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Documents for "Private Foundations":

• Carnegie Corporation of New York foundation established (1911) to administer Andrew Carnegie's remaining personal fortune for philanthropic purposes. Initially endowed with $125 million, the foundation received another $10 million...

• Commonwealth Fund foundation established (1918) by Anna M. Harkness, wife of Stephen V. Harkness, an early Standard Oil investor, "for the welfare of mankind." Its headquarters are in New York City. In 1998 its assets were estimated at over $536 million, and it dispensed nearly $23 million. Contributing in its first 20 years to the early development of...

• Dia Art Foundation American foundation that supports contemporary art and artists, est. 1974 by art dealer Heiner Friedrich and his wife, art patron Philippa de Menil. The foundation, which commissions and purchases...

• Ford Foundation philanthropic institution, established (1936) in Michigan by Henry Ford and his son, Edsel, for the general purpose of advancing human welfare. Until 1950 the foundation was involved in local philanthropic activities, mainly aiding the Henry Ford Hospital in Detroit...

• foundation institution through which private wealth is contributed and distributed for public purpose. Foundations have existed since Greek and Roman times, when they honored deities. During the Middle Ages...

• Hartford Foundation fund established (1929) by retail food merchants John A. Hartford (1872-1951) and George L. Hartford (1864-1957) of the Great Atlantic and Pacific Tea Company (A&P) as a philanthropic institution...

• Kellogg Foundation philanthropic institution established (1930) at Battle Creek, Mich., by food manufacturer W. K. Kellogg (1860-1951). Kellogg eventually gave the institution a total of $47 million, and by 1990 its...

• Kresge Foundation fund established (1924) by retail chain store owner Sebastian S. Kresge (1867-1966) as a broad-purpose philanthropic institution. The foundation describes its policy as "to favor grants providing for the maintenance, expansion, or perpetuation of existing organizations over grants which look to the establishment or initiating of new organizations or experimental projects." Prior to the middle 1960s the foundation gave most of its support to colleges and universities, hospitals, religious institutions, and child welfare agencies in Michigan and the Northeast. Since...

• Lilly Endowment, Inc. institution founded (1937) at Indianapolis, Ind., by pharmaceutical manufacturer Josiah K. Lilly (1861-1948) as a philanthropic foundation for "the promotion and support of religious, educational, or charitable purposes" ; most of its work is confined to the Midwest. The foundation is especially interested in programs designed to foster the growth and development of Christian character. It provides aid to Protestant...

• Mellon Foundation officially the Andrew W. Mellon Foundation, philanthropic trust formed (1969) through the merger of the Avalon Foundation (est. 1940 by Ailsa Mellon Bruce) and the Old Dominion Foundation (est...

• Mott Foundation philanthropic trust created (1926) by automobile executive Charles Stewart Mott (1875-1973) to support programs dealing with selected urban problems. The foundation originally concentrated most of...

• Pew Charitable Trusts philanthropic foundation established (1948) by the children of Sun Oil Company founder Joseph N. Pew (1886-1963) of Philadelphia to provide funds for "general religious, charitable, scientific, literary, and educational purposes." The trusts have traditionally supported politically conservative and evangelistic projects, including the Billy Graham Evangelistic Association and the Christian Anti-Communism Crusade. In later...

• Rockefeller Foundation philanthropic institution established (1913) by John D. Rockefeller , Sr., to promote "the well-being of mankind throughout the world." During its first 14 years the foundation received $183 million from Rockefeller. He was aided in the early years of the foundation's activities by his son John D. Rockefeller, Jr., and Frederick T...

• Sloan Foundation fund established (1934) by automobile executive Alfred P. Sloan, Jr. as a philanthropic institution supporting research in various areas. In its early years it stressed support of U.S. economic...