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Individuals, Families Honored With Carnegie Medal of Philanthropy

The Carnegie UK Trust: September 22, 2011— The recipients of the Carnegie Medal of Philanthropy, which recognizes those who use their private wealth for the public good, were announced on September 22 by the Carnegie UK Trust, on behalf of the international family of Carnegie institutions.

The philanthropic activities of this year's Carnegie medalists span the globe and include support for education, science, entrepreneurship and the arts. This year's recipients are: Her Highness Sheikha Moza bint Nasser, Chairperson of the Qatar Foundation for Education, Science Community Development and one of Forbes' 100 Most Powerful Women; Sir Tom Hunter, the British entrepreneur who the Sunday Times of London called Scotland's first home-grown billionaire; Dr. James Harris Simons—along with his wife, economist Dr. Marilyn Simons—the American mathematician who founded one of the world's most successful hedge fund companies; Dr. Dmitry Zimin, the founder of the second largest telecom business in Russia; and Dame Janet Wolfson de Botton DBE on behalf of the Wolfson family, founders of the Wolfson Foundation.

About Andrew Carnegie

Born in 1835, Andrew Carnegie became a self-made millionaire. After selling his steel empire at the beginning of the 20th century, he devoted his life to philanthropic work, giving away the bulk of his great fortune. Today, he is widely viewed as the founding father of modern-day, strategic philanthropy.

Carnegie believed that the man who dies rich dies disgraced. He believed that the wealthy were merely stewards of their money—morally required to use it for the good of society. By the time of his death in 1919, Carnegie had been true to his convictions: he had invested some $350 million—nearly all of his fortune—to advance education, science, culture, international peace, and to recognize the heroism of outstanding individuals. More than a century later, 23 not for profit organizations, created by Carnegie’s philanthropy and carrying his name continue his mission the globe over. Andrew Carnegie left a legacy of good will and giving—a legacy evident, in part, in the subsequent generations of philanthropists who, like the 2011 Carnegie Medal of Philanthropy recipients, have followed in his path.

For more information about the 2013 Carnegie Medal of Philanthropy, visit: http://www.andrewcarnegiesinternationallegacy.org/ or follow on Twitter @carnegiecorp,

 

 

Pierre Omidyar unveiled as keynote speaker.

Pierre Omidyar, the entrepreneur and philanthropist best known as the founder and chairman of eBay, will be the keynote speaker at the highly prestigious worldwide Carnegie Medal of Philanthropy ceremony this October.

Often described as the ‘Nobel Prize for philanthropy’, the Carnegie Medal is only awarded biannually to the world’s leading philanthropists. Previous winners include New York Mayor Michael Bloomberg, the Gates Family, the Sainsbury Family, Ted Turner and Sir Tom Farmer CBE. The Medal is awarded by the Carnegie Corporation of New York and the network of charitable organisations Andrew Carnegie endowed in America, and across the world, including the Carnegie UK Trust.

Vanity Fair: Giving Legends.

thumbnailThis article was posted in the January 2012 issues of
Vanity Fair.  Read full article
 

CARNEGIE CORPORATION OF NEW YORK ANNOUNCE DATES FOR THE 2013 CARNEGIE MEDAL OF PHILANTHROPY

 2013 Carnegie Medal of Philanthropy will be held in Scotland:

October 14 – 18, 2013

Four families honored with Carnegie Medal for 'enlightened giving'

20071018rd medal01_500They were lauded for giving hundreds of millions of dollars for causes ranging from education to the sciences, in places that stretch from Pittsburgh to India.

But the four recipients of the Carnegie Medal of Philanthropy did not take the opportunity to pat themselves on the back yesterday. Rather, Eli Broad and representatives of the Heinz, Mellon and Tata families said they were happy to have helped where they could, and two of the honorees called for others to give, even in increments as small as $25.

This was the first time that the awards named for industrialist and philanthropist Andrew Carnegie were given in Pittsburgh, where he made his fortune. Former NBC newsman Tom Brokaw served as master of ceremonies, and former President Bill Clinton provided videotaped congratulations.

"Never have so many people accumulated such great wealth," Mr. Brokaw said, referring to capitalists around the world. "And with great wealth, of course, comes great moral responsibility."

The public ceremony, wrapping up two days of events, took place at Carnegie Music Hall in Oakland. The awards are held every two years, with past recipients including the Rockefeller and Gates families. Nominations are made by more than 20 organizations bearing the Carnegie name.

Mr. Brokaw praised this year's recipients for their "enlightened giving" and called them "role models" of philanthropy. At least two of the four are no strangers to Pittsburghers, who are daily exposed to buildings and programs bearing the names "Heinz" and "Mellon."

Teresa Heinz accepted the award for the descendants of ketchup magnate H.J. Heinz. The Heinz Endowments and Heinz Family Philanthropies have invested in the arts, the environment, health and education, including the Pittsburgh Public Schools.

In 1995, the family made a $20 million gift to establish the H. John Heinz III Center for Science, Economics and the Environment in Washington, D.C. The center was named for Ms. Heinz's first husband, the U.S. senator who died in a 1991 plane crash.

James R. Mellon II accepted the award for descendants of Andrew W. Mellon, a Pittsburgh industrialist and banker who began his family's tradition of philanthropy more than 70 years ago.

The National Gallery of Art and National Portrait Gallery in Washington, D.C., began with the donation of Andrew Mellon's personal collection. His descendants have supported land conservation, the arts and education through a variety of outlets, including Carnegie Mellon University and the Pittsburgh-based Richard King Mellon Foundation.

James Mellon yesterday recalled Andrew Carnegie's warning that "the man who dies rich dies disgraced," and said he was loath to accept credit for distributing "surplus wealth." Instead, he thanked those who oversee family foundations, saying their professionalism helps to make the most of the Mellon largesse.

With more than $2 billion in assets, the Los Angeles-based Broad Foundations focus on education, the arts and scientific research. Mr. Broad has made urban education a special priority, helping to train superintendents -- including the Pittsburgh Public Schools' Mark Roosevelt -- and providing millions of dollars to troubled school districts for scholarships and other programs.

Ratan Tata, chairman of Tata Sons, based in Mumbai, India, accepted the award for a family that began supporting science, medicine, health, arts and children's programs in the developing country in the 19th century. The former president of India, A. P. J. Abdul Kalam, presented the award.

Mr. Tata reminded the crowd that a "large majority" of men and women "live below the poverty line, particularly in the part of the world I live in." He said his family was pleased to have helped in a "small way" and would continue its efforts.

At a news conference after the awards ceremony, Mr. Tata and Ms. Heinz said a higher percentage of wealthy people around the world should contribute to philanthropic causes. Mr. Tata said the extra assistance was particularly needed in developing countries, and Ms. Heinz said a spirit of giving should be inculcated in young people, even if they can give only $25 at a time.

"There is power in that," she said.

Mr. Broad made a distinction between charity and philanthropy. Instead of waiting for grant applications, he said, his foundations seek out worthy causes and support those likely to give society a return on the investment.

"We see ourselves as venture philanthropists," he said.

Carnegie Corporation of New York 2011. All Rights Reserved.