Carnegie Corporation of New York is one of America's oldest grantmaking foundations, established in 1911 by Andrew Carnegie. The foundation is a private, nonprofit 501(c)(3) organization headquartered in New York City with both national and international grantmaking scope. The Corporation was created to promote the advancement and diffusion of knowledge and understanding, and today focuses on reducing political polarization through philanthropic support for education, democracy, and peace.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.5B
+10.7% YoY
Annual Giving
$148.9M
+0.6% YoY
Grant Count
528
-8.2% YoY
Avg Grant Size
$282K
+9.6% YoY
Under IRS private-foundation payout rules, Carnegie Corporation of New York reported a distributable amount of $207.3M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
Andrew Carnegie endowed the Corporation with the bulk of his fortune—$135 million at its establishment. The foundation's mission centers on issues Carnegie considered most important: education, democracy, and peace.
The Corporation currently supports four key program areas:
- Education
- Democracy
- International Peace and Security
- Higher Education and Research in Africa
Additional focus areas include children and youth, immigrants and migrants, academics, graduate and professional education, teacher education, reading promotion, information and communications, libraries, elections, voter education and registration, national security, international human rights, antidiscrimination, immigrant and refugee rights, international relations, and arms control and nuclear non-proliferation.
Grantmaking
During fiscal year 2023–2024, the Corporation awarded 353 grants totaling $174 million. Typical grant awards range from $500 to $3,200,000.
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Geographic Focus
Where this funder awards grants
The Corporation's grantmaking is both national and international in scope. Funding reaches numerous cities across the United States, Africa, Europe, and the Middle East, with particular concentration in the District of Columbia, New York, and California.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of September 30, 2024:
- Total Assets: $4.54 billion
- Total Revenue: $330 million (fiscal year 2024)
- Total Expenses: $240 million (fiscal year 2024)
- Total Liabilities: $183 million (fiscal year 2024)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,536,407,530 | $4,098,600,165 | $4,065,280,317 |
| Revenue | $330,095,125 | $548,723,411 | $553,681,783 |
| Expenses | $239,728,496 | $221,107,939 | $225,206,147 |
| Qualifying Distributions | $176,957,660 | $176,099,135 | $189,316,890 |
| Net Investment Income | $181,730,686 | $405,931,350 | $518,100,030 |
| Distributable Amount | $207,304,214 | $195,226,232 | $209,946,858 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
1 open opportunity from Carnegie Corporation of New York
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include NewSchools Venture Fund ($1,362,000), Mexican American Legal Defense and Educational Fund Inc ($1,166,700), Immigrant Legal Resource Center ($1,000,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Jennifer McCoy Atlanta, GA | As a 2024 Andrew Carnegie Fellow for the project, "Mitigating Pernicious Polarization through Innovative Civic Educational Interventions" | $160,000 |
| Johanna Dunaway Washington, DC | As a 2024 Andrew Carnegie Fellow for the project, "Nationalized News Increases Polarization and Weakens Democratic Norms" | $60,000 |
| Koahnic Broadcast Corporation Anchorage, AR | For support of a nonpartisan media campaign to educate Native Americans nationally about voting rights barriers and voting | $150,000 |
| Build UP Birmingham, AL | For general support | $145,800 |
| West Alabama Works Tuscaloosa, AL | For general support | $200,000 |
| Arizona State University Foundation for A New American University Tempe, AZ | As a final grant for the McCain Institute's fellowship program for emerging African peacebuilding leaders | $190,500 |
| Arizona State University Foundation for A New American University Tempe, AZ | For core support of the Center on Reinventing Public Education | $300,000 |
| Arizona State University Foundation for A New American University Tempe, AZ | For core support of the Center for Whole-Child Education | $408,300 |
| Anaheim Union High School District Anaheim, CA | For core support to the Anaheim Collaborative | $200,000 |
| Asia Foundation San Francisco, CA | As a one-time grant for a project on China's Belt and Road Initiative in Southeast Asia | $67,100 |
Leadership & Key People
Leadership team and compensation from IRS filings
Louise Richardson joined the Corporation as the 13th president in January 2023. She previously served as vice-chancellor of the University of Oxford and the University of St Andrews, and as executive dean of the Radcliffe Institute for Advanced Study.
Janet Robinson serves as chair of the Board of Trustees.
Louise Richardson's predecessor, Vartan Gregorian, served as president for nearly 24 years.
The Corporation is governed by an independent Board of Trustees and employs 97 staff members.
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Recent News & Activity
Recent developments and announcements
The Corporation has announced multiple grant rounds supporting its priority areas. Recent collaborations include work with the YMCA of the USA to strengthen youth civic engagement nationwide. The foundation continues active grantmaking across education, democracy, international peace and security, and higher education and research in Africa.
Carnegie Corporation of New York Board Approves 50 Grants ...Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Carnegie Corporation of New York fund?
Andrew Carnegie endowed the Corporation with the bulk of his fortune—$135 million at its establishment. The foundation's mission centers on issues Carnegie considered most important: education, democracy, and peace. The Corporation currently supports four key program areas: • **Education** • **Democracy** • **International Peace and Security** • **Higher Education and Research in Africa** Additional focus areas include children and youth, immigrants and migrants, academics, graduate and profess…
How do I apply for a grant from Carnegie Corporation of New York?
During fiscal year 2023–2024, the Corporation awarded 353 grants totaling $174 million. Typical grant awards range from $500 to $3,200,000. Recent grant announcements include: • 50 grants totaling $44 million supporting initiatives in education, democracy, and related areas • $3.2 million in grants to reduce nuclear dangers • $1.3 million grant to the Institute of International Education for the Carnegie African Diaspora Fellowship Program The Corporation maintains an active grantmaking program…
Where does Carnegie Corporation of New York make grants?
The Corporation's grantmaking is both national and international in scope. Funding reaches numerous cities across the United States, Africa, Europe, and the Middle East, with particular concentration in the District of Columbia, New York, and California.
What size grants does Carnegie Corporation of New York award?
In 2024, Carnegie Corporation of New York awarded 528 grants totaling $148.9M — an average of about $282K per grant, based on its IRS Form 990 filings.
How much is Carnegie Corporation of New York required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Carnegie Corporation of New York reported a distributable amount of $207.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Carnegie Corporation of New York's EIN?
Carnegie Corporation of New York's EIN (Employer Identification Number) is 13-1628151. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Carnegie Corporation of New York's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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