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Founded | 1934 |
---|---|
Founder | Alfred Pritchard Sloan Jr. |
Focus | Research and education in science, technology, engineering, mathematics and economics |
Location |
|
Method | Grantmaking |
Key people | Adam F. Falk (President) |
Endowment | US$2.0 billion |
Employees | 36 |
Website | sloan |
The Alfred P. Sloan Foundation is an American philanthropic nonprofit organization. It was established in 1934 by Alfred P. Sloan Jr., then-president and chief executive officer of General Motors.
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. [1] As of 2022, the Sloan Foundation's assets totaled $2.0 billion. [2]
During the initial years of Alfred P. Sloan’s presidency, the foundation devoted its resources almost exclusively to education in economics and business.[ citation needed ] 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 of the University of Pennsylvania to interpret new taxes and new trends in public finance for the average citizen. [3]
From 1936 to 1945, Harold S. Sloan, an economist and Alfred's younger brother, served as director and vice president of the foundation. [4] [5]
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, Channel 13, New York Public Library, New York University, and the Fund for the City of New York. [6]
Starting January 2018, Adam Falk, past president of Williams College, assumed the presidency of the foundation. [7]
The Alfred P. Sloan Foundation makes grants in seven broad subjects, known within the foundation as major program areas:
The Sloan Work and Family Researchers Network supports research and education about work-family issues. The foundation also funded the national workplace flexibility campaign [8] as part of the Working Families program led by Kathleen E. Christensen. [9]
The Sloan Research Fellowships are annual awards given to more than 126 young researchers and university faculty, to further studies in chemistry, computational and evolutionary microbiology, computer science, economics, mathematics, neuroscience, ocean sciences and physics. [10]
In March 2008, the foundation awarded a $3 million grant to the Wikimedia Foundation. [11] It made additional grants in July 2011 and January 2017. [12]
The Sloan Foundation is the primary funder of the Sloan Digital Sky Survey, 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. [13]
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. [14]
The Massachusetts Institute of Technology (MIT) is a private research university in Cambridge, Massachusetts, United States. Established in 1861, MIT has played a significant role in the development of many areas of modern technology and science.
Alfred Pritchard Sloan Jr. 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 later as the head of the organization, helped GM grow from the 1920s through the 1950s, decades when concepts such as the annual model change, brand architecture, industrial engineering, automotive design (styling), and planned obsolescence transformed the industry, and when the industry changed lifestyles and the built environment in America and throughout the world.
Charles Franklin Kettering sometimes known as Charles Fredrick Kettering was an American inventor, engineer, businessman, and the holder of 186 patents. He was a founder of Delco, and was head of research at General Motors from 1920 to 1947. Among his most widely used automotive developments were the electrical starting motor and leaded gasoline. In association with the DuPont Chemical Company, he was also responsible for the invention of Freon refrigerant for refrigeration and air conditioning systems. At DuPont he also was responsible for the development of Duco lacquers and enamels, the first practical colored paints for mass-produced automobiles. While working with the Dayton-Wright Company he developed the "Bug" aerial torpedo, considered the world's first aerial missile. He led the advancement of practical, lightweight two-stroke diesel engines, revolutionizing the locomotive and heavy equipment industries. In 1927, he founded the Kettering Foundation, a non-partisan research foundation, and was featured on the cover of Time magazine in January 1933.
Harold Eliot Varmus is an American Nobel Prize-winning scientist. He is currently the Lewis Thomas University Professor of Medicine at Weill Cornell Medicine and a senior associate at the New York Genome Center.
Memorial Sloan Kettering Cancer Center is a cancer treatment and research institution in Manhattan in New York City. MSKCC is one of 72 National Cancer Institute–designated Comprehensive Cancer Centers. Its main campus is located at 1275 York Avenue between 67th and 68th Streets in Manhattan.
Ralph Edward Gomory 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.
Weill Cornell Medicine, originally Cornell University Medical College, is the medical school of Cornell University, located in Upper East Side, New York City.
