Why the Carnegie Corporation is Concerned About Rapid Global Change

Andrew Carnegie founded the Carnegie Corporation of New York in 1911, a moment of ominous geopolitical changes, and global stability was an overriding concern of the steel mogul. 

Today, the corporation still works to address a world fraught with tumultuous change. The turmoil reflects the erosion of U.S. power, the ascendency of China, roiling shifts of power in the Mideast and North Africa, and a newly assertive Russia, which holds most of the crude oil on which Western Europe depends. Carnegie conducts this work under the rubric of its “Dynamics of Global Power” (DGP) initiative, one of many results of a robust international emphasis it began in the 1980s.

Related: Carnegie Corporation: Grants for Global Security

Academic discovery is not the sole goal here. The DGP seeks to bridge advanced academic work with the leaders and influencers of government policy. Several grants have involved Members of Congress and staff. Other funded projects have convened critical thinkers from various disciplines in the targeted regions. (Read program director of Peace and International Security, Stephen Del Rosso's IP profile).

The head of Carnegie’s International Peace & Security International Program, Stephen J. Del Rosso, a former distinguished U.S. diplomat, personifies the elevated intellectual status of the DGP. The initiative’s gravitas also is reflected in the caliber of institutions it has funded—Harvard University, John’s Hopkins’ Center for the Study of Strategic and International Studies, and the venerable Council on Foreign Relations, among others.

While academic institutions win the lion’s share of funds from the “Dynamics of Global Power” program, other non-profits with innovative initiatives also have won favor. One such is the Financial Services Volunteer Corps, Inc., (FSVC) of New York City, a public-private partnership that convened U.S., Chinese, Russian and Indian experts to focus on the interconnected nature of the global economy in the wake of the financial crisis. The session also examined how sufficient energy resources can be financed to support sustainable economic growth and how significant political events such as the Arab Spring and the recent political changes in China, Russia and the United States may affect these issues. (Read Carnegie vice president of Peace and International Security, Deana Arsenian's IP profile).

Grants range from $100,000 to multiple millions for multi-year projects of exceptional merit. No unsolicited grants are accepted here.