. Months, ,,. Months, ,.
Columbia University, NEW YORK, NY RAND Corporation, SANTA MONICA, CA Toward the Gulf project. For research and policy outreach on national Months, ,. and international decision-making structures addressing states at risk. Months, ,. Duke University, DURHAM, NC
University of Denver, DENVER, CO Toward a joint project, with the University of California, Berkeley, on global strategic chal- For a research partnership on postwar lenges and foreign policy. Months, ,. state-building. Months, ,.
Financial Services Volunteer Corps, Inc., NEW YORK, NY
Toward a project on relations among the United States, Russia and China. Months, ,.
Harvard University, CAMBRIDGE, MA
Toward research and writing on international security. Months, ,. Harvard University, CAMBRIDGE, MA Stanford University, STANFORD, CA
Toward the executive training programs Toward research and training in interna- for military officers and policymakers from tional security. Months, ,. Eurasia. Months, ,,.
Massachusetts Institute of Technology, Discretionary CAMBRIDGE, MA
Toward an oral history project on U.S. and Association of African Universities, Iran relations. Months, ,. ACCRA-NORTH, GHANA
month grant of , Toward participation National Academy of Sciences, in an academic management training workshop WASHINGTON, DC
Toward expanded engagement between leaders Association of Commonwealth Universities, and institutions in the United States and Iran LONDON, UNITED KINGDOM in science, engineering and medicine. month grant of , Toward African par- Months, , ticipation in conferences for vice-chancellors 11 and public affairs officers National Bureau of Asian Research, SEATTLE, WA Carnegie Council for Ethics in One-time funding Toward the program activi- International Affairs, NEW YORK, NY ties of a chair in national security studies. month grant of , As a final grant Months, ,. toward a seminar series on foreign policy
Philharmonic-Symphony Society of Carnegie Endowment for International New York Inc., NEW YORK, NY Peace, WASHINGTON, DC Toward expenses related to the New York month grant of , Toward a conference Philharmonic’s visit to North Korea. on U.S.-Russia security policy Months, ,.
Carnegie Endowment for International The Richard Nixon Library and Birthplace Peace, WASHINGTON, DC Foundation, YORBA LINDA, CA month grant of , Toward a Moscow- Toward research, outreach and international based working group on U.S.-Russian relations engagement on the competing interests of the United States and Asia in the greater Middle East. Months, ,. Catalytic Diplomacy, Inc., CHEVY CHASE, MD
month grant of , For Track II Stanford University, STANFORD, CA diplomacy in Northeast Asia
Toward research and writing on international security. Months, ,. Center for Strategic and International Global Metro City—The Glocal Forum, Studies, Inc., WASHINGTON, DC ROME, ITALY
month grant of , For a working group month grant of , Toward interfaith on economic change in Russia and implications capacity building and networking in municipal for U.S. foreign policy environments
Center for the Study of the Presidency, Harvard University, CAMBRIDGE, MA WASHINGTON, DC month grant of , Toward a meeting of month grant of , Toward a study on retired U.S. and Chinese military officials national security reform
Human Sciences Research Council, Columbia University, NEW YORK, NY PRETORIA, SOUTH AFRICA
month grant of , Toward the Center month grant of , For attendance of for the Study of Democracy, Toleration, and African scholars at a November symposium 12 Religion on social sciences and humanities Council on Foreign Relations, Inc., Institute for Advanced Study, PRINCETON, NJ NEW YORK, NY month grant of , Toward a month grant of , Toward an indepen- workshop on Islamic influence on Western dent task force on U.S. nuclear weapons policy Enlightenment philosophies
Food and Agriculture Organization of the Interfaith Youth Core, CHICAGO, IL United Nations, ROME, ITALY month grant of , Toward promoting month grant of , Toward a project to religious tolerance on college campuses enhance the quality of education in the life sciences in universities in developing countries National Defense University Foundation, Inc., WASHINGTON, DC Geneva Centre for Security Policy, month grant of , For a Washington, GENEVA, SWITZERLAND D.C.-based working group on U.S.-Russian month grant of , Toward a meeting on relations global security concerns
Network /, Inc., NEW YORK, NY George Washington University, month grant of , Toward a project to WASHINGTON, DC inform American policymakers and the public month grant of , For a conference on about key developments in Pakistan the impact of Russia’s upcoming elections on U.S.-Russia relations New York University, NEW YORK, NY University of Georgia, ATHENS, GA
month grant of , Toward a project on month grant of , Toward commemo- multilateral verification of the suspension of rating the contributions of the Center for formerly covert nuclear weapons programs International Trade and Security to nuclear nonproliferation
Salzburg Global Seminar, MIDDLEBURY, VT University of Oxford, OXFORD, UNITED KINGDOM month grant of , Toward a conference on new strategies on U.S. global engagement month grant of , Toward a research program on exit strategies and peace consolidation Social Science Research Council, NEW YORK, NY Urban Libraries Council, CHICAGO, IL month grant of , Toward a series of workshops on the uses of social sciences month grant of , Toward a project to expertise in policymaking sponsor library participants from Africa to join the European Library Study Tour
South African Institute for Advancement, 13 WOODSTOCK, CAPE TOWN, SOUTH AFRICA Washington Cathedral, WASHINGTON, DC
month grant of , Toward planning a month grant of , For a meeting to research project on African higher education facilitate inter-religious understanding and advancement and development reconciliation
Stanford University, STANFORD, CA Women Make Movies Inc., NEW YORK, NY
month grant of , For support of an month grant of , Toward a documen- e-learning mobile technology workshop tary on education in South Africa
Tufts University, MEDFORD, MA Woodrow Wilson International Center for Scholars, WASHINGTON, DC month grant of , Toward a conference on the future of policy planning in interna- month grant of , Toward support tional relations
University of California, Irvine, IRVINE, CA
month grant of , For a project on international sanctions and nuclear proliferation
University of Chicago, CHICAGO, IL
month grant of , Toward its program on international security policy National Program
Recognizing that America has entered a period of extreme social change, the National Program aims to build better pathways to democracy by means of: increased educational opportunity to prepare students of all backgrounds for economic self-sufficiency; improved institutions of learning that keep pace with labor market shifts; increased civic participation and immigrant integration.
Focus Project, Inc., WASHINGTON, DC Cross-Cutting Toward promoting transparency in government. Months, ,. Be The Change, Inc., CAMBRIDGE, MA
Toward a summit exploring policy and civic International Institute for Educational engagement challenges of the st century. Planning, PARIS, FRANCE 14 Months, ,. Toward membership support for the Association for the Development of Education WASHINGTON, DC Center for Public Integrity, in Africa (ADEA). Months, ,.
Final grant toward support of its domestic
program. Months, ,. Public Interest Projects, NEW YORK, NY
Toward a funder collaborative promoting an Citizens for Responsibility and Ethics in examination of affirmative action policies. W , DC Washington Inc., ASHINGTON Months, ,.
Toward support. Months, ,.
Public Interest Projects, NEW YORK, NY
ARLINGTON, VA Council on Foundations, Inc., As a final grant toward support of the Funders’ Committee for Civic Participation. Toward and membership support. Months, ,. Months, ,.
Sutton Trust, LONDON, UNITED KINGDOM Editorial Projects In Education, Inc., B , MD ETHESDA Toward a summit on social mobility. Months, ,. Toward coverage of district-level reform. Months, ,.
Education Writers Association, WASHINGTON, DC
Toward informing and training reporters to promote coverage of urban district reform. Months, ,. Police Executive Research Forum, Democracy and Immigrant WASHINGTON, DC Civic Integration For case studies, public education, and outreach about the impact of immigrant policy on law enforcement at the local level. American Civil Liberties Union Months, ,. Foundation, Inc., NEW YORK, NY
Toward support of its immigrants’ rights Public Agenda Foundation, Inc., project. Months, ,. NEW YORK, NY
For public opinion research and dissemination American Immigration Law Foundation, on immigrant attitudes toward civic participa- WASHINGTON, DC tion. Months, ,. Toward support of its immigration policy center. Months, ,. Public Interest Projects, NEW YORK, NY
Toward a funder collaborative on immigrant American Society for Muslim Advancement, civic integration. Months, ,,. NEW YORK, NY 15
Toward capacity building and media outreach Public Interest Projects, NEW YORK, NY and trainings. Months, ,. Toward establishment of America’s Voice Education Fund. Months, ,,. Arab Community Center for Economic and Social Services, DEARBORN, MI Puerto Rican Legal Defense and Toward support of the National Network Education Fund, Inc., NEW YORK, NY for Arab American Communities. Months, ,. Toward promoting immigrant legal rights at the local level. Months, ,.
Center for Applied Linguistics, WASHINGTON, DC Reform Institute Inc., ALEXANDRIA, VA
For exemplary programs for newcomer English- Toward its immigration reform program. language learners at the secondary level. Months, ,. Months, ,.
Taxpayers for Common Sense, WASHINGTON, DC City College of New York, NEW YORK, NY Toward its border management project. Toward support of the Colin Powell Center Months, ,. for Policy Studies. Months, ,.
Tides Center, SAN FRANCISCO, CA Fiscal Policy Institute Inc., ALBANY, NY Toward an immigrant civic integration Toward research on the impact of immigrants initiative. Months, ,. on the New York economy. Months, ,. United States Hispanic Leadership University of Wisconsin, Madison, Institute, Inc., CHICAGO, IL MADISON, WI
Toward support. Months, ,. Toward a project on the formative assessment of academic language and literacy for English language learners in secondary schools. The Urban Institute, WASHINGTON, DC Months, ,,. Toward documenting and analyzing the impact of worksite and other immigration enforcement operations on children. Months, ,. Urban Education/Higher Education Western States Center, Inc., PORTLAND, OR Academy for Educational Toward building civic capacity among new Development, Inc., WASHINGTON, DC immigrant communities in the Northwest region. Months, ,. For technical assistance associated with the “Teachers for a New Era” initiative. 16 Months, ,,. Democracy and Urban B , NY Education Achievement First, ROOKLYN For the expansion of the Interim Assessment Platform and capturing of best practices to Carnegie Corporation of New York, improve instructional practice and student NEW YORK, NY achievement. Months, ,,. For support of the Carnegie Advisory Council on Advancing Adolescent Literacy. American Museum of Natural History, Months, ,. NEW YORK, NY
For the development and piloting of a new Greater Washington Educational partnership design to merge the assets of sci- Telecommunications Association, Inc., ence institutions and urban schools to improve ARLINGTON, VA student achievement. Months, ,,. Toward a comprehensive adolescent literacy website. Months, ,. America’s Promise: The Alliance For Youth, ALEXANDRIA, VA University of California, Los Angeles, Toward support for a dropout prevention LOS ANGELES, CA campaign. Months, ,. Toward preparing secondary immigrant English learners for high school graduation The Aspen Institute, Inc., WASHINGTON, DC and college. Months, ,. Toward the Congressional Program on Education. Months, ,. The Aspen Institute, Inc., WASHINGTON, DC District of Columbia College Access Program, WASHINGTON, DC Toward a nonpartisan commission on the Elementary and Secondary Education Act, Toward increasing its college scholarship called No Child Left Behind. funds for students in the DC area. Months, ,. Months, ,,.
Association of American Colleges and Educational Policy Improvement Center, Universities, WASHINGTON, DC EUGENE, OR
Toward a project to re-design general educa- For a college-readiness diagnostic assessment tion in public higher education systems. system. Months, ,,. Months, ,.
Education Sector Inc., WASHINGTON, DC Bay Area Coalition for Equitable Schools, Toward support. Months, ,. OAKLAND, CA
Toward the creation of a data-based James B. Hunt, Jr. Institute for Educational professional development network. Leadership and Policy Foundation, Inc., 17 Months, ,,. CHAPEL HILL, NC
Toward activities to promote common Brandeis University, WALTHAM, MA education standards. Months, , Toward a program to recruit, train and mentor urban students studying science in MDRC, NEW YORK, NY college. Months, ,. For dissemination of education research. Months, ,. Carnegie Foundation for the Advancement of Teaching, STANFORD, CA National Articulation and Transfer Toward a study on the integration of liberal Network, WASHINGTON, DC arts education into business and other profes- sional education. Months, ,. Toward capacity building. Months, ,.
