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Corporation News
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CARNEGIE
CORPORATION OF NEW YORK ANNOUNCES TWO NEW MEMBERS OF THE BOARD OF
TRUSTEES
New
York, NY—April 12, 2004. New York, New York. Fiona Druckenmiller
of New York and Richard W. Riley of South Carolina have joined the
Board of Trustees of Carnegie Corporation of New York following
the retirement from the board of Marta Tienda and Ruth Simmons.
"Both
Fiona and Dick bring to the Corporation a wealth of experience with
issues of great importance to our grantmaking," says Vartan
Gregorian, president of Carnegie Corporation of New York, "and
both represent the values of intellectual discipline, social involvement
and principled leadership that have been the mark of the Corporation's
board throughout the years."
Fiona
Druckenmiller is an ordained interfaith Reverend who, during her
years with the Dreyfus Corporation in New York City, was Portfolio
Manager for the Management of Dreyfus Strategic World Investing
and Dreyfus Global Investing, which had combined assets of $400
million. Ms. Druckenmiller serves on numerous boards including The
Spence School, The American Museum of Natural History, The Parrish
Art Museum, The Kuan-Yin Foundation and the Global Healing Community.
She is a former member of the board of the Dreyfus Strategic Work
Investing Mutual Fund, the Episcopal School, Human Rights Watch,
Human Rights in China and Adopt a Minefield.
Richard
W. Riley is the former Governor of South Carolina and the former
U.S. Secretary of Education, serving the eight years of the Clinton
administration. Riley has won recognition on the state and national
level for his commitment to raising education standards and for
innovations that prepared education systems to respond to the challenges
and opportunities of a global society in the 21st century. While
Secretary of Education, Riley helped win an historic F.C.C. ruling
to give schools and libraries deep discounts for Internet access
and telecommunications services, known as the E-rate.
Currently,
Riley is with the law firm of Nelson Mullins Riley & Scarborough
and a Distinguished Professor of Furman University where he serves
as Advisory Board Chair of the Richard W. Riley Institute of Government,
Politics and Public Leadership. Additionally, Riley has been named
Distinguished Professor at the University of South Carolina and
Distinguished Senior Fellow at NAFSA: Association of International
Educators.
Carnegie
Corporation of New York was created by Andrew Carnegie in 1911 to
promote "the advancement and diffusion of knowledge and understanding."
As a grantmaking foundation, the Corporation seeks to carry out
Carnegie's vision of philanthropy, which he said should aim "to
do real and permanent good in the world." The Corporation's
capital fund, originally donated at a value of about $135 million,
had a market value of $1.8 billion on September 30, 2003. The Corporation
awards grants totaling approximately $80 million a year in the areas
of education, international peace and security, international development
and strengthening U.S. democracy.
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