Carnegie Creates Awards to Honor Philanthropists

The Carnegie Corporation of New York has announced the winners of its first Andrew Carnegie Medals of Philanthropy.

The medals this year honor seven individuals and families "who understand how modern philanthropy plays a critical role in building and sustaining our democratic institutions," said Vartan Gregorian, Carnegie's president. He said he hoped the award would come to be viewed as the philanthropic equivalent of the Nobel Prize.

This year's recipients