Ideas and analysis are valuable, but improving policies, decisionmaking, and real world outcomes is Carnegie's business. Today Carnegie has research centers in Moscow, Beijing, Beirut, and Brussels in addition to its headquarters in Washington, D.C. As it enters its second century, the Carnegie Endowment is committed to building the first truly global think tank by continuing its global expansion while maintaining the quality and coherence of the organization. To do this, the institution will have to increase its annual fundraising and, build on Andrew Carnegie's original endowment gift.
Carnegie is uniquely fortunate to be able to rely on its endowment, the legacy of Andrew Carnegie's original 1910 gift of $10 million, to provide core funding for its programs. That funding, which covers 50 percent of Carnegie's annual budget, ensures that scholars can maintain their independence and have the freedom they need to produce the highest quality work.
Yet Carnegie must rely on and indeed welcomes the generous support of people who value its mission and appreciate the peerless quality and deep impact of its work. As Carnegie enters its second century, it is striving to raise new endowment and program funds as part of a unified campaign to complete its transformation into the world’s only global think tank. To facilitate that transformation, Carnegie has set ambitious targets for growth in its annual budget from $30 million today to over $40 million in 2017 and for diversifying its revenue sources.
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