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Carnegie
Corporation Annual Reports
The Corporation's Spending Philosophy
The Corporation's spending policy supports a stable flow of funds
for the foundation's programs and offers a sense of security for
our grantees. The policy, which calls for spending 5.5 percent of
the average market value of the endowment during the prior 12 quarters,
dampens large swings in valuation. This helps sustain the Corporation's
grantmaking efforts in bad times as well as good, helping us fulfill
Andrew Carnegie's legacy of using private wealth for the public
good in perpetuity.
Assets
The Corporation's capital fund, originally donated at a value of about $135 million, had a market value of approximately $3.0 billion on September 30, 2007. It is expected that the Corporation's grant making will total more than $100 million during fiscal year 2007-2008.
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Combined
2004-2005
Annual Report |
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Combined
2002-2003
Annual Report |
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2001
Annual Report |
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| 2000
Annual Report |
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1999
Annual Report |
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1998
Annual Report |
ne
of Carnegie's lifelong interests was the establishment of free public
libraries to make available to everyone a means of self-educatio
2004-2005
- View
the 2004-2005 President's Essay, "Reflections on Encounters
With Three Cultures"
By Vartan Gregorian, President now.
- Download
the 2004-2005 President's Essay, "Reflections on Encounters
With Three Cultures"
By Vartan Gregorian, President now.
2004-2005
- Download
the entire Combined 2004-2005 Annual Report as a PDF file now.
2002-2003
- Download
the entire Combined 2002-2003 Annual Report as a PDF file now.
- View
the 2002-2003 President's Essay, "Transparency and Accomplishment:
A Legacy of Glass Pockets" now.
- Download
the 2002-2003 President's Essay, "Transparency and Accomplishment:
A Legacy of Glass Pockets" as a PDF file now.
2001
- Download
the entire 2001 Annual Report as a PDF file now.
- View
the 2001 President's Essay, "Islam: A Mosaic, Not a Monolith"
now.
- Download
the 2001 President's Essay, "Islam: A Mosaic, Not a Monolith"
as a PDF file now.
2000
- Download the entire 2000 Annual Report as a PDF file now.
- View the 2000 President's Essay, "Some Reflections on the Historic Roots, Evolution and Future of American Philanthropy" now.
- Download the 2000 President's Essay, "Some Reflections on the Historic Roots, Evolution and Future of American Philanthropy" as a PDF file now.
1999
- Download the entire 1999 Annual Report as a PDF file now.
- Download the 1999 President's Essay, "Strengthening Scholarship and Research in the Former Soviet Union" as a PDF file now.
1998
1997
Materials
from Previous Annual Reports
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