Josep Baselga i Torres, known in Spanish as José Baselga, was a Spanish medical oncologist and researcher focused on the development of novel molecular targeted agents, with a special emphasis in breast cancer. Through his career he was associated with the Memorial Sloan Kettering Cancer Center, Vall d'Hebron Institute of Oncology, and the Massachusetts General Hospital in their hematology and oncology divisions. He led the development of the breast cancer treatment Herceptin, a monoclonal antibody, that targets the HER2 protein, which is impacted in aggressive breast cancers.
The Columbia Institute for Tele-Information (CITI) is one of several research centers for Columbia Business School, focusing on strategy, management, and policy issues in telecommunications, computing, and electronic mass media. It aims to address the large and dynamic telecommunications and media industry that has expanded horizontally and vertically drive by technology, entrepreneurship and policy.
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.
Paul Lewis Joskow is an American economist and professor. He became President of the Alfred P. Sloan Foundation on January 1, 2008. He is also the Elizabeth and James Killian Professor of Economics, Emeritus at MIT. He has served on the MIT faculty since 1972. From 1994 through 1998 he was Head of the MIT Department of Economics. From 1999 through 2007 he was the Director of the MIT Center for Energy and Environmental Policy Research. Since rejoining in 2018 from his 1988-2007 term, Professor Joskow is Research Associate on the National Bureau of Economic Research (NBER).
Abhijit Vinayak Banerjee is an Indian-born American economist who is currently the Ford Foundation International Professor of Economics at the Massachusetts Institute of Technology. He is co-founder and co-director of the Abdul Latif Jameel Poverty Action Lab (J-PAL), an MIT based global research center promoting the use of scientific evidence to inform poverty alleviation strategies. In 2019, Banerjee shared the Nobel Memorial Prize in Economic Sciences with Esther Duflo and Michael Kremer, "for their experimental approach to alleviating global poverty." He and Esther Duflo are married, and became the sixth married couple to jointly win a Nobel or Nobel Memorial Prize.
Adam Frederick Falk is the president of the Alfred P. Sloan Foundation. Earlier in his career, Falk was the president of Williams College, a university administrator at Johns Hopkins University, and a theoretical physicist.
Charles L. Sawyers is a Howard Hughes Medical Institute (HHMI) investigator who holds the Marie-Josée and Henry R. Kravis Chair of the Human Oncology and Pathogenesis Program (HOPP) at Memorial Sloan Kettering Cancer Center (MSK). HOPP is a program created in 2006 that comprises researchers from many disciplines to bridge clinical and laboratory discoveries.
Joan Massagué, is a Spanish biologist and the current director of the Sloan Kettering Institute at Memorial Sloan Kettering Cancer Center. He is also an internationally recognized leader in the study of both cancer metastasis and growth factors that regulate cell behavior, as well as a professor at the Weill Cornell Graduate School of Medical Sciences.
Thomas J. Kelly is an American cancer researcher whose work focuses on the molecular mechanisms of DNA replication. Kelly is director of the Sloan-Kettering Institute, the basic research arm of the Memorial Sloan-Kettering Cancer Center. He holds the Center's Benno C. Schmidt Chair of Cancer Research.
Scott William Lowe is Chair of the Cancer Biology and Genetics Program in the Sloan Kettering Institute at Memorial Sloan Kettering Cancer Center. He is recognized for his research on the tumor suppressor gene, p53, which is mutated in nearly half of cancers.
Nikola Panayot Pavletich is the former chair of structural biology at Memorial Sloan Kettering Cancer Center.
Glenn David Ellison is an American economist who is the Gregory K. Palm Professor of Economics at the Massachusetts Institute of Technology (MIT) and an Elected Fellow of the Society for the Advancement of Economic Theory and American Academy of Arts & Sciences. He is the father of Caroline Ellison, former CEO of Alameda Research.
Harold Stephenson Sloan 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, who was the President and chief executive officer of General Motors.
Harold Stephenson Sloan, a retired manufacturer, economist, teacher and author who was a brother of the industrialist Alfred P. Sloan, died in his sleep Saturday at his home in Lopatcong Township, N.J. He was 100 years old.