Center on Education Policy, WASHINGTON, DC National Governors’ Association Center for Best Practices, WASHINGTON, DC Toward monitoring the implementation of the No Child Left Behind Act at the state and Toward supporting states in developing district level. Months, ,. policy and strategies for innovative teacher compensation models to increase teacher effectiveness and student outcomes. Commonwealth Corporation, Months, ,. NORTHAMPTON, MA
Toward improved data management and assess- ment systems, principal leadership development and expansion of the Diploma Plus network. Months, ,,. New Leaders, NEW YORK, NY University of Wisconsin, Madison, MADISON, WI Toward a reform strategy to increase principal effectiveness and student For accelerating strategic management of achievement in urban secondary schools. human capital in urban districts nationally Months, ,,. for improved student achievement. Months, ,,.
Renaissance Schools Fund, CHICAGO, IL
For capacity building for the network of new small high schools with promising models in Higher Education/Teacher Chicago. Months, ,. Education
Strategic Education Research Partnership New Teacher Project, Inc., BROOKLYN, NY Institute, WASHINGTON, DC Toward support. Months, ,,. For building SERP’s research and development capacity in urban districts. University of California, Santa Cruz, Months, ,,. 18 SANTA CRUZ, CA
For developing an observational protocol Teach For America, Inc., NEW YORK, NY to measure teacher effectiveness. Toward expanding a pilot implementation of Months, ,. interim assessments to drive student achieve- ment, teacher accountability, and program improvement. Months, ,,. Voting Reform and Education
Uncommon Schools, NEW YORK, NY Advancement Project, WASHINGTON, DC Toward identifying, recording and As a final grant toward its election implementing instructional best practices administration and voting rights program. to improve student achievement and school Months, ,. system performance. Months, ,.
Center for Civic Policy, ALBUQUERQUE, NM University of Montana Foundation, MISSOULA, MT Toward evaluating state civic integration mod- els to improve nonpartisan voter engagement. For development of an evidence-based teacher Months, ,. training program. Months, ,.
Center for Community Change, University of Texas at Austin, AUSTIN, TX WASHINGTON, DC Toward development and expansion of math Toward its community voting project. networks and adolescent literacy networks. Months, ,. Months, ,,. Center for Governmental Studies, Inc., LOS ANGELES, CA Carnegie Scholars Program
Final grant toward support of its California Governance Reform Project. A program for U.S. scholars to study Months, ,. Islam in the world.
Hussein Agrama Center for National Independence UNIVERSITY OF CHICAGO in Politics (Project Vote Smart), PHILIPSBURG, MT month grant of , for a research project titled “State Power and Islamic Toward a nonpartisan voter education Authority: A Comparative Ethnography of outreach campaign related to elections. the Fatwa” Months, ,.
Hisham Aidi
Common Cause Education Fund, COLUMBIA UNIVERSITY WASHINGTON, DC month grant of , for a research As a final grant toward support. project titled, “Identity, Inclusion and 19 Months, ,. Muslim Youth”
League of Women Voters Education Fund, Anna Bigelow WASHINGTON, DC NORTH CAROLINA STATE UNIVERSITY
Toward a nonpartisan web site that provides month grant of , for a research comprehensive information on elections and project titled, “Holy Ground: Strategies of the voting process. Months, ,. Sharing Islamic Sacred Spaces”
Northeast Action, Inc., BOSTON, MA Laurie A. Brand UNIVERSITY OF SOUTHERN CALIFORNIA As a final grant toward support. Months, ,. month grant of , for a research project titled “Islam vs. Nationalism in Arab
Rock The Vote, WASHINGTON, DC State Post-Independence Narratives”
Toward support. Months, ,. Kanchan Chandra NEW YORK UNIVERSITY William J. Brennan, Jr., Center for Justice, Inc., NEW YORK, NY month grant of , for a research project titled, “Islam and Democracy: Toward support of its democracy program. The Effect of Institutions” Months, ,. Nora Ann Colton Miriam R. Lowi DREW UNIVERSITY THE COLLEGE OF NEW JERSEY
month grant of , for a research month grant of , for a research project titled, “The Migration of Islamist project titled, “Islam and Oil: The Economy Militancy to Urban Poverty Belts” of Meaning”
Edward E. Curtis, IV Susan Moeller INDIANA UNIVERSITY-PURDUE UNIVERSITY UNIVERSITY OF MARYLAND
month grant of , for a research month grant of , for a research project titled, “The Transnational History project titled, “Framing Islam: How Media of African American Islam” Cover Muslims & Terrorism—and Why That Matters”
Leila Fawaz TUFTS UNIVERSITY Tahera Qutbuddin UNIVERSITY OF CHICAGO month grant of , for a research 20 project titled, “The Experience of War: month grant of , for a research Muslims in the Middle East and South Asia, project titled, “Classical Arabic Oratory: -” The Politics and Rhetoric of Public Address in the Islamic World”
Michael Gasper YALE UNIVERSITY Sadiq Reza NEW YORK LAW SCHOOL month grant of , for a research project titled “Re-Thinking Secularism month grant of , for a research and Sectarianism in the Lebanese Civil War project titled “Due Process in Islamic (-)” Criminal Law”
Susannah Heschel Amr Shalakany DARTMOUTH COLLEGE THE AMERICAN UNIVERSITY IN CAIRO
month grant of , for a research month grant of , for a research project titled “The Monotheistic project titled, “The Redefinition of Shari’a in Triangle: Judaism and Islam in the Modern Egyptian Legal Thought:-Present” Modern Christian World”
Paul A. Silverstein Bruce B. Lawrence REED COLLEGE DUKE UNIVERSITY month grant of , for a research month grant of , for a research project titled, “The Ethnic Politics of Muslim project titled, “Christian and Muslim Secularism: North Africa at the Crossroads” minorities as secular citizens in Africa and Asia” Monica Toft American Prospect, Inc., BOSTON, MA HARVARD UNIVERSITY month grant of , Toward a special month grant of , for a research report on comprehensive democracy initiatives project titled, “Religion, Islam and Civil Wars”
American University, WASHINGTON, DC Muhammad S. Umar month grant of , Toward conven- NORTHWESTERN UNIVERSITY ings to consider changes in the Presidential month grant of , for a research primary schedule for future elections project titled, “Pragmatism and Pluralism in the Traditional Islamic Thought of al-Shaykh Asian American Legal Defense And Ibrahim Saleh of Nigeria” Education Fund, NEW YORK, NY
month grant of , Toward encouraging Ashutosh Varshney voter participation among Asian Americans UNIVERSITY OF MICHIGAN
month grant of , for a research The Aspen Institute, Inc., WASHINGTON, DC project titled, “Ethnocommunal Conflict, 21 Civil Society and the State” month grant of , Toward a national education summit to renew and mobilize commitment to data-driven education reform Discretionary The Aspen Institute, Inc., WASHINGTON, DC
WASHINGTON, DC ADC Research Institute, month grant of , Toward activities to strengthen and educate the public about month grant of , Toward dissemination Muslim American philanthropy of a publication that documents civil rights and civil liberties violations against Muslim
Americans Arabella Legacy Fund, WASHINGTON, DC
month grant of , Toward support of
Alliance for Children and Families, Inc., the Fair Elections Legal Network project MILWAUKEE, WI
month grant of , Toward support Asian Americans/Pacific Islanders in Philanthropy, SAN FRANCISCO, CA
American Enterprise Institute for Public month grant of , Toward WASHINGTON, DC Policy Research, membership support
month grant of , For its project on the governing styles of the presidential nominees Asian Pacific American Legal Center of Southern California, Inc., LOS ANGELES, CA
American Museum of Natural History, month grant of , Toward a NEW YORK, NY citizenship video
month grant of , Toward a conference on science education Association of Governing Boards of Demos: A Network for Ideas Universities and Colleges, WASHINGTON, DC and Action, Ltd., NEW YORK, NY
month grant of , Toward a symposium month grant of , Toward a toolkit to develop policy recommendations on the for nonprofit service groups to promote civic national purpose of American higher education engagement
The Brookings Institution, WASHINGTON, DC Downtown Community Television Center Inc., NEW YORK, NY month grant of , Toward research and public education on the performance month grant of , Toward an on-line of Congress video series on immigrant policy
California State University, LONG BEACH, CA Equal Justice Society, SAN FRANCISCO, CA
month grant of , For supplemental month grant of , Toward a confer- funding toward research examining the rela- ence to foster multi-racial alliances around tionship between measures of preservice teacher civil rights and immigrant rights issues 22 preparation and student achievement gains Fairfield University, FAIRFIELD, CT Cato Institute, WASHINGTON, DC month grant of , Toward a project to month grant of , Toward promoting a develop a common language among religious book on U.S. immigration policy traditions to advance the national debate on immigration reform
Center for Community Change, WASHINGTON, DC FairVote, TAKOMA PARK, MD
month grant of , Toward meetings month grant of , Toward a pilot study to build the capacity of African immigrant- on systemic voter registration and education serving organizations methods in high schools, community colleges, and universities
Center for Responsive Politics, WASHINGTON, DC Fayetteville State University, FAYETTEVILLE, NC month grant of , Toward a marketing and fundraising plan month grant of , Toward a pilot faculty development program to improve undergraduate teaching and learning Columbia University, NEW YORK, NY
month grant of , Toward the Fordham University, NEW YORK, NY African American policy and politics survey month grant of , Toward a study of African immigrants in the Bronx Cornell University, ITHACA, NY
month grant of , Toward research on the role of labor in immigrant integration Fordham University, NEW YORK, NY Hispanics In Philanthropy, SAN FRANCISCO, CA
month grant of , Toward a collabora- month grant of , Toward tive research project with the Coalition for membership support Asian American Children and Families (CACF) to document academic performance within the Independent Media Institute, SAN FRANCISCO, CA Asian Pacific American student population of New York City Public Schools month grant of , For its internet-based public education efforts on immigration issues
Foundation Center, NEW YORK, NY Independent Sector, WASHINGTON, DC month grant of , Toward membership support month grant of , Toward membership support
Friends of Girls Preparatory Charter School of New York, Inc., NEW YORK, NY Jewish Funds for Justice, NEW YORK, NY
month grant of , Toward a conference month grant of , Toward membership on the impact of single-sex public schools in support for the Social Justice Infrastructure 23 preparing students for high school and college Funders affinity group
Fund for Independence in Journalism, League of Conservation Voters Education WASHINGTON, DC Fund, WASHINGTON, DC
month grant of , Toward support month grant of , Toward a project to test nonpartisan vote-by-mail and early voting methods to increase participation of young Grantmakers Concerned with Immigrants voters in the elections and Refugees, SEBASTOPOL, CA
month grant of , Toward League of Young Voters Education Fund, membership support BROOKLYN, NY
month grant of , For an experiment Grantmakers for Education, PORTLAND, OR on text messages and youth voting month grant of , Toward membership support Massachusetts Institute of Technology, CAMBRIDGE, MA Grants Managers Network, WASHINGTON, DC month grant of , For a conference on month grant of , Toward the U.S. Electoral College and its impact on membership support Presidential elections
Grants Managers Network, WASHINGTON, DC Media Matters for America, WASHINGTON, DC
month grant of , Toward month grant of , Toward its analysis membership support of the media coverage on immigrant integra- tion issues National Academy of Sciences, WASHINGTON, DC The New School, NEW YORK, NY
month grant of , Toward a workshop month grant of , Toward a conference on tracking student and school progress with on the effects of globalization, international test-based accountability systems collaboration, and technology on higher education
National Center on Education and the Economy, WASHINGTON, DC The New School, NEW YORK, NY
month grant of , Toward support month grant of , Toward its project of the Multiple Education Pathways on ethnic media coverage of immigrants and Learning Exchange their views on issues in the elections
National Civic League of Colorado, Inc., New York Regional Association of DENVER, CO Grantmakers, Inc., NEW YORK, NY
month grant of , Toward a special month grant of , Toward issue of the National Civic Review devoted membership support 24 to the relationship between diversity, social capital, and immigration Nonprofit Coordinating Committee of New York, Inc., NEW YORK, NY National Committee for Responsive month grant of , Toward Philanthropy, WASHINGTON, DC membership support month grant of , Toward membership support Overseas Vote Foundation, ARLINGTON, VA
month grant of , Toward support Neighborhood Funders Group, WASHINGTON, DC Pacific Council on International Policy, month grant of , Toward LOS ANGELES, CA membership support month grant of , Toward a binational task force to make policy recommendations on Neighborhood Funders Group, cross-border issues WASHINGTON, DC
month grant of , Toward Philanthropic Research, Inc., membership support WILLIAMSBURG, VA
month grant of , Toward New Leaders, NEW YORK, NY membership support for GuideStar month grant of , Toward the develop- ment of a learning plan to increase principal Philanthropy Roundtable, WASHINGTON, DC effectiveness and student achievement in secondary schools month grant of , Toward membership support Ploughshares Fund, SAN FRANCISCO, CA RAND Corporation, SANTA MONICA, CA
month grant of , Toward month grant of , For research membership support for the Peace and Security planning and data analysis assistance to Funders Group the Ohio Teacher Quality Partnership
