COMMON MAPS
Map version new-york activity top-down
Main site Contact
Menu
↑ parent activity group ·
research dossier

CARNEGIE CORPORATION OF NEW YORK

New York, NY · EIN 131628151 · Form 990PF · FY2023 · NTEE B124 · Education · Very Large (>$50M)
revenue
$330.1M
expenses
$62.8M
net assets
$4.4B
employees
profile · synthesized from sources

Carnegie Corporation of New York is a private foundation advancing education and democratic governance through strategic grantmaking. It supports initiatives in K–12 education reform, higher education in Africa, civic innovation, and local journalism. Established by Andrew Carnegie, it continues to focus on knowledge advancement and institutional strengthening globally.

named programs · 6 · from sources

What they call their work

Building a New Generation of Academics in Africa (BANGA-Africa)
Supports doctoral and early-career fellowships at partner universities across Africa to strengthen academic capacity
Carnegie African Diaspora Fellowship Program
Facilitates collaboration between African diaspora scholars and institutions in Africa through fellowships and academic partnerships
Four Freedoms Fund
Donor collaborative advancing immigrant civic integration and policy reform at the state level
OpenSciEd
Funds the development and dissemination of high-quality, open-source K–12 science education curricula
Press Forward
National initiative to improve local news coverage through funding and capacity-building for journalism organizations
State Infrastructure Fund
Supports nonpartisan voter engagement and civic infrastructure at the state level through a donor collaborative
activities · 9 groups

What they do

  • University-Specific Endowment and Program Funding 2 activities
    • Funding doctoral and early-career fellowships in Africa
      Funds doctoral and early-career fellowships in Africa through the University of Ghana, expanding to four partner universities in the region under BANGA-Africa Phase 4.
    • Funding emerging academic leadership and humanities institutes in Africa
      Funds the Developing Emerging Academic Leaders (DEAL) program and the Institute for Humanities in Africa (HUMA) at the University of Cape Town.
  • Multi-Institution Scholarship Funding 1 activity
    • Funding academic diaspora fellowship programs
      Funds the Carnegie African Diaspora Fellowship Program through the Institute of International Education.
  • Agricultural Grantmaking and Funding Programs 1 activity
    • Funding agricultural research fellowships for women
      Funds doctoral and postdoctoral fellowships focused on women and agriculture through RUFORUM.
  • General Operating Support Grants 1 activity
    • Funding civic engagement organizations
      Funds the Trust for Civic Life through Rockefeller Philanthropy Advisors for core support.
  • Medical Research Funding 1 activity
    • Funding data science research chairs in Africa
      Funds an African research chair program in data science and its applications through the African Institute for Mathematical Sciences - Next Einstein Initiative.
  • Human Rights Advocacy Funding 1 activity
    • Funding immigrant civic integration initiatives
      Funds the Four Freedoms Fund through Neo Philanthropy to support immigrant civic integration at the state level.
  • Community Foundation & United Way Support 1 activity
    • Funding local news coverage improvement
      Funds Press Forward through the Miami Foundation to improve local news coverage.
  • Teacher & Classroom Innovation Grants 1 activity
    • Funding open science education programs
      Funds OpenSciEd through the National Center for Civic Innovation to support open science education.
  • Uncategorized 2 activities
    • Funding education innovation projects
      Provides a one-time grant to NewSchools Venture Fund for project support aligned with its FY2024–2026 strategic plan.
    • Funding humanities research infrastructure
      Provides a challenge grant to the New York Public Library for core support of the Vartan Gregorian Center for Research in the Humanities.
financials · form 990PF · fy2023
revenue
Total revenue$330.10M
Contributions & grants$00%
Program service revenue
Investment income$16.56M5%
Other revenue$291.45M
expenses
Total expenses$62.82M
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$3.91M
Grants paid out$148.88M
balance sheet
Total assets$4.54B
Cash
Investments
Liabilities
Net assets$4.35B
5 years on record · 2019–2023 · YoY revenue -39.8%
leadership · form 990 part vii · fy2023

Who runs it

paid leadership · 12
NameTitleHours/wkCompensation
Jon-Michael Consalvo Chief Investment Officer (started 10/7/23) 50 $1.29M
Louise Richardson President 50 $1.15M
Nicole Howe-Buggs Chief Adminstrative Officer & Corporate Secretary 50 $709K
LaVerne Srinivasan VP, National Program and Program Director, Education 50 $593K
William Moon VP, Chief Financial Officer 50 $590K
Deana Arsenian VP, International Program, and Program Director, Russia & Eurasia 50 $576K
Mark Baumgartner Chief Investment Officer (ended 10/6/23) 50 $37K
Jean-Marie Guhenno Trustee 2 $12K
Leymah Roberta Gbowee Trustee 2 $11K
Michael Ignatieff Trustee (started 12/14/23) 2 $9K
Astrid Tuminez Trustee 2 $6K
Pedro Aspe Trustee (ended 12/14/23) 2 $4K
board members · 13
  • Ann Claire Williams — Trustee
  • Edward Djerejian — Trustee
  • Janet Robinson — Chairman (started 6/8/24)
  • John DeGioa — Trustee (ended 12/14/23)
  • Kevin Conway — Trustee
  • Kurt Schmoke — Vice Chairman (started 6/8/24)
  • Lionel Barber — Trustee (ended 12/14/23)
  • Marcia McNutt — Trustee
  • Margaret MacMillan — Trustee (started 3/7/24)
  • Maria Elena Lagomasino — Trustee
  • Mark Damazer — Trustee (started 3/7/24)
  • Martha Minow — Trustee
  • Martin Baron — Trustee
relationships · 11

Who they work with

  • African Institute for Mathematical Sciences - Next Einstein Initiative Partner — Receives funding for an African research chair program in data science.
  • Institute of International Education Inc Partner — Administers the Carnegie African Diaspora Fellowship Program.
  • Miami Foundation Partner — Receives funding to support the Press Forward journalism initiative.
  • National Center for Civic Innovation Partner — Receives funding to provide core support for OpenSciEd.
  • Neo Philanthropy Partner — Administers grants for the Four Freedoms Fund and the State Infrastructure Fund.
  • New York Public Library Partner — Receives a challenge grant for the Vartan Gregorian Center for Research in the Humanities.
  • NewSchools Venture Fund Partner — Receives a one-time grant for project support aligned with its strategic plan.
  • Regional Universities Forum for Capacity Building in Agriculture (RUFORUM) Partner — Receives support for doctoral and postdoctoral fellowships focused on women and agriculture.
  • Rockefeller Philanthropy Advisors Partner — Receives funding to provide core support for the Trust for Civic Life.
  • University of Cape Town Partner — Receives funding for DEAL and HUMA programs.
  • University of Ghana Partner — Receives final grant for BANGA-Africa Phase 4 to support doctoral and early-career fellowships.
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Donor Collaborative Model for Civic Integration
    methodology: donor_collaborative_state_level_integration
    By channeling resources through donor collaboratives at the state level, we amplify impact on immigrant civic integration because coordinated funding increases strategic alignment and reduces duplication among grantees.
  • Leveraged Challenge Grants in Humanities Research
    methodology: challenge_grants_for_humanities_research
    By using challenge grants that require matching funds, we advance humanities research because the requirement of institutional co-investment ensures sustained commitment and multiplies the impact of our grants.
  • Strengthening Local Journalism to Support Democracy
    methodology: strengthen_local_journalism_for_democracy
    By investing in national initiatives that rebuild local journalism, we strengthen democratic discourse because reliable local news fosters informed civic participation and community accountability.