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The Corporation awards grants to nonprofit organizations and institutions for projects that are broadly educational in nature and that show promise of having national or international impact. Certain appropriations are made for activities, such as Corporation-led initiatives that are administered by the foundation's officers. The trustees set the overall policies of the foundation and have final authority to approve all grants above $50,000 recommended by the program staff. Grants of $25,000 or less, called discretionary grants, are made upon the approval of the president and are reported to the board; larger discretionary grants, those between $25,000 and $50,000, are also reviewed by a Corporation-wide group, which makes recommendations to the president. (from Program Guidelines 2003-2004 (http://www.carnegie.org/sub/program/areas.html))

The collection, which reflects these associations, includes correspondence, financial records, memoranda, papers, speeches, and newspaper clippings, relating to the history of life insurance, banking, industrial development, and politics in the early 20th Century.

This collection contains copies of Butler's speeches delivered at Columbia University as well as at numerous other institutions from 1882 to 1947 during his tenure as president of the Industrial Education Association as well as Columbia University. While the speeches address a number of topics, they primarily focus on the state of America's higher educational system, potential educational reforms, and local and international American politics (particularly in relation to the Republican Party and war).

Correspondence and other documents relating to the Paris Peace Conference, League of Nations, and Locarno Pact with which Prof. Shotwell was associated. There is material relating to Shotwell's THE ECONOMIC AND SOCIAL HISTORY OF THE WORLD WAR, as well as to his other writings.