The Alfred P. Sloan Foundation is an American

philanthropic Philanthropy is a form of altruism that consists of "private initiatives, for the public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private good, focusing on material ...

nonprofit organization A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in co ...

. It was established in 1934 by

Alfred P. Sloan Jr. Alfred Pritchard Sloan Jr. ( ; May 23, 1875February 17, 1966) was an American business executive in the automotive industry. He was a long-time president, chairman and CEO of General Motors Corporation. Sloan, first as a senior executive and lat ...

, then-president and chief executive officer of

General Motors The General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and ...

. The Sloan Foundation makes grants to support original research and broad-based education related to science, technology, and economics. The foundation is an independent entity and has no formal relationship with General Motors.About the Foundation
Sloan Foundation. As of 2017, the Sloan Foundation's assets totaled $1.9 billion.

History

During the initial years of

Alfred P. Sloan Alfred Pritchard Sloan Jr. ( ; May 23, 1875February 17, 1966) was an American business executive in the automotive industry. He was a long-time president, chairman and CEO of General Motors Corporation. Sloan, first as a senior executive and lat ...

’s presidency, the foundation devoted its resources almost exclusively to education in economics and business. Grants were made to develop materials to improve high school and college economics teaching; for preparation of and wide distribution of inexpensive pamphlets on the pressing economic and social issues of the day; for weekly radio airing of round table discussions on current topics in economics and related subjects; and for establishing a Tax Institute at the

Wharton School The Wharton School of the University of Pennsylvania ( ; also known as Wharton Business School, the Wharton School, Penn Wharton, and Wharton) is the business school of the University of Pennsylvania, a private Ivy League research university in P ...

of the

University of Pennsylvania The University of Pennsylvania (also known as Penn or UPenn) is a private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest-regarded universitie ...

to interpret new taxes and new trends in

public finance Public finance is the study of the role of the government in the economy. It is the branch of economics that assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achie ...

for the average citizen. From 1936 to 1945,

Harold S. Sloan Harold Stephenson Sloan (1888 – November 5, 1988) was an economist who wrote extensively and taught in the field of economics. He served as the executive director of the Alfred P. Sloan Foundation, which was established by his older brother, w ...

, an economist and Alfred's younger brother, served as director and vice president of the foundation. The Sloan Foundation also made many civic contributions to the foundation's home city of New York, including grants to

Lincoln Center for the Performing Arts Lincoln Center for the Performing Arts (also simply known as Lincoln Center) is a complex of buildings in the Lincoln Square neighborhood on the Upper West Side of Manhattan. It has thirty indoor and outdoor facilities and is host to 5 millio ...

, Channel 13,

New York Public Library The New York Public Library (NYPL) is a public library system in New York City. With nearly 53 million items and 92 locations, the New York Public Library is the second largest public library in the United States (behind the Library of Congress ...

New York University New York University (NYU) is a private research university in New York City. Chartered in 1831 by the New York State Legislature, NYU was founded by a group of New Yorkers led by then-Secretary of the Treasury Albert Gallatin. In 1832, the ...

, and the

Fund for the City of New York New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the Uni ...

. Starting January 2018, Adam Falk, past president of Williams College, assumed the presidency of the foundation.

Programs

The Alfred P. Sloan Foundation makes grants in seven broad subjects, known within the foundation as major program areas. * Science * Economics * STEM Higher Education * Digital Information Technology * Public Understanding of Science, Technology & Economics * Working Longer * Energy & Environment The Sloan Work and Family Researchers Network supports research and education about work-family issues. The foundation also funded the national workplace flexibility campaign as part of the Working Families program led by Kathleen E. Christensen. The

Sloan Research Fellowship The Sloan Research Fellowships are awarded annually by the Alfred P. Sloan Foundation since 1955 to "provide support and recognition to early-career scientists and scholars". This program is one of the oldest of its kind in the United States. ...

s are annual awards given to more than 126 young researchers and university faculty, to further studies in

chemistry Chemistry is the science, scientific study of the properties and behavior of matter. It is a natural science that covers the Chemical element, elements that make up matter to the chemical compound, compounds made of atoms, molecules and ions ...

, computational and evolutionary microbiology,

computer science Computer science is the study of computation, automation, and information. Computer science spans theoretical disciplines (such as algorithms, theory of computation, information theory, and automation) to Applied science, practical discipli ...

economics Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and intera ...

mathematics Mathematics is an area of knowledge that includes the topics of numbers, formulas and related structures, shapes and the spaces in which they are contained, and quantities and their changes. These topics are represented in modern mathematics ...

neuroscience Neuroscience is the scientific study of the nervous system (the brain, spinal cord, and peripheral nervous system), its functions and disorders. It is a multidisciplinary science that combines physiology, anatomy, molecular biology, development ...

, ocean sciences and

physics Physics is the natural science that studies matter, its fundamental constituents, its motion and behavior through space and time, and the related entities of energy and force. "Physical science is that department of knowledge which r ...

. In March 2008, the foundation awarded a $3 million grant to the

Wikimedia Foundation The Wikimedia Foundation, Inc., or Wikimedia for short and abbreviated as WMF, is an American 501(c)(3) nonprofit organization headquartered in San Francisco, California and registered as a charitable foundation under local laws. Best kno ...

. It made additional grants in July 2011 and January 2017. The Sloan Foundation is the primary funder of the

Sloan Digital Sky Survey The Sloan Digital Sky Survey or SDSS is a major multi-spectral imaging and spectroscopic redshift survey using a dedicated 2.5-m wide-angle optical telescope at Apache Point Observatory in New Mexico, United States. The project began in 2000 a ...

, a major astronomical survey that began data collection in 2000. In 1945, the Sloan Foundation donated $4 million to launch the Sloan Kettering Cancer Institute, now the Memorial Sloan Kettering Cancer Center. In 1950, the Sloan Foundation made a gift of more than $5 million to establish a School of Industrial Management, now known as the MIT Sloan School of Management.

Presidents

(19341961) #Everett Case (19621968) #Nils Y. Wessell (19691979) #Albert Rees (19791988) #

Ralph E. Gomory Ralph Edward Gomory (born May 7, 1929) is an American applied mathematician and executive. Gomory worked at IBM as a researcher and later as an executive. During that time, his research led to the creation of new areas of applied mathematics. ...

(19892007) #

Paul L. Joskow Paul may refer to: *Paul (given name), a given name (includes a list of people with that name) *Paul (surname), a list of people People Christianity * Paul the Apostle (AD c.5–c.64/65), also known as Saul of Tarsus or Saint Paul, early Chri ...

(20082017) # Adam F. Falk (2018present)

References

External links

*
Work and Family Researchers Network

Sloan Foundation Grant records
at Williams College Archives & Special Collections {{DEFAULTSORT:Sloan Foundation Organizations established in 1934 Boston College Non-profit organizations based in New York City 1934 establishments in New York (state)