Since the 1990s, the Foundation has invested in organizations that are rooted in New York City, Baltimore and Rensselaerville, New York. Our community support ranges widely and includes hospitals, performing arts and a variety of world class cultural institutions. The Foundation regularly partners with W. P. Carey Inc. and its employees to continue the mission of Doing Good While Doing Well®.
W. P. Carey Inc.
The W. P. Carey Foundation furthers Wm. Polk Carey’s legacy by encouraging the philosophy of Doing Good While Doing Well at the company he founded, W. P. Carey Inc. The Foundation supports initiatives sponsored by Carey Forward, W. P. Carey’s employee volunteer program, and matches certain charitable contributions made by W. P. Carey employees and Board of Directors. Most recently, the Foundation introduced an annual initiative, Carey the Torch, which recognizes a W. P. Carey employee who exemplifies Doing Good While Doing Well by making a positive impact on their community.
The W. P. Carey Foundation has made two major gifts to NewYork-Presbyterian, including the 2008 creation of the W. P. Carey Emergency Unit, and in 2017, the gift of two state-of-art Mobile Stroke Treatment Units. The Mobile Stroke Units are emergency vehicles equipped to provide immediate, specialized care to patients who may be experiencing a stroke.
Maryland Historical Society
In 2007, the W. P. Carey Foundation endowed the Carey Center for Maryland Life to highlight Carey ancestors’ contributions to the civic, legal and economic life of the state dating back to the 18th century. The Maryland Historical Society, founded in Baltimore in 1844, is the state’s oldest continuously operating cultural institution and features an extensive library and education program.
Carey Institute for Global Good
Through several decades of support to organizations in the town of Rensselaerville, New York, the Foundation has been able to make a large impact on a small community. In 2011, The Carey Institute for Global Good was established to continue the legacy of community and global thought leadership begun by the Rensselaerville Institute. The Institute was host to intellectuals including Isaac Asimov and UN Secretary General U Thant. Today, CIGG is a program-driven organization with active work in the areas of sustainable communities, teacher development and nonfiction writing.