Political Research Associates, The Research Foundation of State SOMERVILLE, MA University of New York, ALBANY, NY
month grant of , Toward a project on month grant of , Toward the New defending civil liberties York State Teacher Quality Research Center
Prichard Committee for Academic Rutgers, The State University of Excellence, LEXINGTON, KY New Jersey, NEW BRUNSWICK, NJ
month grant of , Toward improving month grant of , Toward its teacher quality in Kentucky project on security, civil liberties, and immigrant policy
Progressive States Network, NEW YORK, NY 25 Southern Regional Council, Inc., month grant of , Toward improving ATLANTA, GA the quality and breadth of immigration- related policy at the state level month grant of , Toward a special edition of its Southern States Legislative and Policy Review on economic, social, and Public Agenda Foundation, Inc., political issues impacting Latinos and African NEW YORK, NY Americans in the region month grant of , Toward an online election guide Sponsors for Educational Opportunity, Inc., NEW YORK, NY
Public Interest Projects, NEW YORK, NY month grant of , Toward month grant of , membership membership support support toward its Funders’ Committee for Civic Participation Stanford University, STANFORD, CA
month grant of , For an English- Public Interest Projects, NEW YORK, NY language learner online video resource month grant of , membership support toward its Funders’ Committee for Tanana Chiefs Conference, FAIRBANKS, AK Civic Participation month grant of , Toward Native American voter engagement, including youth Purdue University, LAFAYETTE, IN
month grant of , Toward survey research on civic attitudes of Mexican Americans Tides Center, SAN FRANCISCO, CA University of Miami, CORAL GABLES, FL
month grant of , For Africa month grant of , For research and Grantmakers Affinity Group curriculum development to raise English- membership dues language learner (ELL) achievement levels
Tides Foundation, SAN FRANCISCO, CA University of Michigan, ANN ARBOR, MI
month grant of , Toward a fund month grant of , Toward its to support coordinated efforts to protect National politics study voters’ rights
University of Minnesota, ST. PAUL, MN Tides Foundation, SAN FRANCISCO, CA month grant of , Toward a meeting to month grant of , Toward its consider strategies for improving pathways to Technology Affinity Group project students’ success in college
University of California, Berkeley, University of Southern California, 26 BERKELEY, CA LOS ANGELES, CA
month grant of , For a multi-ethnic, month grant of , Toward a workshop multi-site study of Asian American civic and on American Muslim civic engagement and political engagement leadership
University of Chicago, CHICAGO, IL University of Wisconsin, Madison, MADISON, WI month grant of , For an analysis to explore the development of a series of longitu- month grant of , Toward a study dinal studies examining reading development on factors influencing civic engagement in during the middle-grade years high schools
University of Chicago, CHICAGO, IL University of Wisconsin, Madison, MADISON, WI month grant of , For developing a plan to support the design and development month grant of , For development of of the University of Chicago, Urban a plan for accelerating resources management Education Institute in urban districts nationally for improved student achievement
University of Massachusetts, Boston, BOSTON, MA University of Wisconsin, Madison, MADISON, WI month grant of , For a meeting to consider strategies for improving pathways month grant of , Toward an education to students’ success in college and technical assistance initiative for state executives involved in voting and elections External Affairs
A crucial component of Andrew Carnegie’s mission for the foundation, the diffusion of knowl- edge is central to the Dissemination Program, which focuses on increasing the impact of grantmaking with communication training and support of grantees as well as application of modern media tools to the advancement of Corporation sponsored scholarship and research.
The New Press Inc., NEW YORK, NY Cross-Cutting Initiatives Toward support of three books that explore the important nexus of educational and eco- NEW YORK, NY American University in Cairo, nomic opportunity, with special focus on the immigrant experience. Months, ,. For a journalism summer training program on the Middle East for students in schools sup- ported by the Carnegie/Knight Initiative on Pundit Productions Inc., WASHINGTON, DC the Future of Journalism Education. Toward deepening and expanding its investiga- 27 Months, ,. tive and analytical reporting on the immigra- tion debate and election issues.
Center for Independent Media, Months, ,. WASHINGTON, DC
For expanding its coverage of immigration issues. Months, ,. Dissemination
Greater Washington Educational Boston Critic Inc., SOMERVILLE, MA Telecommunications Association, Inc., ARLINGTON, VA For features and essays on areas of international and national concern. Months, ,. Toward the foreign news reporting of The NewsHour. Months, ,. The Brookings Institution, WASHINGTON, DC
Toward engaging presidential candidates International Center for Journalists Inc., WASHINGTON, DC and the public in substantive foreign policy debates. Months, ,. For a journalism program linking reporters in the Middle East with American reporters for Carnegie Corporation of New York, better understanding of Islamic issues from NEW YORK, NY both perspectives. Months, ,. For program dissemination of the Corporation’s work. Months, ,,. National Public Radio, Inc., WASHINGTON, DC
Toward the in-depth coverage of the role of Islam in the world today. Months, ,. University of North Carolina at Journalism Initiative Chapel Hill, CHAPEL HILL, NC
Toward curriculum enrichment. TEMPE, AZ Arizona State University, Months, ,.
Toward expanding the News network of universities providing innovative, hands-on University of Southern California, journalism education. Months, ,,. LOS ANGELES, CA
Toward curriculum enrichment.
Arizona State University Foundation, Months, ,. TEMPE, AZ
Toward curriculum enrichment. ABC News Summer Institute Months, ,. month grant of , each to the following participants as Carnegie Fellows in the N YORK, NY Columbia University, EW ABC Summer Institute: Megan Chuchmach, GRADUATE SCHOOL OF JOURNALISM, Toward curriculum enrichment. COLUMBIA UNIVERSITY 28 Months, ,. Kyle Gassiott, UNIVERSITY OF IOWA SCHOOL OF JOURNALISM Harvard University, CAMBRIDGE, MA Brooks Jarosz, UNIVERSITY OF OHIO SCHOOL OF JOURNALISM For research and leadership of Carnegie Matthew Zimmerman, UNIVERSITY OF MISSOURI Knight Task Force on Journalism. SCHOOL OF JOURNALISM Months, ,.
Howard University, WASHINGTON, DC Discretionary For the development of a journalism graduate studies program. Months, ,. Arab Community Center for Economic and Social Services, DEARBORN, MI Northwestern University, EVANSTON, IL month grant of , Toward support Toward curriculum enrichment. Months, ,. The Brookings Institution, WASHINGTON, DC
month grant of , Toward support of University of California, Berkeley, an online community for U.S.-Muslim dialogue BERKELEY, CA
Toward curriculum enrichment. The Center for Independent Documentary, Months, ,. Inc., SHARON, MA
month grant of , Toward a documen- University of Nebraska, Lincoln, LINCOLN, NE tary on the life and work of anthropologist Toward curriculum enrichment. Melville J. Herskovits Months, ,. Community Renewal Society, CHICAGO, IL Johns Hopkins University, BALTIMORE, MD
month grant of , Toward coverage month grant of , Toward intensive by the Chicago Reporter of immigrant civic training of U.S. news editors on issues facing engagement issues North and South Korea
Duke University, DURHAM, NC Johns Hopkins University, BALTIMORE, MD
month grant of , Toward a project on month grant of , Toward intensive advancing and diffusing knowledge on Muslim training of U.S. news editors on issues facing Americans Turkey, including the role of Islam in contem- porary Turkey
Education Writers Association, WASHINGTON, DC Latino Economic Development Corporation of Washington, DC, WASHINGTON, DC month grant of , Toward a series of briefings on education issues with the month grant of , For a series of media presidential candidates and communications training workshops for leaders involved in immigration issues 29 Fund for the City of New York, Inc., NEW YORK, NY Loyola University New Orleans, NEW ORLEANS, LA month grant of , For coverage of women and the rule of law in Africa, and of month grant of , For a conference on women in Islam in the United States and across migration and integration of immigrants with the world a special focus on migration issues facing the Gulf South since Hurricane Katrina
Graduate Theological Union, BERKELEY, CA Massachusetts Immigrant & Refugee month grant of , For a two-day Advocacy Coalition, BOSTON, MA workshop focusing on Islamic communications capacity building month grant of , Toward a project that will strengthen a local, regional and national campaign to build a pro-immigrant Harvard University, CAMBRIDGE, MA web . month grant of , Toward the establishment of a program that recognizes Nueva Esperanza, PHILADELPHIA, PA journalistic independence and honors the life of I.F. Stone month grant of , Toward mobilizing Latino-led churches in promoting civic engagement of immigrants Internews Network, ARCATA, CA
month grant of , For supporting jour- nalists on the Pakistan-Afghanistan border Religion Newswriters Foundation, WESTERVILLE, OH
month grant of , Toward a series of Religion Link news resource editions for journalists on topics related to Islam
Rhode Island Public Radio, PROVIDENCE, RI
month grant of , Toward a series of news stories on how the immigrant population impacts life in Rhode Island
Visions of a Better World Foundation, SUDBURY, MA
month grant of , Toward travel for participants in an international confer- 30 ence honoring journalists who have created outstanding media work supporting positive social change.
Voices of September th, NEW CANAAN, CT
month grant of , Toward support 21st Century Fund/Hurricane Katrina Relief
Recovery School District, NEW ORLEANS, LA
month grant of , Toward the High School Redesign Project in New Orleans
31 Special Opportunities Fund
American Bar Association Fund for Justice International Rescue Committee, Inc., and Education, CHICAGO, IL NEW YORK, NY
Toward a convening on international rule Toward support of human rights programming. of law. Months, ,. Months, ,.
The Aspen Institute, Inc., WASHINGTON, DC Lincoln Center for the Performing Arts, Inc., NEW YORK, NY Toward ongoing public education around the public discourse and implementation of the Toward support of its educational programs. recommendations of the / Commission. Months, ,. Months, ,.
Metropolitan Opera Association, Inc., Carnegie Council for Ethics in NEW YORK, NY International Affairs, NEW YORK, NY 32 Toward a model program providing opera in Toward developing the Carnegie Ethics the schools. Months, ,. Studio project. Months, ,.
National Center on Addiction and Coalition for DC Representation Substance Abuse at Columbia University, Education Fund, WASHINGTON, DC NEW YORK, NY
Toward support. Months, ,. Toward a national assessment of substance abuse and dependence in American high schools. Months, ,. Fisk University, NASHVILLE, TN
For institutional capacity-building, including National Urban League, Inc., NEW YORK, NY faculty support. Months, ,. Toward production of educational materials for a documentary on Whitney Young. Global Center, 220 HAFNARFJORDUR, ICELAND Months, ,. One-time grant toward research, analysis and training on water-related security and humanitarian challenges to South Asia posed by melting Himalaya glaciers. Discretionary Months, , Arizona State University, TEMPE, AZ
Institute on the Holocaust and Genocide, month grant of , Toward a project to JERUSALEM, ISRAEL develop an online, interactive civics education curriculum for middle school students Toward a web site designed to focus and track responses on genocide in the world. Months, ,. Brooklyn Academy of Music, Inc., The New Press Inc., NEW YORK, NY BROOKLYN, NY month grant of , For the planning month grant of , Toward an arts phase of a publishing program on Islam/Muslim festival and conference on promoting dialogue studies between Muslim and Western societies
Rabbi Marc H. Tanenbaum Foundation, Inc., Brown University, PROVIDENCE, RI NEW YORK, NY
month grant of , For a project on month grant of , Toward a retreat on the cultural impact of migration the role of religious peacemakers in conflict resolution
Central European University, BUDAPEST, HUNGARY Society for the Preservation of Physician Assistant History, Inc., ALEXANDRIA, VA month grant of , Toward a conference on Eastern Christianity month grant of , A one-time only grant toward the preservation of documents related to Dr. Eugene Stead’s approaches to training Claremont Graduate University, 33 physician assistants CLAREMONT, CA
month grant of , Toward its efforts Teachers College, Columbia University, to narrow the educational achievement gap NEW YORK, NY
month grant of , Toward an online Columbia University, NEW YORK, NY digital archive of The Open Mind, a long- month grant of , For the preservation running television interview broadcast and improved accessibility to the papers of David A. Hamburg Toynbee Prize Foundation, Inc., NEWTON CENTER, MA
Henry L. Stimson Center, WASHINGTON, DC month grant of , Toward a conference month grant of , Toward its project on on global energy transitions the rule of law for the oceans
University of Chicago, CHICAGO, IL International Longevity Center-USA, Ltd., month grant of , Toward research NEW YORK, NY on philanthropy and educational reform in month grant of , Toward support Chicago
Near East Foundation, NEW YORK, NY University of Michigan, ANN ARBOR, MI
month grant of , Toward month grant of , Toward the purpose institutional strengthening of exploring collaborations with education partners in South Africa and Ghana Special Initiatives
American Library Association, WASHINGTON, DC
Toward the creation of the annual Carnegie New York Times librarian awards program honoring exemplary performance by public and academic librarians. Months, ,.
