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1941: Carnegie Trusts

Carnegie Corporation of New York.

The Carnegie Corporation of New York, established by Andrew Carnegie in 1911, has capital assets of more than $135,000,000, and expends its annual income in grants to institutions and agencies whose activities aim at the advancement and diffusion of knowledge and understanding among the people of the United States and of the British Dominions and Colonies. During 1940-41, the corporation trustees appropriated a total of $2,706,834 for; library interests, $398,511; adult education, $566,930; fine arts and museums, $285,452; research and publication, $906,956; general educational purposes in schools, colleges, universities, etc., $548,985. The amount appropriated since 1911 totals $184,430,549.

The five other separately administered Carnegie organizations in the United States, which were founded by Mr. Carnegie for specific purposes before the establishment of the Corporation, with endowments now ranging from $10,000,000 to $30,000,000, followed their established programs described regularly in their annual reports and publications.

Carnegie Institute of Pittsburgh (1896).

The Carnegie Institute of Pittsburgh comprises a museum of fine arts, a music hall, a museum of natural history, a public library, and an associated institute of technology with a library school. The Institute of Technology reports that during 1939-40 a plan of insurance, retirement, and retirement annuities for members of the administration and faculty was adopted; a new policy of cooperative research was adopted; the Division of Student Personnel and Welfare was established; advances were made in the graduate study program; closer relations were established with industry; there was a further increase in number of applications for admission; the cooperative plan with the Westinghouse Electric and Manufacturing Company completed its second year with success; the transition from the old policy to the new in intercollegiate athletics was completed. A Survey of American Painting was presented in place of the international exhibition.

Carnegie Institution of Washington (1902).

The Carnegie Institution of Washington, devoted to scientific research, since its organization has expended $45,558,556 in its program of encouraging investigation, research and discovery, and the application of knowledge to the improvement of mankind, specifically by work in astronomy (Mt. Wilson Observatory), terrestrial magnetism, geophysics, animal and plant biology, and historical research (especially in Yucatan).

Carnegie Hero Fund Commission (1904).

The Carnegie Hero Fund Commission, established to recognize heroic acts performed in the United States of America, the Dominion of Canada, the Colony of Newfoundland, and the waters thereof, by persons the nature of whose duties in following their regular vocations does not necessarily require them to perform such acts, made 76 awards of medals, or of funds for worthy purposes, in recognition of acts of heroism, thus bringing the total number of awards since 1904 to 3,180.

Carnegie Foundation for the Advancement of Teaching (1905).

See under its own title.

Carnegie Endowment for International Peace (1910).

The Carnegie Endowment for International Peace, established to serve the purpose indicated by its name, expended its funds in efforts to further friendly understanding among the nations of the world. The study of Canadian-American relations, the findings of which have been reported in 44 volumes, published chiefly by Yale, Ryerson, and Oxford Presses, was terminated.

In addition, there are four separately endowed and locally administered Carnegie trusts in Great Britain.

Carnegie United Kingdom Trust (1913).

The Carnegie United Kingdom Trust, Dunfermline, Fife, Scotland, has an endowment of £2,000,000, the income available for improvement of the well-being of the masses of people of Great Britain and Ireland, by such means as are embraced within the meaning of the word 'charitable' according to Scottish or English law, paid out during 1940 the sum £75,244 in connection with its five-year program of aid in land settlement, rural social services, urban and general social services, music, adult education, museums and libraries. Chairman of trustees. The Rt. Hon. The Earl of Elgin and Kincardine: Secretary, Mr. James Wilkie.

Carnegie Trust for the Universities of Scotland (1901).

The Carnegie Trust for the Universities of Scotland, Edinburgh, has an endowment of £2,000,000, the income of which is to be used (a) in improving and extending opportunities for scientific study and research in the universities of Scotland, and (b) in aiding deserving and qualified youth of that country to attend, and enjoy the advantages of, those universities, assisted students to pay fees and made grants to university centers at St. Andrews, Glasgow, Aberdeen, and Edinburgh. The number of beneficiaries of former years who have since voluntarily repaid advances for class fees totaled 1,129; the amount refunded totaled £44,500, as of Sept. 30, 1940. The Secretary is James Robb, LL.D.

Carnegie Dunfermline Trust (1903).

The Carnegie Dunfermline Trust has an endowment of £750,000, the income 'to be used in attempts to bring into the monotonous lives of the toiling masses of Dunfermline more of sweetness and light,' has expended its income in maintaining and improving Pittencrief Park and Glen; in erecting its new concert hall; in continuing to support the swimming pond, gymnasium, playing field, institutes and clubs; also, in its medical welfare work. Chairman of trustees, James Currie Macbeth, B.L.; Secretary, J. W. Ormiston.

Carnegie Hero Fund Trust (1908).

The Carnegie Hero Fund Trust has an endowment of £250,000, with the same Board of Trustees as the Carnegie Dunfermline Trust, the income being used to recognize heroic acts 'in Great Britain and Ireland and the adjacent islands pertaining thereto, including the Channel Islands, and the territorial waters surrounding said countries and islands.' The Roll of heroes contains names of 4,238 persons: 1,195 widows, children, and other annuitants have been listed on the Trust Register as recipients of cash assistance. Officers are the same as for Carnegie Dunfermline Trust.

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