Starr Foundation
{{Infobox organization
| name = Starr Foundation
| logo = Starr-foundation-logo.PNG
| founded_date = 1955
| founder = Cornelius Vander Starr
| location = New York, New York, United States
| origins =
| leader_title3 = President
| key_people =
| area_served =
| focus = Human needs, culture, public policy, medicine and healthcare, education and the environment.{{Cite web | title=The Foundation Center | url=http://foundationcenter.org | archive-url=https://web.archive.org/web/19981206123435/http://www.foundationcenter.org:80/ | access-date=2024-12-17 | archive-date=1998-12-06}}
| method = Grants
| revenue =
| endowment = $1.7 billion
| num_volunteers =
| owner =
| leader_title = Chairman
| leader_name = Jeffrey W. Greenberg
| leader_title2 = President
| leader_name2 = Courtney O'Malley
| Non-profit_slogan =
| homepage = [http://www.starrfoundation.org/ www.starrfoundation.org]
| tax_exempt =
| dissolved =
| footnotes =
}}
File:C.V. Starr Laboratory, MBL.jpg in Woods Hole, Massachusetts]]
The Starr Foundation was established in 1955 by Cornelius Vander Starr, an insurance entrepreneur who founded C.V. Starr & Co. and other companies later combined by his successor, Maurice R. Greenberg, into what became the American International Group. Starr, a pioneer of globalization, set up his first insurance venture in Shanghai in 1919. Upon his death in 1968 his estate was passed on to the foundation. Today, it gives between US$100 million and $200 million each year to charities and causes globally.
The foundation, once one of the largest in the country with an endowment of some $6 billion in 2000, has disbursed over $3.8 billion since its founding. As of 2024, it had assets of $1.7 billion.{{Cite web|url=https://starrfoundation.org/|title=The Starr Foundation|website=starrfoundation.org|accessdate=Jul 20, 2022}} It specializes in Asian arts and cultural philanthropy, but also makes grants in other areas, including education, medicine and healthcare, and public policy.
The foundation is no longer affiliated with AIG.
Grants
The following is a partial list:
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!Grant Size | Use | Time Frame | Link |
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|US$17 million | Community Center in Fort Bragg, California | 2001 - 2008 | https://web.archive.org/web/20090919054007/http://www.mendocoastrec.org/aquatic_center-newsnav.html |
US$100 million | Create a multi-institutional cancer research consortium | September 2006 | http://www.mskcc.org/mskcc/html/70702.cfm |
US$50 million | Starr Fund for Collaborative Science | November 2006 | http://newswire.rockefeller.edu/?id=544&page=engine |
US$25 million | Expand Harlem Children's Zone Project | October 2006 | https://web.archive.org/web/20081119145212/http://www.starrfoundation.org/pr_harlem.html |
US$15 million | Scholarships at Brown University | March 2002 | http://www.brown.edu/Administration/News_Bureau/2001-02/01-104.html |
US$5 million | Increase the size and quality of the search inventory - New York Blood Center | February 2003 | http://findarticles.com/p/articles/mi_pwwi/is_200302/ai_mark02051234 |
US$25 million | National September 11 Memorial & Museum New York City | 2007 | https://www.nytimes.com/2007/06/02/nyregion/02foundation.html?&pagewanted=print |
US$1.5 million | Support additions to the Korean and Tibetan collections - Columbia University | October 2002 | http://www.columbia.edu/cu/lweb/news/libraries/2002/2002-10-31.starr_grant.html |
See also
- List of wealthiest foundations
- Florence A. Davis, Foundation President
References
{{reflist}}
External links
- [http://www.starrfoundation.org/ The Starr Foundation] starrfoundation.org
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Category:Foundations based in the United States
Category:Organizations based in New York City
Category:Organizations established in 1955
Category:1955 establishments in the United States
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