: SAGE: Carnegie Foundation for the Advancement of Teaching

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Carnegie Foundation for the Advancement of Teaching

Founded in the state of New York in 1905, with a $10 million gift by the steel magnate Andrew Carnegie, the Carnegie Foundation had an original mission of providing pensions for retiring college teachers (organizing, in 1918, the groundwork for today's TIAA-CREF). Adding the phrase “for the Advancement of Teaching” to its legal name upon gaining a national charter in 1906, the Foundation (CFAT) quickly moved beyond the original pension funding interests of its founder and soon, under the leadership of its first president, Massachusetts Institute of Technology's Henry S. Pritchett (who served from 1906 to 1930), aggressively sought to raise its national profile. [Source: Encyclopedia of Educational Reform and Dissent; Carnegie Foundation for the Advancement of Teaching]

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