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Article
May 17, 1941

Report of the President and of the Treasurer, Carnegie Corporation of New York, for the Year Ended September 30, 1940

JAMA. 1941;116(20):2351. doi:10.1001/jama.1941.02820200121033

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Abstract

Pensions for teachers have long been associated in the public mind with the name of Andrew Carnegie, since it was he who first provided the means for such pensions on anything like a national scale. It will be noted with interest that the trustees of the corporation on March 16, 1939 approved and authorized a policy which, humanly speaking, will insure payment in full to the three thousand, four hundred and fifty persons now receiving pensions from the Carnegie Foundation or on its list of pensionables. President Keppel discusses the needs of the Carnegie Institution of Washington, dental medicine, general and higher education, adult education and the interest of the corporation in libraries and in the arts. Most significant, however, are his concluding observations on the relationships of philanthropic foundations to education. He says (page 29, lines 4-11) "... education requires public approval and, if possible, public understanding as well." But

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