34 Leadership Initiative
Syracuse University, SYRACUSE, NY
month grant of , Academic Leadership Award in recognition of Syracuse University Chancellor and President Nancy Cantor’s outstanding academic and institutional leadership
University of California, Berkeley, BERKELEY, CA
month grant of , Academic Leadership Award in recognition of University of California, Berkeley Chancellor Robert J. Birgeneau’s outstanding academic and institutional leadership 35 Anonymous $30 Million in Grants to Cultural and Social Service Institutions in New York City*
Arthur Aviles Typical Theatre, , Arts and Cultural Organizations Artists Space, Inc., , Arts Connection, , nd Street Project, Inc., , Asian American Arts Alliance, , Arts, , Atlantic Theater Company, , Aaron Davis Hall, Inc., , Ballet Hispanico of New York, , Abingdon Theatre Company, , Ballet Tech Foundation, Inc., , Academy of American Poets, Inc., , Bang On A Can, , AIA Center for Architecture, , Bargemusic, Ltd., , Alley Pond Environmental Baryshnikov Dance Foundation, , Center, Inc., , Batoto Yetu Inc., , Alliance for the Arts, Inc., , Bayside Historical Society, , 36 Alliance of Resident Theatres, , Bill T. Jones/Arnie Zane Alvin Ailey Dance Foundation, , Dance Company, , AMAS Musical Theatre, Inc., , Billie Holiday Theatre American Ballroom Theater Incorporated, , Company, Inc., , Bloomingdale School of Music Inc., , American Folk Art Museum, , Borough of Manhattan Community College American Jewish Historical Society, , Performing Arts Center, Inc., , American Museum of the Bronx Arts Ensemble, Inc., , Moving Image, , Bronx Council on the Arts, Inc., , American Music Center, Inc., , Bronx County Historical Society, , American Place Theatre, Inc., , Bronx Museum of the Arts, , American Symphony Orchestra Bronx River Art Center, Inc., , League, , Brooklyn Academy of Music, Inc., , Amigos del Museo del barrio, , Brooklyn Arts Council, , Anthology Film Archives, , Brooklyn Arts Exchange, Inc., , Apexart, , Brooklyn Ballet, , Apollo Theater Foundation, Inc., , Brooklyn Botanic Garden Art Education for the Blind Inc., , Corporation, , Art in General, Inc., , Brooklyn Center for the Art Students League of New York, , Performing Arts, ,
Amounts shown represent the first installment of a 2 year commitment to each organization.
* These two-year grants are designed to help each of the awardees build their organizational capacity and achieve long-term development goals. More than $30 million is being awarded for this grant term. The second installments of the grants, also totaling $30 million, will be awarded in Spring 2009. Brooklyn Children’s Museum, , College of Staten Island Brooklyn Conservatory of Music, , Center for the Performing Arts, , Brooklyn Conservatory of Music, , Colonial Farmhouse Restoration Society of Bellerose, inc. Builders Association Inc., , d/b/a Queens County Farm Museum, , Brooklyn Historical Society, , Coney Island USA, , Brooklyn Information & Cool Culture Inc., , Culture, Inc., , Cooper Hewitt Museum, , Brooklyn Museum of Art, , Council on the Arts & Brooklyn Philharmonic Symphony Humanities for Staten Island, , Orchestra, Inc., , Creative Time, Inc., , Brooklyn Youth Chorus Academy, Inc., , Culture Project, , Career Transition for Dancers, Inc., , Dance New Amsterdam, , Caribbean Cultural Center, , Dance Theater Workshop, Inc., , Center for Arts Education Inc., , Dance Theatre of Harlem, Inc., , 37 Center for Book Arts, , Dance/NYC, , Center for Jewish History, Inc., , Dancewave, Inc., , Center for Traditional Dancing In The Streets, Inc., , Music and Dance, Inc., , Danspace Project, Inc., , Chamber Music America, Inc., , DIA Center for the Arts Chashama, Inc., , (DIA Art Foundation), , Checkerboard Foundation, Inc., , Dieu Donne Paper Mill Inc., , Cherry Lane Theatre, , Discalced, Inc. (Mark Morris dance company) , Children’s Art Carnival, , Dixon Place, , Children’s Museum of the Arts, Inc., , Doing Art Together Inc., , Children’s Museum of Manhattan, , Downtown Community Television Chinese American Arts Council Inc., , Center Inc., , City center th street theater The Drama League, , foundation, inc ,, The Drawing Center, Inc., , City Lights Youth Theatre Inc., , DreamYard Drama Project, Inc., , City Lore, Inc., , Elders Share the Arts, , City Parks Foundation, , Elizabeth Foundation for the Arts, , CITYarts, Inc., , En Foco, Inc., , Classical stage company, , Ensemble Studio Theatre, Inc., , Classical Theatre of Harlem Inc., , Epic Theatre Ensemble, , Clubbed Thumb Inc., , Ethel’s Foundation for the Arts, , Exit Art, , Irish Repertory Theatre The Field, , Company, Inc., , Find Your Voice, Inc. Irondale Productions, Inc., , d/b/a Star Fish Theatreworks, Inc., , Isamu Noguchi Foundation and Flamenco Latino, , Garden Museum, , Flea Theatre, , Jacques Marchais Center of Tibetan Art, , Flushing Council on Culture and the Arts, Inc., , Jamaica Center for Arts and Learning, Inc., , Flux Factory Inc., , Jazz at Lincoln Center Inc., , The Foundry theatre , Jazzmobile, Inc., , Frank Silvera Writers Workshop Foundation, Inc., , Jewish Children’s Museum, , Friends of Materials for the arts, , John A. Noble Collection, , Ghetto Film School Inc., , Jose Limon Dance Foundation, , 38 H.T. Chen Dance Company, Inc., , Joyce Theater Foundation, Inc., , Haelakala (the kitchen), , Kaufman Center, , Hands On Sign Interpreted Kentler International Performances, Inc., , Drawing Space, , Harlem Arts Alliance, , King Manor Association of Long Island, Inc., , Harlem School of the Arts, , La Mama Experimental Harlem Textile Works Ltd., , Theatre Club, Inc., , Harvestworks, Inc., , Labyrinth Theater Company, , Heart of Brooklyn Cultural Lark Theatre Company Inc., , Institutions, Inc., , Lehman College Center for the HERE Arts Center, , Performing Arts, Inc., , High Tickets to the Arts, Inc., , Louis Armstrong House & Archives, , Highbridge Voices Corporation, , Lower East Side Printshop, Inc., , Historic House Trust of Lower East Side Tenement Museum, , New York City, Inc., , Lower Manhattan Cultural Hospital Audiences, Inc., , Council, Inc., , Hostos Community for Ma-Yi Filipino Theatre Arts and Culture, , Ensemble Inc., , Ice Theatre of New York, , Mabou Mines Development Ifetayo Cultural Arts Facility, Inc., , Foundation, Inc., , International Arts Relations, Inc. Manhattan Class Company, Inc., , (INTAR), , Manhattan School of Music, , International Print Center Manhattan Theatre Club, Inc., , New York, , Mariachi Academy, , New York Shakespeare Festival Marquis Studios Ltd., , (Public Theater), , Martha Graham Center of New York Studio School of Drawing Contemporary Dance, Inc., , Painting & Sculpture, Inc., , Meet the Composer, Inc., , New York Theatre Workshop, Inc., , Merce Cunningham Dance Company, , New York Youth Symphony, Inc., , Midori Foundation, Inc., , Nuyorican Poets Cafe, Inc., , Mind-Builders Creative Arts NYC Performing Arts Spaces, Co., Inc., , d/b/a Exploring Metropolis, Inc., , Mint Theater Company Inc., , Ontological-Hysteric Theater, Inc., , Moving Image/Film forum, , Opus Music Center, , Museum for African Art, , Orpheon, Inc./The Little Orchestra Society, , Museum of Arts and Design, , Orpheus Chamber Orchestra, Inc., , Museum of Chinese in the Americas, , Our Time Theatre Company, , 39 Museum of Jewish Heritage—Living P.S. Contemporary Art Memorial to the Holocaust, , Center, Inc., , Museum of the American Indian, , Pan Asian Repertory Theatre, Inc., , Museum of the City of New York, , Paper Bag Players, Inc., , Music Outreach—Learning Through Paul Taylor Dance Foundation, , Music, Inc., , Pearl Theatre Company, Inc., , Musica de Camara, , Performance Space , Inc., , National Choral Council, Inc., , Pick-Up Performance Company, Inc., , National Dance Institute, Inc., , Playwrights Horizons, Inc., , Negro Ensemble Company, Inc., , Poets & Writers, Inc., , New nd Street, Inc. / New Victory Poets House, , Theater, , Point community development New Dramatists, Inc., , corporation, , New Federal Theatre, Inc., , Pregones Touring Puerto Rican Theatre New Museum of Contemporary Art, , Collection, Inc., , New York Chinese Cultural Primary Stages Company Inc., , Center, Inc., , Public Art Fund Inc., , New York Foundation for Publicolor, Inc., , Architecture, Inc., , Puerto Rican Traveling New York Foundation Theatre, Inc., , for the Arts, Inc., , Pulse Ensemble Theatre Inc., , New York Hall of Science, , Queens Botanical Garden New York Historical Society, , Society, Inc., , Queens College Foundation, Inc.— Staten Island Children’s Museum, , Colden center, , Staten Island Historical Society, , Queens Council on the Arts, Inc., , Staten Island Institute of Arts and Queens Museum of Art, , Sciences, , Queens Symphony Orchestra, Inc., , Staten Island Zoological Queens Theatre in the Park, Inc., , Society, Inc., , Quintet of the Americas, Inc., , Studio In A School Association, , Rattlestick Productions Inc., , Studio Museum in Harlem, Inc., , Readers Theater Workshop/ Sundog Theatre, Inc., , InCollaboration, Inc., , Symphony Space, , Redhawk Native American TADA! Theater and Dance Arts Council, , Alliance, Inc., , Ringside, Inc. (STREB), , The Tank Ltd., , Riverside Symphony, Inc., , Target Margin Theater, Inc., , 40 Roundabout Theatre Company, , Teachers and Writers RUSH Philanthropic Arts Collaborative, , Foundation, , Thalia Spanish Theatre, , Sandy Ground Historical Theater Breaking Through Barriers, Society Inc., , d/b/a Theatre by the Blind , Saratoga International Theater Theater for the New City, , Institute, Inc., , Theatre Communications Second Stage Theatre, Inc., , Group, Inc., , Signature Theatre Company, Inc., , Theatre Development Fund, , Snug Harbor Cultural Theatre for a New Audience, Inc., , Center, Inc., , Third Street Music School Society of the Educational Settlement, Inc., , Arts, Inc. (SEA), , Topaz Arts Inc., , Society for the Preservation of Weeksville Town Hall Foundation, Inc., , and Bedford-Stuyvesant History, , Triangle Arts Association Limited, , Socrates Sculpture Park, Inc., , Tribeca Film Institute Inc., , Soho Repertory Theatre, Inc., , Triple Candie Inc., , Sound Portraits Productions, Inc., , Trisha Brown Dance Company, Inc., , Spanish Theatre Repertory Ltd., , Urban Stages, , St. Ann’s Center for restoration, , UrbanGlass/New York Contemporary Glass St. George Theater, , Center, Inc., , St. Luke’s Chamber Ensemble, Inc., , Vineyard Theatre and Workshop Staten Island Botanical Center, Inc., , Garden, Inc., , Wave Hill, Inc., , White Columns Inc., , Bay Ridge Community Service Women’s Project and Productions, , Center, , Wooster Group, Inc., , Bedford Stuyvesant Family Health Center, , World Music Institute, Inc., , Bedford Stuyvesant Restoration The Writer’s Room, , Corporation, , Yangtze Repertory Theatre of Best Buddies New York, , America, Inc., , Big Brothers and Big Sisters of York Theatre Company, Inc., , New York City Inc., , Young Audiences/New York, Inc., , Bottomless Closet, , Young Playwrights, Inc., , Bowery Residents Committee, , Boys & Girls Harbor, Inc., , Social Service Organizations Broadway Housing Communities Inc., , Brooklyn USA Athletic Association, Inc. Hispanic Women Inc., , (Jackie Robinson Center for Physical 41 Abraham House, Inc., , Culture), , After Hours Project Inc., , Burden Center for the Aging Inc., , Agenda for Children Tomorrow Callen-Lorde Community Health Center (ACTNYC), , (Community Health Project Inc.), , Agudath Israel of America Inc., , Capuchin Food Pantries, , Alianza Dominicana Inc., , Career Gear Inc., , Alpha Workshops, , Careers Through Culinary Arts Amethyst House, Inc., , Program Inc., , Amethyst Womens Project Inc., , Caribbean American Center of New York Inc., , Armory Foundation, , Caribbean Women’s Health Asian American Federation of Association, Inc., , New York, , Casita Maria, Inc., , Asian Americans for Equality, Inc., , Cathedral Community Cares, , Asociaciones Dominicanas (Nasry Michelen Day Care Center Inc.), , Catholic Charities Archdiocese of New York, , Aspira of New York, Inc., , Catholic Charities Diocese of Association