Carnegie Corporation of New York
The Andrew Carnegie Foundation (formerly Carnegie Corporation of New York) is a $4.9 billion-endowed U.S. philanthropic foundation that disburses roughly $221 million annually in proactive grants across education, democracy, international peace, and libraries programs, supporting nonprofits, universities, and over 1,350 Carnegie Libraries.
- Company typePrivate
- Founded1911
- HeadquartersNew York, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Carnegie Corporation of New York does
Carnegie Corporation of New York, which rebranded to the Andrew Carnegie Foundation on June 9, 2026, is a private U.S. philanthropic foundation established in 1911 by Scottish-born industrialist Andrew Carnegie with a $135 million endowment — at the time the largest single philanthropic trust in history. Headquartered in New York City with 51-100 employees, the foundation operates as a perpetual grantmaking organization governed by a board of trustees chaired by Janet L. Robinson and led by President Dame Louise Richardson, the former Vice-Chancellor of the University of Oxford. The foundation's endowment stood at approximately $4.9 billion as of March 2026, with a FY2026 grantmaking budget of $221 million disbursed across education, democracy, and international peace programs.
The foundation runs four core program areas — Ladders of Opportunity (national education and democracy), A More Peaceful World (international peace and security), the Carnegie Libraries Program (legacy support for over 1,350 still-operating libraries), and the Andrew Carnegie Fellows Program (research fellowships up to $200,000 each, focused since 2024 on political polarization) — plus special initiatives including Great Immigrants, Great Americans (annual Fourth of July recognition of naturalized citizens, 790+ honorees from 120 countries) and Carnegie Reporter, the foundation's quarterly flagship magazine. The business model is endowment-funded grantmaking: returns on a $4.9 billion endowment underwrite an annual payout that is then deployed through a proactive model in which program staff identify and approach recipient organizations, rather than accepting unsolicited proposals.
The go-to-market is a sales-led, proactive grantmaking approach combined with curated outbound communications across carnegie.org, Carnegie Reporter, email newsletters, and social channels. Customer/grantee segments are diversified across K-12 civic education nonprofits (e.g., Sandra Day O'Connor Institute, Alliance for Decision Education, 4-H, Boys & Girls Clubs), higher education and workforce nonprofits (City Year, Basta, Utah Valley University), international research and policy partners (Sutton Trust in the UK, C&S civic engagement coalition), and a legacy network of 1,350+ Carnegie Libraries receiving $10,000 gifts through the Carnegie Libraries 250 initiative. Geographic operations span the U.S., UK, Canada, and South Africa.
Carnegie Corporation of New York firmographics
Firmographics- Name
- Carnegie Corporation of New York
- Legal name
- Andrew Carnegie Foundation
- Website
- https://carnegie.org
- Company type
- Private
- Founded year
- 1911
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- The Andrew Carnegie Foundation (formerly Carnegie Corporation of New York) is a $4.9 billion-endowed U.S. philanthropic foundation that disburses roughly $221 million annually in proactive grants across education, democracy, international peace, and libraries programs, supporting nonprofits, universities, and over 1,350 Carnegie Libraries.
- Ownership category
- akta.pro rank
Carnegie Corporation of New York industry classification
Industry- Product category
- Philanthropic Grantmaking
- NAICS
- Grantmaking Foundations (813211), Civic and Social Organizations (8134)
- akta.pro primary industry
- Private Foundations (BPAGAKAA)
- akta.pro secondary industries
- Scholarship & Fellowship Foundations and Trusts (EDADAHAC), International Grantmaking & Development Foundations (BPAGAKAH)
Keywords
Where Carnegie Corporation of New York is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Carnegie Corporation of New York business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Others, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Grantmaking from Endowment: The foundation operates as a philanthropic grantmaking organization funded by its endowment. Andrew Carnegie endowed the foundation with $135 million in 1911; today the endowment stands at approximately $4.9 billion as of March 2026. The foundation disburses approximately $221 million annually in grants supporting education, democracy, and peace initiatives.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels7 records
Carnegie Corporation of New York product offering
Product offeringCore offering
Carnegie Corporation of New York (now operating as Andrew Carnegie Foundation) is a private philanthropic foundation established in 1911 with an approximately $4.9 billion endowment. It proactively identifies and funds nonprofit organizations, universities, and public institutions through grants supporting education, democracy, and international peace initiatives. The foundation does not accept unsolicited proposals; program staff work directly with selected institutions to develop and fund multi-year projects.
Product overview
The Andrew Carnegie Foundation (formerly Carnegie Corporation of New York) is a philanthropic grantmaking organization founded in 1911 by Andrew Carnegie. Rather than a traditional technology product, the foundation operates multiple interconnected programs: the Andrew Carnegie Fellows Program provides research fellowships focused on political polarization; the Great Immigrants, Great Americans initiative celebrates immigrant contributions; Ladders of Opportunity supports national education and democracy initiatives; A More Peaceful World advances international peace efforts; and the Carnegie Libraries Program continues the founder's legacy of supporting public libraries. The foundation also publishes the Carnegie Reporter magazine and sponsors the I Love My Librarian Award. Programs work together toward the overarching goal of reducing political polarization through grants supporting education, democracy, and peace.
Differentiator
Problem solved
Functional benefit
Products and services
- Ladders of Opportunity (National Program) A national grantmaking program helping individuals achieve upward mobility and greater civic participation through education and democracy initiatives, supporting educational opportunities, election and immigration reform, and cross-partisan collaboration.
