March 6, 2011
A Foundation’s Report on Its Failings Should Spur Reflection Among Grant Makers
Ernest H. Mills/Getty Images
The grant making approach created by Andrew Carnegie's Carnegie Corporation of New York has been called into question by one new report.
Enlarge Image
Ernest H. Mills/Getty Images
The grant making approach created by Andrew Carnegie's Carnegie Corporation of New York has been called into question by one new report.
This year marks the centenary of the Carnegie Corporation of New York, the foundation set up by Andrew Carnegie to give away the portion of his fortune he was unable to distribute—despite his best efforts—during his lifetime.
It was not the first foundation to be established but was by far the biggest; its endowment of $125-million (nearly $3-billion today) was twice the combined assets of all the nation’s other big foundations.
Along with the Rockefeller
This content is only for subscribers. You can gain access by purchasing a:
Print Subscription
Digital Subscription
Already have an account? Log In Now.
Get more great stories about the nonprofit world delivered to your inbox every weekday. 
