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Filing year 2023

CARNEGIE CORPORATION OF NEW YORK

New York, New York·EIN 13-1628151·NTEE B124 · Education·501(c)(3)
Total revenue
$330.1M
Total assets
$4.5B
Total expenses
$239.7M
Reported officers
28

Executive compensation

Form 990-PF · Part VIII · 12 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in New York.

Chief Investment Officer (started 10/7/23)
Unclassified
$1.2M
$1.3M
President
Board President
Above 90th percentile
$1M
$1.1M
Vp, National Program and Program Director, Education
Director (Operational)
Above 90th percentile
$449k
$504k
Vp, International Program, and Program Director, Russia & Eurasia
Director (Operational)
Above 90th percentile
$449k
$504k
Vp, Chief Financial Officer
Above 90th percentile
$446k
$501k
Chief Adminstrative Officer & Corporate Secretary
Board Secretary
Above 90th percentilevs Education peers nationwide
$355k
$398k
Chief Investment Officer (ended 10/6/23)
Unclassified
$16k
$18k
Trustee
Board Member
10th to 25th percentile
$12k
$14k
Trustee
Board Member
10th to 25th percentile
$11k
$12k
Trustee (started 12/14/23)
Board Member
10th to 25th percentile
$9k
$10k
Trustee
Board Member
10th to 25th percentile
$6k
$7k
Trustee (ended 12/14/23)
Board Member
Below 10th percentile
$4k
$5k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 16 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CARNEGIE CORPORATION OF NEW YORK equaled 0.5% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.5%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$148.9M

Itemized grants

529

Median grant

$200k

RecipientLocationPurposeAmount
Neo PhilanthropyNew York, NYFor core support of Four Freedoms Fund, a donor collaborative on immigrant civic integration at the state level$3M
National Center for Civic InnovationNew York, NYFor core support of OpenSciEd$2.3M
Miami FoundationMiami, FLFor core support of Press Forward, a national journalism initiative aimed at improving local news coverage$2.2M
New York Public LibraryNew York, NYAs a challenge grant for core support of the Vartan Gregorian Center for Research in the Humanities$2.1M
University of GhanaGHAs a final grant for support of doctoral and early-career fellowships with expansion to four partner universities in Ghana and the region (Building a New Generation of Academics in Africa (BANGA-Africa) - Phase 4)$1.8M
Regional Universities Forum for Capacity Building in Agriculture (RUFORUM)UKFor doctoral and postdoctoral support focused on women and agriculture$1.4M
NewSchools Venture FundOakland, CAAs a one-time grant for project support of the priorities enumerated in the FY2024-2026 strategic plan$1.4M
Institute of International Education IncNew York, NYFor the Carnegie African Diaspora Fellowship Program$1.3M
University of Cape TownSFFor Developing Emerging Academic Leaders (DEAL) and the Institute for Humanities in Africa (HUMA)$1.3M
Neo PhilanthropyNew York, NYFor core support of the State Infrastructure Fund, a donor collaborative focused on nonpartisan voter engagement$1.3M
African Institute for Mathematical Sciences - Next Einstein Initiative (RwRWFor an African research chair program in data science and its applications$1.2M
Rockefeller Philanthropy AdvisorsNew York, NYFor core support of the Trust for Civic Life$1.2M
Mexican American Legal Defense and Educational Fund IncLos Angeles, CAFor core support of the Voting Rights Litigation Working Group$1.2M
BSCS Science LearningColorado Springs, COAs a final general support grant$1.1M
Heritage and Arts FoundationSalt Lake City, UTFor support of the inaugural Utah community service fellowship program$1.1M
Carnegie Corporation of New YorkNew York, NYFor the dissemination of the Corporation's work$1M
Immigrant Legal Resource CenterSan Francisco, CAFor core support of the New Americans Campaign$1M
Columbia UniversityNew York, NYFor Columbia University's SIPA Institute of Global Politics, Inaugural Carnegie Distinguished Fellows$1M
Amalgamated FoundationWashington, DCFor core support of BuildUS, a collaborative fund aimed at ensuring federal funds are invested in local communities$1M
iCivics IncCambridge, MAFor core support for the CivXNow Coalition$875k
Columbia UniversityNew York, NYAs a final grant for a project to the Center for Public Research and Leadership to finalize the Curriculum Implementation Change Framework resources and conduct a research study on student outcomes and implementation of the OpenSciEd middle school curriculum$875k
International Rescue Committee IncNew York, NYFor support of its reception center for migrants in New York City$875k
University of the WitwatersrandSFFor advancing university transformation through strengthening the early- and mid-career academic pipeline$870k
Federation of American ScientistsWashington, DCFor a project on nuclear command and control and artificial intelligence$850k
Science for Africa FoundationKEFor fellowships for early-career scholars in the social sciences and humanities$850k
Compare this foundation's grantees

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 35%
from 2022

From $1.8M in 2022 to $1.2M in 2023.

$1.8M
2022
$1.2M
2023
In today's dollarsEst.
Down 37% in real terms$2.1M to $1.3M

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Director (Operational) pay rose 5% from 2022 to 2023, while revenue fell 40%.

$428k in 2022 to $449k in 2023.
  • Chief Financial Officer pay rose 5% from 2022 to 2023.
  • Board Secretary pay rose 6% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

CARNEGIE CORPORATION OF NEW YORK reported revenue and expenses across 2 filing years.

RevenueExpenses
$548.7M
$221.1M
2022
$330.1M
$239.7M
2023
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1B+), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Education executives earn in New York

Comparable education organizations in New York pay their highest-earning executive a median of $121,759.

25th percentile
$50k
Median
$121,759
75th percentile
$233k
90th percentile
$427k

These are education sector-wide figures, not this organization's reported pay. Based on 1,986 organizations across 1,986 filings (2021 – 2024).

See full Education pay data for New York
FAQ

Common questions about CARNEGIE CORPORATION OF NEW YORK

What does the Board President of CARNEGIE CORPORATION OF NEW YORK earn?

In 2023, the Board President of CARNEGIE CORPORATION OF NEW YORK received $1,000,000 in total compensation. This pay is in the top 10% for Board President roles among Education organizations in New York: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board President pay at CARNEGIE CORPORATION OF NEW YORK compare with similar nonprofits?

Compared with the same role at Education organizations in New York, the 2023 pay of the Board President at CARNEGIE CORPORATION OF NEW YORK falls in the top 10%. In 2023, the highest total compensation at CARNEGIE CORPORATION OF NEW YORK equaled 0.5% of the organization's total expenses. The median for education organizations is 7%.

What are CARNEGIE CORPORATION OF NEW YORK's revenue and expenses?

In 2023, CARNEGIE CORPORATION OF NEW YORK reported $330.1M in total revenue and $239.7M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1B+), because foundation pay scales with assets under management, not revenue.