...purpose of the Carnegie Corporation, created in 1911, was, according to its articles of incorporation, "the advancement and diffusion of knowledge and understanding" among the people of the United States and the British dominions and colonies. The charter of the Russell Sage Foundation (which is an act...

...Legislature at Albany to carry on the iron man's charities. The money was turned over to the corporation to promote the advancement and diffusion of knowledge...understanding among the people of the United States. Mr. Carnegie gave, too, $10,000,000 to the Carnegie Institution at Washington, to be used for general...

...deliberately designated for very general purposes. The Carnegie Corporation ($125 million) aspired "to promote the advancement and diffusion of knowledge...understanding among the people of the United States"; the Rockefeller Foundation ($182 million) sought "to promote the well-being of mankind throughout the...

...a foundation as the Russell Sage. By a special act of the New York State Legislature it was created "for the purpose of receiving and maintaining a fund, or funds, and applying the income thereof to the improvement of social and living conditions in the United States of America." To do so "it shall...

...the State of New York, The charter states the purpose of the corporation to he that of— Becelving and maintaining a fund or funds and applying the income thereof to the improvement of soclal and llving conditions in the United States of America, lt shall he within...

...Carnegie Corporation of New York is a philanthropic foundation that was created by Andrew Carnegie in 1911 to "promote the advancement and diffusion of knowledge...understanding among the people of the United States." Jules B. LaPidus President Council of Graduate Schools Trevor L. Chandler Assistant Vice Chancellor,...

...Carnegie Corporation, the last of the Carnegie trusts, 8 was endowed with $125 million and chartered "to promote the advancement and diffusion of knowledge...understanding among the people of the United States." Lagemann also states that a foundation so chartered could exercise power beyond that inherent in its...

...Senator and Mrs. Simon Guggenheim wished to use their money, which was— in the language of the Act — "for the purpose of receiving and maintaining a fund or funds and applying the same or the income thereof to promote the advancement and diffusion of knowledge and understanding...

...to charity. His widow was much more charitable, and in 1907 established the Russell Sage Foundation "for the purpose of receiving and maintaining a fund, or funds, and applying the income thereof to the improvement of social and living conditions in the United States of America." To accomplish its...

...establishing their trusts. Although Carnegie's foundation was launched with a loftier intention — "to promote the advancement and diffusion of knowledge...understanding among the people of the United States" — until very recently most of it's education funding went to grantees who better fulfilled the purposes...