to Benefit Children, , Brooklyn & Queens, , Association of Community Center for Alternative Sentencing and Employment Programs for Employment Services Inc. (CASES), , the Homeless Inc. (ACE), , Center for Employment Audubon Partnership for Economic Opportunities, Inc., , Development LDC, , Center for Family Life in Baby Buggy, Inc., , Sunset Park, , Center for the Advancement of Correctional Association of Health, , New York, , Center for Family Council of Jewish Emigre Community Representation, Inc., , Organizations, Inc. (COJECO), , Center for Urban Community Council of Jewish Organizations of Services, Inc., , Flatbush, Inc. (COJO Flatbush), , Chess-In-The-Schools, Inc., , Council of Peoples Organization Inc. Child Abuse Prevention (COPO), , Program Inc., , Crown Heights Youth Collective, , Child Care Inc., , Days of Taste, , Children’s Aid Society, , Doe Fund, Inc., , Children’s Aid Society, , Dome Project, Inc., , Children’s Health Fund, , The Door—A Center of Chinese American Planning Alternatives, Inc., , Council Inc., , Dominican Women’s Development 42 Christian Herald Association, Inc. Center, , (Bowery Mission), , Dominico-American Society of Church Avenue Merchants Block Queens Inc., , Association (CAMBA), , Dorot, Inc., , Citizens Advice Bureau, , Dress for Success, , Citizens For NYC Inc., , Dwa Fanm, , City Harvest, Inc., , East Harlem Tutorial Program, Inc., , City Year New York, , East Side House Settlement, , Citymeals-On-Wheels, , Educational Alliance, Inc., , Coalition for Hispanic Family El Puente de Williamsburg, Inc., , Services, , Episcopal Social Services of Committee for Hispanic Children and New York, Inc., , Families, Inc., , Federation of Protestant Welfare Common Ground Community Housing Agencies, Inc., , Development Fund Corp Inc., , FIND Aid for the Aged, Inc., , Community Association of Progressive Flushing Jewish Community Dominicans, Inc., , Council, Inc., , Community Service Society of Food Bank for New York City, , New York, , Forest hills community house Cooke Center for Learning and (Queens Community House), , Development, , Fortune Society, , Coro New York Leadership Center, , Fountain House, Inc., , Corporation for Supportive Housing, , Fresh Air Fund, , Friends of Island Academy, , Homecrest Community Fund for the City of New York/ Services, Inc., , Center for Court Innovation, , Hope Program, Inc., , Gay Men’s Health Crisis Inc., , Hour Children Inc., , Gilda’s Club New York City Inc., , Hudson Guild, , Girls Education and Mentoring Indochina Sino-American Senior Citizen Service Inc. (GEMS), , Center Inc., , Girls Incorporated of InMotion, Inc., , New York City, , Institute for Urban Family God’s Love We Deliver, Inc., , Health Inc., , Good Shepherd Services, , Inwood House, , Good Shepherd Services/ Iris House, , Foster Pride, , Jacob A. Riis Neighborhood Graham Windham, , Settlement, , Grand Street Settlement, Inc., , Jewish Association for Services for the Aged (JASA), , 43 Haitian Centers Council Inc., , Hale House Center, Inc., , Jewish Community Center of Staten Island, , Hamilton-Madison House, , Jewish Community Council of Greater HANAC Inc., , Coney Island, Inc., , Harlem Children’s Zone, Inc., , John Heuss House, , Harlem Congregations for Community Kips Bay Boys and Girls Club, Inc., , Improvement, Inc., , Korean American Family Service Harlem Dowling Westside Center for Center, Inc., , Children and Family Services, , Korean Community Services of Harlem Educational Activities Metropolitan New York, Inc., , Fund, Inc., , Korean Youth Center of New York, , Harlem RBI, , La Asociacion Benefica Cultural Father Harlem United Community AIDS Billini, , Center, Inc., , Learning Leaders, Inc., , Health Advocates for Older People Inc., , Lincoln Square Neighborhood Center Inc., , Hebrew Free Loan Society, Inc., , Little Sisters of the Poor Jeanne Jugan Henry Street Settlement, , Residence, , Heritage Health and Housing, Inc., , M.E.N.T.O.R.S , Hetrick-Martin Institute, Inc., , Make the Road New York, , Highbridge Community Life Manhattan Children’s advocacy Center, Inc., , center, , Holy Apostles Soup Kitchen, , Margarita camache smoking cessation New York Metropolitan Martin Luther program, , King Jr. Center for Nonviolence, , Mentoring Partnership new york, , New York University Child Study Metropolitan Council on Center, , Jewish Poverty, , New York Urban League, Inc., , Miracle House, , New York Women’s Foundation, , Montefiore Medical Center, , New Yorkers for Children Inc., , Montefiore Medical Center, , Nontraditional Employment for Women Mosholu Montefiore Community (NEW), , Center, , Northside Center for Child Mount Sinai Adolescent Health Development, Inc., , Center, , NPowerNY, Inc., ,
Mount Sinai School of Medicine of One Stop Senior Services, , New York University, , Partnership with Children, Inc., , National Center for Disability Services Partnership for the Homeless, Inc., , 44 (Abilities!), , Peer Health Exchange, , National Committee for the Furtherance of Jewish Education, , Per Scholas, Inc., , National Society for Hebrew Day Phipps Community Development Schools, , Corporation, , Neighborhood Coalition for Phoenix House Development Fund, Inc., Shelter, Inc., , , New Alternatives for Polish & Slavic Center, Inc., , Children, Inc., , Posse Foundation, , New Heights Neighborhood Project Greenhope, , Center Inc., , Project Hospitality Inc., , New Settlement Apartments, , Project Reach Youth, Inc., , New York Asian Women’s Center Project Sunshine Inc., , (NYAWC), , Providence House, Inc., , New York Cares, Inc., , Puppies Behind Bars Inc., , New York Center for Interpersonal Development RACCOON, Inc., , (YPIS of Staten Island), , Rachel’s Place Charitable Trust, , New York City Gay and Lesbian ReServe Elder Service Inc., , Anti-Violence Project, , Rhinelander Children’s center New York City Mission Society, , Riverdale Community Center, Inc., , New York City Outward Bound Riverdale Neighborhood House, , Center, Inc., , Rockaway Development & Revitalization New York City Rescue Mission, , Corp., , Ronald McDonald House of STRIVE (East Harlem Employment New York, Inc., , Services), , Room to Grow National, Inc., , Sunnyside Community Services, Inc., , Sadie Nash Leadership Project, , Taproot Foundation (Tapfound), , Safe Space NYC, Inc., , Turnaround for Children, Inc., , Sakhi for South Asian Women, , Union Settlement Association, , Samaritan Foundation, Inc., , United Activities Unlimited, Inc., , Sanctuary for Families, Inc., , University Settlement Society of SCAN New York Volunteer Parent-Aides New York, , Association, , Uth Turn (Fund for Community Leadership Seamen’s Society for Children and Development, inc), , Families, , Urban Dove Inc., , Search and Care, , V-Day, , Seedco (Structured Employment economic Variety Boys & Girls Club of development), , Queens, Inc., , 45 Selfhelp Community Services, Inc., , Vera Institute Of Justice, Inc., , Senior Action in a Gay Environment, Inc. Veritas Therapeutic Community (SAGE), , Foundation, Inc., , Sesame Flyers International Inc., , Village Care of New York Inc., , South Asian Youth Action Inc. VIP Community Services, , (SAYA), , Visiting Nurse Service of Southern Queens Park New York, , Association, Inc., , Vocational Foundation Inc., , Sports and Arts in Schools West End Intergenerational Residence, Foundation, , HDFC, Inc., , St. Francis Friends of the Poor Inc., , William F. Ryan Community Health St. Matthew’s and St. Timothy’s Center, Inc., , Neighborhood Center, , Women In Need, Inc., , St. Nicholas Neighborhood Preservation Women’s Venture Fund, Inc., , Corporation, , YMCA of Greater New York, , St. Raymond Community Outreach, Inc., , Yorkville Common Pantry, , St. Rita’s Center for Immigrants & Refugee You Gotta Believe, , Services, , Youth Communication, , Stanley M. Isaacs Neighborhood Center, , Staten Island Mental Health Society, Inc., ,
47
Report on Finances 30.7 2008 194.5 22.7 132.6 2007 22.2 114.7 Administrative Expenses & Taxes 16.4 91.4 2005 The graph below illustrates the growth in 16.5 102.7 Category 2004
Appropriations, net and administrative expenses, excluding invest- expenses,ment and $46.4 million taxes, for for million. a total $1,230.7 of period ten-year the category over expenses by 2008. Septemberended 30, by
1999–2008 14.6 59.0 Expenses 14.7 90.1 60.0 16.1 84.4 16.6 59.8 Schools for a New Society Initiative (multiyear grants) 55.5 15.4 1999 2000 2001 2002 2003 2006 ($'s in millions) 0 75 50 25 225 200 175 150 125 100 Appropriations and Expenses and Appropriations the ten yearsFor 2008, ended September 30, the Corporation grants awarded total- 5,498 millioning $1,044.8 and incurred expenses of activities charitable direct for million $139.5 Financial Highlights Financial REPORT ON FINANCES Each year the trustees appropriate funds charitable activities of $3.4 million in 2008 to be used for grants and for projects admin- and $3.5 million in 2007. Direct charitable istered by the officers. Many of the grants activities are services provided directly to other involve multiyear commitments. In the fiscal exempt organizations, governmental bodies, year ended September 30, 2008, approximately and the general public. Such services include 40 percent of the appropriated funds were paid providing technical assistance to grantees and within the fiscal year. Appropriations, net of potential grantees, conducting educational refunds and cancellations, totaled $194.5 mil- conferences and research, publishing and dis- lion, compared to $132.6 million in the pre- seminating educational materials, and serving ceding year. In 2008, Carnegie awarded grants on boards of other charitable organizations or totaling $60 million to support arts and social public commissions. service organizations located in New York City General administration expenses were $4.4 funded from the donation of an anonymous million in 2008 and $3.8 million in 2007. donor. In 2007, grants totaling $30 million were awarded for this purpose. The schedule below breaks down total expenses, excluding appropriations and taxes, Program management and direct charitable into categories for the year ended September activities expenses were $12.6 million in the 49 30, 2008. fiscal year ended September 30, 2008, com- pared with $12.2 million in the previous fiscal year. Included in these amounts, are direct
Program management and General direct charitable activities Investment administration Total Salaries $ 5,715,088 $ 2,346,683 $ 2,030,181 $ 10,091,952 Investment advisory and custody fees — 4,368,611 — 4,368,611 Employee benefits 2,714,004 362,894 983,200 4,060,098 Rent 1,267,852 147,300 594,403 2,009,555 Consultants 566,873 276,310 229,890 1,073,073 Legal and accounting services — 650,019 142,900 792,919 Travel 601,766 173,682 13,128 788,576 Publications 630,054 — — 630,054 Office expenses 296,637 39,434 140,405 476,476 Computer equipment and services 186,362 31,389 89,982 307,733 Conferences and meetings 250,680 12,944 24,546 288,170 Trustees’ honoraria and expenses 140,886 4,275 52,188 197,349 Amortization and depreciation 72,018 — 33,764 105,782 Other 160,738 21,535 64,124 246,397 TOTAL $12,602,958 $ 8,435,076 $ 4,398,711 $ 25,436,745*
* In FY2007, total expenses, excluding appropriations and taxes, were $24.4 million, which included $8.4 million of investment expenses. Taxes
Under the provisions of the Tax Reform Act of 1969, Carnegie Corporation as a private foundation is subject to a federal excise tax of 2 percent on income and realized capital gains. However, under the Tax Reform Act of 1984, the rate is reduced to 1 percent if the founda- tion maintains its average expense rate of the previous five years and, in addition, spends the tax savings. The Corporation did not meet the requirements for the reduced tax rate in either 2008 or 2007. Excise tax expense for FY2008 was $5.0 million. Unrelated business income tax expense for FY08 was $8.7 million. De- 50 ferred tax liability represents the potential tax (at 2 percent) on gains as yet unrealized as well as a book to tax timing difference.