- A More Peaceful World (International Program) An international grantmaking program that advances peace by eliminating armed conflict and supporting conditions for understanding and resolving global security challenges, including implications of mass migration and the influence of non-state actors.
- Carnegie Libraries Program A legacy program supporting public libraries as sources of knowledge, social cohesion, and civic participation, providing $10,000 gifts to over 1,350 Carnegie Libraries still in operation in the United States.
- Andrew Carnegie Fellows Program A fellowship program supporting high-caliber scholarship in the humanities and social sciences, with each fellow receiving up to $200,000 grants for two-year research projects focused on political polarization.
- Great Immigrants, Great Americans An annual public awareness initiative celebrating naturalized American citizens who contribute to American society, honoring honorees every Fourth of July across academia, arts, business, journalism, medicine, philanthropy, and STEM.
- I Love My Librarian Award An annual award recognizing exceptional librarians with a $5,000 cash prize and $750 stipend for the ALA annual convention, jointly sponsored with the American Library Association and New York Public Library.
- Carnegie Reporter The foundation's flagship quarterly magazine examining social issues driving division in society and exploring ways individuals and communities are working to reduce political polarization.
- Carnegie Libraries 250 Initiative A special initiative commemorating the 250th anniversary of the Declaration of Independence, providing $10,000 gifts to over 1,350 Carnegie Libraries still in operation and featuring an interactive map of Carnegie Libraries with community stories and photographs.
Quantifiable outcome
- Tens of thousands of people benefit from the 2,500 free public libraries Andrew Carnegie funded
- +3 more outcomes
Companies that use Carnegie Corporation of New York
Customer profileNamed customers10 records
Segments6 records
Ideal customer profiles4 records
Carnegie Corporation of New York technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Carnegie Corporation of New York partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- C&S (formerly Institute for Citizens & Scholars)corePartnership to empower 20 million young people aged 14-24 to take civic actions over three years, with target of reaching 15 million through online campaign tied to U.S. semiquincentennial. C&S leads initiative informed by research on young people's barriers to civic participation.
- DoSomethingminorPartner in civic engagement initiative for Gen Z reaching young people through schools, workplaces, and college consortium of 135 members.
- U.S. Chamber of Commerce FoundationminorPartner in civic engagement initiative delivering program through schools, workplaces, and college network.
- National Foundation for American PolicyminorResearch partner providing data on immigrant founders of billion-dollar companies; report cited in Great Immigrants program documentation showing 66% of billion-dollar U.S. companies founded by immigrants or children of immigrants.
- Sutton TrustcorePartnership on research examining social mobility and higher education in the UK; led by researchers including Rachel Brooks at University of Oxford. Report finds higher education drives two-thirds of upward mobility in UK.
- Carnegie Libraries (1,350+ still operating)coreOver 1,350 Carnegie Libraries still in operation in the United States received $10,000 gifts in 2026 as part of Carnegie Libraries 250 celebration of U.S. 250th anniversary of Declaration of Independence.
- Columbian University Rare Book and Manuscript LibrarycoreFoundation's historical records housed at Columbia University's Rare Book and Manuscript Library since 1990, preserving archives including Andrew Carnegie's signature and documents.
- American Library AssociationcoreJoint sponsorship of I Love My Librarian Award since its establishment in 2008, recognizing exceptional librarians with $5,000 cash prizes.
- New York Public LibrarycoreJoint sponsorship of I Love My Librarian Award with American Library Association and Andrew Carnegie Foundation.
Scale indicators9 records
Recent moves7 records
Expansion highlights5 records
Carnegie Corporation of New York competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key highlights7 records
Customer concentration
Carnegie Corporation of New York social profiles
Digital presenceCarnegie Corporation of New York financial estimates
Financial estimateRevenue estimate
Valuation estimate
Carnegie Corporation of New York leadership team
Management profileNumber of profiles
Profiles6 records
Carnegie Corporation of New York funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Carnegie Corporation of New York M&A and investment
M&A and investmentM&A
Investments26 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Carnegie Corporation of New York
What does Carnegie Corporation of New York do?
Carnegie Corporation of New York (now operating as Andrew Carnegie Foundation) is a private philanthropic foundation established in 1911 with an approximately $4.9 billion endowment. It proactively identifies and funds nonprofit organizations, universities, and public institutions through grants supporting education, democracy, and international peace initiatives. The foundation does not accept unsolicited proposals; program staff work directly with selected institutions to develop and fund multi-year projects.
Is Carnegie Corporation of New York a public or private company?
Carnegie Corporation of New York is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Carnegie Corporation of New York founded?
Carnegie Corporation of New York was founded in 1911. It employs 101 to 250 people.
Where is Carnegie Corporation of New York based?
Carnegie Corporation of New York is headquartered in New York, United States, in the North America region.
How does Carnegie Corporation of New York make money?
One revenue line is on record: grantmaking from Endowment.
Does Carnegie Corporation of New York have an API?
No public API is recorded for Carnegie Corporation of New York.
What industry is Carnegie Corporation of New York in?
Carnegie Corporation of New York's product category is Philanthropic Grantmaking. Its primary akta.pro industry code is BPAGAKAA, Private Foundations, with a secondary code of EDADAHAC, Scholarship & Fellowship Foundations and Trusts. Its NAICS code is 813211.