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October 9, 2007

Carnegie Medals Honors World's Great Philanthropists :

The Tata family of India, Eli Broad, Heinz and Mellon Families to receive the Carnegie Medal of Philanthropy.


PITTSBURGH, Oct. 9 -- Four of the world's greatest philanthropists will be honored at the Carnegie Medals of Philanthropy celebration at 2 p.m. on Wednesday, October 17 at the Carnegie Music Hall in Pittsburgh.

This year's honorees are the Heinz family, the Mellon family, Eli Broad and the Tata family. The medals, created to honor Andrew Carnegie's career as a philanthropist, are awarded every two years to families and individuals who have dedicated their private wealth to the public good and who have sustained impressive careers as philanthropists.

Carnegie Philanthropy

Photo: Contemplating Philanthropy

The master of ceremonies for the event will be former NBC News anchor Tom Brokaw. Other notable presenters include Dr. A.P.J. Abdul Kalam, the former president of India; David Baltimore, a Nobel laureate in medicine and former president of the California Institute of Technology; Earl Powell III, director of the National Gallery of Art; and Agnes Gund, a 2005 Carnegie Medalist and president emerita of The Museum of Modern Art.

"Andrew Carnegie was determined to use his private wealth imaginatively, constructively, and systematically to address the fundamental problems of mankind, rather than simply to assuage symptoms," said Vartan Gregorian, president of Carnegie Corporation of New York and chair of the executive selection committee.

Carnegie Hall Music

Photo: Carnegie Hall in New York City -- one of the Carnegie Institutions. Picture shows David Bernard conducting The Park Avenue Chamber Symphony at Carnegie Hall.

Created with the idea of serving as the "Nobel Prize for Philanthropy," the Carnegie Medals program began in 2001. This year's honorees cover a wide range of philanthropic efforts, both on the national and international stage:

Eli Broad is a renowned business leader who built two Fortune 500 companies from the ground up over a five-decade career in business. He is the founder of both SunAmerica Inc. and KB Home (formerly Kaufman and Broad Home Corporation). Today, he and his wife, Edythe, are devoted to
philanthropy as founders of The Broad Foundations. With assets of more than $2.25 billion, The Broad Foundations are focused on entrepreneurship for the public good in education, scientific and medical research, and the arts. In an unprecedented partnership with the Massachusetts Institute of Technology, Harvard University and the Whitehead Institute, the Broads gave $200 million to create the Eli and Edythe Broad Institute for biomedical research. In fostering public appreciation for contemporary art, The Broad Art Foundation is a lending library of more than 1,200 artworks that have been loaned to more than 400 museums and university galleries worldwide.

India's Tata family gives away between eight and 14 percent of the net profits from its controlling company each year to myriad causes: science, medicine, social services, health, civil society and
governance, rural welfare, performing arts, education and the needs of children. The Tata family legacy stretches back to the 19th century, when Jamsetji N. Tata started the Indian Institute of Science in Bangalore. Tata family's philosophy of "constructive philanthropy" has become embedded in its businesses, and has played a role in changing the traditional concept of charity throughout India. The Tata family is considered one of the few philanthropic forces in India with the potential to facilitate collaborative action on the problems that threaten individual, local and national development.

The Heinz family's sustained philanthropic giving has supported the environment, education, economic opportunity and the arts as well as efforts to enhance the lives of women and children. In 1995, the family made one of the largest grants ever to benefit the environment $20 million to establish the Washington, D.C.-based H. John Heinz III Center for Science, Economics and the Environment. The Center brings together representatives of business, government, the scientific community and environmental groups to collaborate on the development of fair, scientifically sound environmental policies. Teresa Heinz will accept the award on behalf of the family.

The Mellon family's impact on philanthropic giving began with Andrew Mellon's donation in the 1930s of his extensive art collection to provide the beginnings of the National Gallery of Art in Washington, D.C. as well as the Smithsonian's National Portrait Gallery. In 1969, Andrew's children Paul and Ailsa established the Andrew W. Mellon Foundation, which supports museums and art conservation, as well as higher education and scholarship, information technology research, performing arts and conservation, and the environment. In Pittsburgh, the family helped to create and continues to support Carnegie Mellon University.

This year's event is sponsored by UPMC and United States Steel Corporation. The Carnegie Institutions from around the world are Carnegie Corporation of New York (U.S.), Carnegies Belonningsfound for Heltemond (Denmark), Fondazione Carnegie (Italy), Foundation Carnegie (France), Carnegie Mellon University (U.S.), Carnegie Hall (U.S.), Carnegie Museums of Pittsburgh (U.S.), Fondation Carnegie pour les Sauveteurs (Switzerland), Carnegie Hero Fund Commission (U.S.), Carnegie Endowment for International Peace (U.S.), Carnegie United Kingdom Trust (U.K.), Carnegie Institution of Washington (U.S.), Carnegie Trust for the Universities of Scotland (U.K.), Carnegie Library of Pittsburgh (U.S.), Carnegie Council on Ethics and International Affairs (U.S.), Carnegie Heltefond for Norge (Norway), Carnegie Dunfermline Trust (U.K.), Carnegie Hero Fund Trust (U.K.), Carnegie Foundation for the Advancement of Teaching (U.S.), Carnegiestiflesen (Sweden), Carnegie Heldenfonds (Netherlands), Fondation Carnegie (Belgium) and Carnegie Stiftung fuer Lebensretter (Germany). || StumbleUpon reddit Facebook Google Plus Tweet This Seed This on Newsvine

Edited & Posted by the Editor | 5:37 AM | Link to this Post

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