Audit by Independent Accountants
The bylaws provide that the Corporation’s accounts are to be audited each year by an independent public accountant. Accordingly, the firm of McGladrey & Pullen, LLP audited the Corporation’s financial statements as of and for the year ended September 30, 2008. The Corporation’s financial statements, together with the independent auditor’s report, appear on the following pages. Independent Auditor’s Report
To the Board of Trustees Carnegie Corporation of New York New York, New York
We have audited the accompanying balance sheets of Carnegie Corporation of New York (the “Corporation”) as of September 30, 2008 and 2007, and the related statements of changes in net as- sets, and cash flows for the years then ended. These financial statements are the responsibility of the Corporation’s management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United 51 States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit in- cludes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Carnegie Corporation of New York as of September 30, 2008 and 2007, and the results of its operations and its cash flows for the years then ended in conformity with account- ing principles generally accepted in the United States of America.
New York, New York March 5, 2009
McGladrey & Pullen, LLP is a member firm of RSM International – an affiliation of separate and independent legal entities. Balance Sheets as of September 30, 2008 and 2007
2008 2007
Assets
Cash $ 63,046 $ 71,897
Investments 2,630,632,644 3,136,409,441
Tax Receivable 1,301,153 —
Contributions Receivable 30,000,000 —
Prepaid expenses and other assets 90,026 94,237
Fixed assets 615,378 450,912
52 Total assets $ 2,662,702,247 $ 3,137,026,487
Liabilities and net assets
Liabilities
Grants payable $ 165,571,162 $ 103,165,769
Investments sold short — 63,187,161
Accounts payable and other liabilities 1,765,156 5,159,993
Taxes payable — 10,591,210
Deferred taxes payable 2,319,567 17,183,230
Total liabilities 169,655,885 199,287,363
Net assets
Unrestricted 2,357,709,494 2,802,402,256
Permanently restricted 135,336,868 135,336,868
Total net assets 2,493,046,362 2,937,739,124
Total liabilities and net assets $ 2,662,702,247 $ 3,137,026,487
See accompanying notes to financial statements. Statements of Changes in Net Assets for the years ended September 30, 2008 and 2007
2008 2007
Revenues
Investment income
Interest and dividends $ 25,392,571 $ 27,644,569
Income and gains from partnerships, net 187,998,086 279,162,659
Net realized gains 116,751,078 49,484,628
Total realized investment income 330,141,735 356,291,856
Less investment expenses paid directly (8,435,076) (8,400,776) Net realized investment income 321,706,659 347,891,080 53 Contributions 60,431,890 30,209,000
Total revenues 382,138,549 378,100,080
Expenses
Grant appropriations 194,501,846 132,636,256
Program management and direct charitable activities 12,602,958 12,191,055
General administration 4,398,711 3,785,149
Provision for taxes 13,687,165 6,721,135
Total expenses 225,190,680 155,333,595
Excess of revenues over expenses 156,947,869 222,766,485
(Decrease) increase in unrealized appreciation of investments, net of related (credit) tax of $(12,278,380) in 2008 and $17,079,148 in 2007 (601,640,631) 278,473,375
Change in net assets (444,692,762) 501,239,860
Net assets, beginning of year 2,937,739,124 2,436,499,264
Net assets, end of year $ 2,493,046,362 $ 2,937,739,124
See accompanying notes to financial statements. Statements of Cash Flows for the years ended September 30, 2008 and 2007
2008 2007
Cash flows from operating activities
Change in net assets $ (444,692,762) $ 501,239,860
Adjustments to reconcile change in net assets to net cash provided by operating activities
Change in unrealized appreciation of investments 613,919,011 (295,552,523)
Net realized gains (116,751,078) (49,484,628)
Depreciation and amortization 105,782 98,918 54 Change in deferred taxes payable (14,863,663) 6,958,099 Total adjustments 482,410,052 (337,980,134)
Change in taxes receivable, contribution receivable and prepaid expenses and other assets (31,296,942) 14,360
Change in grants payable, accounts payable and other liabilities, and taxes payable 48,419,346 35,449,791
Net cash provided by operating activities 54,839,694 198,723,877
Cash flows from investing activities
Proceeds from sales or redemptions of investments 1,266,778,642 1,520,688,825
Proceeds from sales of investments sold short — 66,826,546
Purchases of investments (1,321,356,939) (1,786,226,650)
Purchases of fixed assets (270,248) (45,949)
Net cash used in investing activities (54,848,545) (198,757,228)
Change in cash (8,851) (33,351)
Cash, beginning of year 71,897 105,248
Cash, end of year $ 63,046 $ 71,897
See accompanying notes to financial statements. Notes to Financial Statements September 30, 2008 and 2007
() Organization: Carnegie Corporation of New York (the “Corporation”) is a philanthropic grantmaking foundation that was created by Andrew Carnegie in 1911 to promote the advancement and diffusion of knowl- edge and understanding. The Corporation has a policy of selecting a few areas at a time in which to concentrate its grants. The Corporation is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code; however, the Corporation is liable for federal excise taxes (see note 5).
() Summary of significant accounting policies: The accompanying financial statements have been prepared on the accrual basis of accounting.
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the 55 reporting period. Actual results could differ from those estimates.
The fair value of investments has been determined as indicated in note 3. The carrying amounts of the Corporation’s other financial instruments approximate fair value because of their short maturity.
In September 2006, the Financial Accounting Standards Board (the “FASB”) issued Statement of Financial Accounting Standards No. 157, Fair Value Measurements (“SFAS No. 157”). SFAS No. 157 defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurement. SFAS No. 157 also emphasizes that fair value is a market-based measure- ment, not an entity-specific measurement, and sets out a fair value hierarchy with the highest priority being quoted prices in active markets. Under SFAS No. 157, fair value measurements are disclosed by level within that hierarchy. This statement is effective for fiscal years beginning after November 15, 2007. The Corporation is currently assessing the potential effect of SFAS No. 157 on its financial position, results of operations and cash flows.
Fixed assets are stated at cost. Depreciation is calculated on a straight-line basis over the estimated useful lives of the related assets ranging from five to ten years. Leasehold improvements are amor- tized over the remaining life of the lease.
Contributions are recognized as revenue in the period the promise to give is received. All revenues in 2008 and 2007 were unrestricted or were restricted and released from restriction during the same period.
Grant appropriations, including multi-year grants, are recorded as an expense and a payable when grants are approved and communicated to the grantees. Grants payable is expected to be paid as fol- lows: approximately $114 million within one year and the remaining balance within three years.
The FASB has issued FASB Interpretation No. 48 (“FIN 48”),Accounting for Uncertainty in Income Taxes – an interpretation of FASB Statement No. 109. FIN 48 clarifies the accounting for uncertainty Notes to Financial Statements September 30, 2008 and 2007
in income taxes recognized in an enterprise’s financial statements in accordance with FASB State- ment No. 109, Accounting for Income Taxes. FIN 48 prescribes a recognition threshold and measure- ment standard for the financial statement recognition and measurement of an income tax position taken or expected to be taken on a tax return, including positions that the organization is exempt from income taxes or not subject to income taxes on unrelated business income. In addition, FIN 48 provides guidance on derecognition, classification, interest and penalties, accounting on interim periods, disclosure and transition.
The Corporation presently recognizes income tax positions based on management’s estimate of whether it is reasonably possible that a liability has been incurred for unrecognized income tax ben- efits by applying FASB Statement No. 5, Accounting for Contingencies.
The Corporation has elected to defer the application of FIN 48 in accordance with FASB Staff Position (“FSP”) FIN 48-3. This FSP defers the effective date of FIN 48 for nonpublic enterprises 56 included within its scope to the annual financial statements for fiscal years beginning after De- cember 15, 2008. The Corporation will be required to adopt FIN 48 in its 2010 annual financial statements. The provisions of FIN 48 are to be applied to all tax positions upon initial application of this standard. Only tax positions that meet the more-likely-than-not recognition threshold at the effective date may be recognized or continue to be recognized upon adoption.
The cumulative effect of applying the provisions of FIN 48 will be reported as an adjustment to the opening balance of net assets for the fiscal year of adoption. Management is currently assessing the impact of FIN 48 on its financial position and results of operations and has not determined if the adoption of FIN 48 will have a material effect on its financial statements.
The resources of the Corporation consist of permanently restricted and unrestricted net assets. Per- manently restricted net assets represent the original sums received from Andrew Carnegie who, by the terms of the conveying instrument, stipulated that the principal may never be expended; how- ever, the income is expendable. Unrestricted net assets are not subject to donor-imposed restrictions.
In August 2008, the FASB issued FASB Staff Position No. FAS 117-1, Endowments of Not-for-Profit Organizations: Net Asset Classification of Funds Subject to an Enacted Version of the Uniform Prudent Management of Institutional Funds Act (“UPMIFA”), and Enhanced Disclosures for All Endowment Funds (“FSP FAS 117-1”) to provide guidance on the net asset classification of donor-restricted endowment funds for a not-for-profit organization that is subject to an enacted version of the UPMIFA. The FSP also requires additional disclosures about an organization’s endowment (both donor-restricted and board-designated funds), whether or not the organization is subject to the UP- MIFA. The provisions of the FSP are effective for fiscal years ending after December 15, 2008, and the Corporation will be required to adopt FSP FAS 117-1 in its 2009 annual financial statements.
For purposes of the statements of cash flows, cash includes all cash held in bank accounts at Septem- ber 30, 2008 and 2007. Notes to Financial Statements September 30, 2008 and 2007
() Investments: Readily marketable investments are reported at fair value on the basis of quoted market prices. Limited partnerships and similar interests are reported at fair value based on financial informa- tion received from the fund managers or general partners. The fund managers or general partners determine the fair value of securities using quoted market prices, if available, or using other valua- tion methods. Investments in limited partnerships and similar interests totaled $2,183,543,114 at September 30, 2008 and $2,452,068,128 at September 30, 2007.
Investments are comprised of the following at September 30, 2008 and 2007:
2008 2007 Cost Fair Value Cost Fair Value Global equity $ 953,204,953 $ 911,464,671 $ 890,964,602 $ 1,282,220,176 57 Fixed income 229,347,503 253,895,802 392,437,616 398,112,616 Real estate & resources 288,658,000 345,866,443 233,373,285 352,493,815 Absolute return 619,738,467 699,759,270 528,942,197 712,348,366 Private equity 361,108,037 419,974,887 300,599,833 390,341,923 Due (to)/from brokers, net (346,397) (328,429) 890,201 892,545 Total $ 2,451,710,563 $ 2,630,632,644 $ 2,347,207,734 $ 3,136,409,441
Included in the table above is accrued investment income of $1,698,259 and $2,230,552 at Septem- ber 30, 2008 and 2007, respectively.
At September 30, 2008, the Corporation had unfunded capital commitments of approximately $813.2 million in various limited partnership investments.
During the reporting period, the Corporation received distributions of marketable securities with a total fair value of approximately $3.8 million from limited partnerships.
