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The Starr Foundation

From Wikipedia, the free encyclopedia
The Starr Foundation
Founded1955
FounderCornelius Vander Starr
FocusHuman needs, culture, public policy, medicine and healthcare, education and the environment.[1]
Location
MethodGrants
Endowment$3.5 billion
Websitewww.starrfoundation.org
C.V. Starr Laboratory at the Marine Biological Laboratory 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 2019, it had assets of $1.5 billion.[2] 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

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The following is a partial list:

Grant Size Use Time Frame Link
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

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References

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  1. ^ "The Foundation Center". Archived from the original on 1998-12-06. Retrieved 2024-12-17.
  2. ^ "The Starr Foundation". starrfoundation.org. Retrieved Jul 20, 2022.
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