In certain cases, the Corporation uses swap contracts to invest in real estate limited partnerships. As of September 30, 2008, the fair value of these swaps, which are included in investments, was approximately $4.3 million. Swap contracts are subject to off-balance sheet risk mainly due to the credit risk arising from the potential inability of the counterparty of the swap to perform under the terms of the contract. Based on the specific structuring of these swap contracts, the Corporation’s exposure to credit risk associated with counterparty nonperformance is limited to the unrealized gain on each contract. To reduce this risk, the Corporation only enters into swaps with major U.S. broker-dealers. Notes to Financial Statements September 30, 2008 and 2007
Subsequent to year end, the credit and liquidity crisis in the United States and throughout the global financial system has resulted in substantial volatility in financial markets and the banking system. These and other economic events have a significant adverse impact on investment portfolios. As a result, the Corporation’s investments have likely incurred a significant decline in fair value since September 30, 2008.
() Fixed assets: Fixed assets are composed of the following at September 30, 2008 and 2007:
2008 2007 Leasehold improvements $ 4,195,460 $ 4,195,460 Furniture and equipment 3,909,056 3,638,808 58 8,104,516 7,834,268 Less accumulated depreciation and amortization (7,489,138) (7,383,356) Total $ 615,378 $ 450,912
() Taxes: The Corporation is liable for federal excise taxes of two percent of its net investment income, as de- fined, which includes net realized capital gains, for the year. However, this tax is reduced to one per- cent if certain conditions are met. The Corporation did not meet the requirements for the reduced tax in either 2008 or 2007. Therefore, current taxes are estimated at two percent of net investment income, as defined, for 2008 and 2007.
Deferred taxes represent two percent of unrealized appreciation of investments at September 30, 2008 and 2007, as qualification for the one percent tax is not determinable until the fiscal year in which gains are realized. No deferred taxes are provided for unrelated business income on unreal- ized appreciation, as such amount cannot be estimated.
During 2008 and 2007, the Corporation had unrelated business income of $18,371,100 and $1,173,100, respectively, from certain investment partnership activities. Federal and state taxes of $5,550,000 in 2008 and $599,900 in 2007 on this income are calculated using applicable corpo- rate tax rates and are included in the provision for taxes. In 2007, the Corporation also provided for estimated taxes of approximately $11,000,000 arising on unrealized gains in certain investment partnerships that were considered to be realized excise and unrelated business income for federal and state tax purposes.
The Corporation paid federal excise taxes of $8,650,000 in 2008 and $5,067,000 in 2007. The Corporation also paid federal and state unrelated business income taxes of $19,719,500 in 2008 and $1,300,000 in 2007. Notes to Financial Statements September 30, 2008 and 2007
() Benefit plans: The Corporation purchases annuities for qualifying employees under the terms of a noncontribu- tory, defined contribution retirement plan with Teachers Insurance and Annuity Association and College Retirement Equities Fund. Retirement plan expense for the years ended September 30, 2008 and 2007 was $1,264,300 and $1,167,800, respectively.
In addition, the Corporation has a noncontributory defined benefit annuity plan to supplement the basic plan described above. This plan is also administered by Teachers Insurance and Annuity As- sociation and College Retirement Equities Fund. Contributions to this plan are based on actuarial calculations. No contribution was required in 2008 or 2007. At December 31, 2007, the assets of the plan exceeded the actuarial present value of accumulated plan benefits by approximately $842,200. Accumulation of benefits under this plan has been frozen effective April 1, 2007. In addition, the Corporation provides certain medical benefits to its retirees. The cost of providing 59 these benefits was $332,400 in 2008 and $259,300 in 2007, on a pay-as-you-go basis.
() Leases: The Corporation occupies office space at 437 Madison Avenue under a lease agreement expiring December 31, 2013.
The following is a schedule of the future minimum lease payments at September 30, 2008.
Fiscal year ending September 30 Amount 2009 $ 1,693,000 2010 1,693,000 2011 1,693,000 2012 1,693,000 2013 1,693,000 2014 425,000 Total $ 8,890,000
Rental expense for 2008 and 2007, including escalations, was $1,960,200 and $1,866,800, respectively.
() Subsequent Event: In January 2009, the Corporation entered into an agreement with Bank of America for the provision of a line of credit of $50 million, available for grant funding and administrative expenses.
61
Report on Administration REPORT ON ADMINISTRATION
Fiscal 2008: The Year in Review Elected to serve on the investment manage- Board and Committees ment committee were Pedro Aspe, Norman Pearlstine, Janet Robinson, Kurt Schmoke and Annual elections were held at the December 6, Geoffrey Boisi (through December 4, 2008), 2007, board meeting. The trustees re-elected elected chair by committee members. Governor Thomas Kean as chairman and Sec- Elected to serve on the committee on retary Richard Riley as vice-chairman. trustees were Bruce Alberts (through Decem- Kofi Annan, former Secretary-General of ber 4, 2008), Richard Brodhead, Dr. Susan the United Nations joined the board of trustees Hockfield, Admiral William Owens (through as of December 6, 2007. March 6, 2008), Secretary Richard Riley and Governor James Hunt (through December 4, The board elected members to serve on 2008), elected chair by committee members. various committees for calendar year 2008. The Corporation’s standing committees were Elected to serve on the audit committee constituted as follows: were Governor James Hunt (through Decem- ber 4, 2008), Norman Pearlstine, Thomas Elected to serve on the planning and fi- Pickering and Pedro Aspe, elected chair by nance committee were Geoffrey Boisi (through committee members. December 4, 2008), Dr. Amy Gutmann, Kurt Schmoke and Janet Robinson, elected chair by Both Governor Thomas Kean, chairman of committee members. the board, and Vartan Gregorian, president of the Corporation, serve ex officio on all standing committees. Membership on the ad hoc com- Board Actions mittee on compensation includes Thomas Kean, chairman of the board, Richard Riley, vice At the board meeting on March 6, 2008, chairman of the board, Geoffrey Boisi, chair- the trustees resolved to accept a gift of $30 man of the investment committee (through million from an individual who wished to December 4, 2008) and Janet Robinson, chair remain anonymous. The trustees authorized of the planning and finance committee. the president to appropriate those funds in a manner consistent with the Corporation’s mis- The board also elected members to three sion and the donor’s general intent.The grants program committees. Elected to the Interna- supported small- and medium-sized arts and tional Program were Bruce Alberts, Geoffrey cultural institutions and social services provid- Boisi (through December 4, 2008), Fiona ers throughout New York City. It was the 6th Druckenmiller (through June 12, 2008), Ana year the Corporation received the anonymous Palacio, Norman Pearlstine, Thomas Pickering, donor’s gift. Richard Riley and Janet Robinson. Elected to the National Program were Pedro Aspe, Rich- ard Brodhead, Amy Gutmann, Susan Hock- Milestones 63 field, James Hunt (through December 4, 2008), William Owens (through March 6, 2008) and During fiscal year 2008, there were a number Kurt Schmoke. Elected to the Special Initia- of staff changes as the Corporation recog- tives program committee was Geoffrey Boisi nized professional growth with promotions (through December 4, 2008), Fiona Druck- and welcomed new people to the foundation. enmiller (through June 12, 2008), Norman Appreciation was also expressed to departing Pearlstine, Richard Riley and Janet Robinson. staff members.
At the March 6, 2008 board meeting, The following individuals joined the Cor- Admiral William A. Owens retired from the poration in fiscal year 2008: board. The minute of appreciation read, in part: “You embody the qualities that make Omotade Aina, Program Director, Higher America great… On the occasion of your final Education in Africa; Elina Alayeva, Admin- meeting as a trustee of Carnegie Corporation, istrative/Research Assistant; Rebecca Berne, your colleagues on the board thank you for Assistant to the President, Communication nearly eight years of service…” Coordinator; Sarina Cipriano, Grants Man- ager; Azzurra Cox, Administrative Assistant; The first four-year term of Ms. Fiona Alsu Feiskhan, Administrative Assistant; Heidi Druckenmiller ended at the conclusion of the Hoogerbeets, Assistant to the President, Re- June 12, 2008 trustee meeting and Ms. Druck- search Projects; Manami Kano, Urban League enmiller declined her second term of board Intern in the National Program; William service, because of personal demands. Louis, Financial Analyst; Anne Montesano, Project Assistant; Carl Robichaud, Program Officer, International Peace and Security; Da- mon Roundtree, Mail Clerk/Office Assistant; Rebecca Zinn, Investment Information Co- ordinatorThe following individuals expanded twenty years of service; and Deana Arsenian, their responsibilities in fiscal year 2008: Vice President, International Program Coordi- nation and Program Director, Russian Higher Claudia Fritelli was promoted to Program Education and Eurasia; and Vartan Gregorian, Officer in the International Program; Barbara President, were recognized for ten years of Gombach was promoted from Program As- services. sociate to Project Manager in the National Pro- gram; Patricia Moore Nicholas was promoted from Program Associate to Project Manager in the International Program; Kaveri Vaid assumed new and expanded responsibilities as a Program Assistant for the National Program; Nils Bryant was promoted to Associate Direc- tor of Investments; Carolyn Bido was pro- moted to Grants and Records Assistant; Terry Welch was promoted to Executive Assistant; and Shana Sorhaindo was promoted from 64 Grants/Records Assistant to Grants Associate.
The following individuals retired from the Corporation in fiscal year 2008:
Dan Fallon, Director, Higher Education; Dorothy Delman, Administrative Assistant; Edward Sermier, Vice President, Chief Ad- ministrative Officer and Corporate Secretary, Director, Program Evaluation; and Loretta Graff, Human Resources Associate.
The following individuals resigned from the Corporation in fiscal year 2008:
Patricia Yee, Administrative Assistant; Adam Liebling, Grants Manager; Anne McKissick, Database Administrator/Systems Analyst; Heather McKay, Program Associate, Carnegie Scholars; Niles K. Bryant, Associate Director of Investments; and Everod Nelson, Staff Assistant, Public Affairs.
The following individuals were recognized for their years of service at the Corporation:
Gladys McQueen, Records Manager and Patricia Rosenfield, Program Director, Carnegie Scholars Program, recognized for
66
Report on Investments Investments in assets—private private charterThe Corporation’s directsits emerging markets, were down 24.6 percent thefor twelve ending months September 30, 2008. Outperformance the of global equity benchmark 2.6 by percent provided little con- this for solation value. of severe erosion equity and real private estate—helped the port- modestlyfolio during the fiscal returning year, and 2.2 percent,-2.9 respectively. However, we expect private valuations to decline severely going forward as they are marked-to-market by the general partners, so there is comfort no in per- these results. short-term The Corporation’s formance asset by class is right. shown above trustees to establish an investment policy that is designed to preserve the in endowment per- petuity, maintaining purchasing power net of spending time long a horizon. over While the During the fiscal year ending September 30, market2008, value the declined Corporation’s billion percent, to $2.63 from $3.07 9.9 by billion. In light the of severe market downturn beginningin January 2008, and the ravages of was Lehman 2008 when Brothers September forced bankruptcy into and Fannie Mae and receiv- government into MacFreddie were put thisership, result is disappointing sur- not but prising. With the equity world market down this for percent twelve-month period,25.6 as measured in dollars, percent 10 a loss “only” of appears respectable.diver- The Corporation’s sification helped protect capital, as allocations to high-quality fixed income securities (8.5%), return and absolute strategies cash (1.5%) percent, and –2.1 3.5 returned 11.2, (25.0%) therespectively, for fiscal year. The Corpora- for largely responsible is portfolio equity tion’s the poor results, as global equities, including Annual Report—Fiscal 2008 Report—Fiscal Annual REPORT ON INVESTMENTS the past decade, for example, the Corporation Carnegie Corporation of New York Fiscal Year Performance grew at a real rate of 3.2 percent, despite spend- Period Ending September 30, 2008 ing almost $1 billion. Over the past twenty Composite –9.9% years, results are comparable, at 3.0 percent real growth. These results are described in Developed Markets –24.7% detail in the table below. Emerging Markets –24.6% Poor results over the past several months Fixed Income and Cash 10.4% have caused the institutional investment Absolute Return –2.1% community to question whether investments in alternative assets have been beneficial. The Private Equity –2.9% Corporation’s portfolio speaks loudly and Private Real Estate 2.2% conclusively on this point: alternatives have Benchmarks: added enormous value. Witness the returns by asset class for the decade ending September S&P 500 –30.0% 30, 2008, in which bonds, as measured by the MSCI World –25.6% Barclays Capital US Aggregate Index, beat MSCI Emerging Markets –32.9% stocks on an annualized basis, at 5.2 versus 3.1 68 percent for the S&P 500 and 4.3 percent for Barclays Capital US Aggregate 3.7% the MSCI World Equity Index. As portrayed 60% MSCI World/40% Barclays US Agg –13.9% by the data, on the next page, alternative asset classes—absolute return, private equity and Corporation clearly did not meet this goal dur- private real estate—generated positive double- ing the fiscal year, over the past one and two digit annualized returns. One pleasant surprise decades it has done quite well in this regard is the robust result of emerging markets equity, because of strong investment results, low infla- in which the MSCI Emerging Markets Index tion and reasonable levels of spending. During returned 14.8 percent per annum, which is the
Historical Returns, Spending and Market Value ($MM) As of September 30, 2008 1 Year 10 Years 20 Years Annualized Return –9.9% 11.2% 11.7% Spending % 5.3% 4.7% 5.2% Net of Spending –14.3% 6.2% 6.1%
Annualized Inflation 4.9% 2.9% 3.1% Real Growth –18.3% 3.2% 3.0% Beginning MV $ 3,070 $ 1,440 $ 806 Ending MV $ 2,630 $ 2,630 $ 2,630 Total Spending $ 152 $ 969 $ 1,596 investments, we plan to stay the course to the Carnegie Corporation of New York Annualized Performance best of our ability. It is heartening to keep Ten Years Ending September 30, 2008 in mind the results of the past two decades Composite 11.1% decade, in which the Corporation’s assets have grown in real terms, providing strong support Developed Markets 8.1% for our mission, “to promote the advancement Emerging Markets 16.7% and diffusion of knowledge and understand- Fixed Income (including cash) 6.5% ing,” Fiscal 2009 is proving to be extremely challenging, a year in which no country, sec- Absolute Return 11.3% tor or individual is immune from the global Private Equity 20.9% financial crisis. Despite the short-term stress on the portfolio due to severe market declines, Real Estate 15.1% we plan to stay the course. The Corporation’s Benchmarks: twenty year track record of success has been S&P 500 3.1% generated by diversification, superior manager selection, a value orientation and a long invest- MSCI World 4.3% 69 ment horizon, an approach that we expect to MSCI Emerging Markets 14.8% continue for the next several decades. Barclays Capital US Aggregate 5.2% 60% MSCI World/40% Barclays US Agg 4.6%
highest among all the investable world public indices. Yet the Corporation’s emerging mar- kets portfolio did even better, at 16.7 percent per annum, thanks to early commitments to frontier markets in Africa, where public equities are highly inefficient and attractively valued.
Post Fiscal Year Results
The ravages of massive global deleveraging, the fragile banking system in the United States and Europe and the subprime housing market collapse caused world markets to decline sharp- ly in October and beyond. The Corporation’s marketable portfolio suffered a loss of 10.9 per- cent in October alone, with equities dropping 19.7 percent. Consequently, the Corporation’s assets are substantially impaired relative to the fiscal year end valuations. Despite liquid- ity pressures on the portfolio due to budgeted spending for grants and capital calls for private
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Trustees Trustees*
Thomas H. Kean, CHAIRMAN Richard H. Brodhead President President THK Consulting, LLC Duke University Route Allen Building, Box PO Box Durham, NC - Far Hills, NJ - Fiona Druckenmiller Richard W. Riley, VICE CHAIRMAN Carnegie Corporation of New York Senior Partner Madison Avenue, th Floor Nelson, Mullins, Riley & Scarborough, LLP New York, NY Poinsett Plaza, Suite South Main Street Amy Gutmann Greenville, SC - President University of Pennsylvania Bruce M. Alberts College Hall 72 Professor Philadelphia, PA - Department of Biochemistry and Biophysics University of California, San Francisco Susan Hockfield -th Street, Genentech Hall N President San Francisco, CA - Massachusetts Institute of Technology Massachusetts Ave Kofi A. Annan Cambridge, MA Chairman Alliance for a Green Revolution in Africa James B. Hunt, Jr. Villa Rigot Partner Avenue de la Paix Womble, Carlyle, Sandridge & Rice Geneva Fayetteville Street Mall, Suite Switzerland PO Box Raleigh, NC Pedro Aspe Chairman & Chief Executive Officer William A. Owens Protego Asesores Financieros Carnegie Corporation of New York Manuel Avila Comacho , Piso Madison Avenue, th Floor Colonia Lomas de Chapultepec New York, NY Mexico, D.F. Ana Palacio Geoffrey T. Boisi Senior Vice President and Chairman & Senior Partner World Bank Group General Counsel Roundtable Investment Partners LLC The World Bank Park Ave Room MC- New York, NY H Street, NW Washington, DC
*Through December 1st 2008 1 As of December 2008 2 As of December 2008 3 As of December 2008 Norman Pearlstine Senior Advisor The Carlyle Group Madison Ave New York, NY
Thomas R. Pickering Vice Chairman Hills & Company th Street, NW Second Floor, North Building Washington, DC
Janet Robinson President and Chief Executive Officer The New York Times Company Eighth Avenue, th Floor New York, NY 73
Kurt L. Schmoke Dean Howard University School of Law Van Ness Street, NW Washington, DC
Raymond W. Smith Chairman Verizon Ventures North Courthouse Road, th Floor Arlington, VA
Warren Christopher, HONORARY TRUSTEE
Helen Kaplan, HONORARY TRUSTEE
Newton N. Minow, HONORARY TRUSTEE
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Staff Staff*
Omotade Aina, PROGRAM DIRECTOR, Lynn DiMartino, EXECUTIVE ASSISTANT HIGHER EDUCATION IN AFRICA Jeanne D’Onofrio, CHIEF OF STAFF Elina Alayeva, ADMINISTRATIVE/RESEARCH ASSISTANT Paula Douglas, EXECUTIVE ASSISTANT Patricia Aquino-Macri, EXECUTIVE ASSISTANT Sa’uda K. Dunlap, ADMINISTRATIVE ASSISTANT Deana Arsenian, VICE PRESIDENT, INTERNATIONAL Karin P. Egan, PROGRAM OFFICER, PROGRAM COORDINATION AND PROGRAM DIRECTOR, EDUCATION DIVISION RUSSIAN HIGHER EDUCATION AND EURASIA
Erika Espinal, STAFF ASSISTANT Rookaya Bawa, PROGRAM OFFICER; MANAGER, AFRICAN LIBRARIES PROJECT Daniel Fallon, CHAIR, PROGRAM DIRECTOR, HIGHER EDUCATION Rebecca Bern, ASSISTANT TO THE PRESIDENT, COMMUNICATIONS COORDINATOR Adrienne Faraci, COMMUNICATIONS COORDINATOR
STAFF ASSISTANT 76 Carolyn Bido, Ruth Frank, OFFICE MANAGER Ellen Bloom, VICE PRESIDENT, HUMAN RESOURCES, Alsu Feiskhan, ADMINISTRATIVE ASSISTANT IT AND OFFICE SERVICES Claudia Frittelli, PROGRAM OFFICER, Rick Brown, NETWORK SPECIALIST AFRICAN HIGHER EDUCATION
K. Niles Bryant, SENIOR INVESTMENT ASSOCIATE Veronica M. Garwood, EXECUTIVE ASSISTANT
Michele Cahill, VICE PRESIDENT, NATIONAL Barbara Gombach, PROJECT MANAGER, PROGRAM COORDINATION AND DIRECTOR OF URBAN EDUCATION DIVISION
EDUCATION Loretta Graff, HUMAN RESOURCES ASSOCIATE Rose Marie Chin, RECEPTIONIST AND PRESIDENT SWITCHBOARD OPERATOR Vartan Gregorian,
Kimberly Hafner, ADMINISTRATIVE ASSISTANT Sarina Cipriano, GRANTS MANAGER
Michelle Han, EXECUTIVE ASSISTANT Denise A. Clare, CONTROLLER
Loretta Harris, DIRECTOR OF INFORMATION SYSTEMS Deborah Cohen, ADMINISTRATIVE ASSISTANT
Andrés Henríquez, PROGRAM OFFICER; MANAGER, Azurra Cox, ADMINISTRATIVE ASSISTANT ADOLESCENT LITERACY PROJECT Maude Darucaud-Bates, INFORMATION SYSTEMS ASSISTANT TO THE PRESIDENT, SUPPORT SPECIALIST Heidi Hoogerbeets, RESEARCH PROJECTS Natasha Davids, EXECUTIVE ASSISTANT Meredith Jenkins, DIRECTOR OF PRIVATE EQUITY Stephen J. Del Rosso, Jr., PROGRAM DIRECTOR, PROGRAM OFFICER; INTERNATIONAL PEACE AND SECURITY Andrea Johnson, MANAGER WOMEN’S SCHOLARSHIP IN AFRICA PROJECT Dorothy L. Delman, ADMINISTRATIVE ASSISTANT
* As of December 2008 1 As of July 2008 2 As of February 2008 3 As of June 2008 Ambika Kapur, PROGRAM ASSOCIATE, Gregory Rozolsky, FINANCIAL ANALYST JOURNALISM INITIATIVE AND DISSEMINATION PROGRAM Robert J. Seman, DIRECTOR OF FINANCE Susan King, PRESIDENT, EXTERNAL AFFAIRS; Edward Sermier, VICE PRESIDENT, DIRECTOR, JOURNALISM INITIATIVE, CHIEF ADMINISTRATIVE OFFICER AND CORPORATE SPECIAL INITIATIVES AND STRATEGY SECRETARY; DIRECTOR OF PROGRAM EVALUATIONS Jean R. Laraque, SENIOR ACCOUNTANT Ronald Sexton, LIBRARIAN AND ONLINE RESEARCHER Eleanor Lerman, DIRECTOR OF PUBLIC AFFAIRS June Shand, EXECUTIVE ASSISTANT AND PUBLICATIONS
Svetlana Shenker, ACCOUNTS PAYABLE COORDINATOR Ariane Leung, EXECUTIVE ASSISTANT D. Ellen Shuman, VICE PRESIDENT AND Kim Y. Lew, DIRECTOR OF INVESTMENTS CHIEF INVESTMENT OFFICER Adam D. Liebling, GRANTS MANAGER LaShawn Smith, ADMINISTRATIVE ASSISTANT William Louis, FINANCIAL ANALYST Shana Sorhaindo, GRANTS ASSOCIATE Geraldine P. Mannion, PROGRAM DIRECTOR, George Soule, MANAGER OF U.S. DEMOCRACY AND SPECIAL OPPORTUNITIES FUND STRATEGIC COMMUNICATIONS 77 Heather S. McKay, PROGRAM ASSOCIATE Li Tan, SENIOR INVESTMENT ASSOCIATE CARNEGIE SCHOLARS
Karen Theroux, EDITOR/WRITER Anne McKissick, DATABASE ADMINISTRATOR AND SYSTEMS ANALYST Rikard Treiber, ASSOCIATE CORPORATE SECRETARY AND DIRECTOR OF GRANTS MANAGEMENT Gladys D. McQueen, RECORDS MANAGER Kaveri Vaid, PROGRAM ASSISTANT Talia Milgram-Elcott, PROGRAM OFFICER, URBAN EDUCATION Valerie Vitale, EXECUTIVE ASSISTANT
Anne Montesano, PROJECT ASSISTANT Terry Welch, ADMINISTRATIVE ASSISTANT
Everod L. Nelson, STAFF ASSISTANT Hillary Wiesner, PROGRAM DIRECTOR, ISLAM INITIATIVE Patricia Moore Nicholas, PROJECT MANAGER, INTERNATIONAL PEACE AND SECURITY Sara K. Wolpert, EXECUTIVE ASSISTANT
Patricia Pagnotta, EXECUTIVE ASSISTANT Patricia C. Yee, ADMINISTRATIVE ASSISTANT
Carmella A. Richards, ADMINISTRATIVE ASSISTANT Rebecca Zinn, INVESTMENT INFORMATION COORDINATOR José A. Rivera, OFFICE SERVICES COORDINATOR David A. Hamburg, PRESIDENT EMERITUS Carl Robichaud, PROGRAM OFFICER
Patricia L. Rosenfield, PROGRAM DIRECTOR, CARNEGIE SCHOLARS
Damon Roundtree, MAIL CLERK/OFFICE ASSISTANT
4 As of January 2008 5 As of July 2008 6 As of March 2008 7 As of September 2008 8 As of October 2007