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Sloan Foundation Named 2006 Outstanding Foundation

(March 27, 2006) The Alfred P. Sloan Foundation, based in New York City, is the recipient of the 2006 Award for Outstanding Foundation presented by the Association of Fundraising Professionals (AFP).

The award recognizes a foundation that demonstrates outstanding commitment through financial support and through encouragement and motivation of others to take leadership roles in philanthropy and national, international and/or community involvement.

The Alfred P. Sloan Foundation was nominated for the award by the AFP, New Jersey Chapter and will receive the honor at the Awards for Philanthropy Banquet during the AFP International Conference on Fundraising in Atlanta on April 4, 2006.

The foundation was established in 1934 by Alfred P. Sloan, Jr., then-president and chief executive officer of General Motors Corporation. Today, with assets of more than $1.5 billion and grant making at about $70 million annually, the foundation is dedicated to identifying and supporting creative, long-term solutions to a variety of pressing issues.

"At the Alfred P. Sloan Foundation we make grants to advance science, technology and the quality of American life, and we’re honored that our work has been recognized in this way," said Michael S. Teitelbaum, vice president of the foundation. "We look to fund programs that can have a measurable impact in these areas, and we depend on our grantees for their creative ideas and energetic implementation."

Support of Diverse, Innovative Programs

The foundation has long been known for its support of science. One example is the Sloan Research Fellowships, which are awarded each year to the most outstanding junior researchers in physics, chemistry, mathematics, computer science, neuroscience, molecular biology and economics; many of the Sloan Fellows have gone on to win numerous prizes and awards later in their careers, including some 32 Nobel Prizes.

Another example is its Census of Marine Life program, which supports the top management to plan and implement the Census, to assure it wins commitments, meets goals and schedules, and maintains balanced stakeholder involvement.

The Alfred P. Sloan Foundation also seeks to understand the basic forces affecting American economic progress and the U.S. standard of living in the increasingly competitive world economy. Its Workplace, Work Force and Working Families program plays a vital role in developing work-family scholarship and in supporting effective workplaces that meet the needs of working parents and older workers. The foundation’s Municipal Governments Program helps to make municipalities more responsive by promoting citizen-based performance measurement and reporting and systems that enable citizens to make direct service requests of their governments.

The Alfred P. Sloan Foundation’s Bioterrorism program has been a priority for the Sloan Foundation since long before Sept. 11, 2001. This program promotes plans and practices that citizens and organizations can use to defend themselves against bioterrorism, and also supports efforts to monitor dangerous research in the life sciences.

“We often think of charitable organizations as working solely on issues related to social services and healthcare,” said Paulette Maehara, CFRE, CAE, president and CEO of AFP. “But the reality is, charities are involved in improving all aspects of life, and the Alfred P. Sloan Foundation is a perfect example of that. Their programs address everyday issues that affect all of us, and we’re honored to be able to recognize their innovation and creativity.”

The AFP International Conference on Fundraising will take place April 2-5 in Atlanta, Ga. Participants can register onsite starting Saturday, April 1, at 8:00 a.m. at the Georgia World Congress Center. Or, go to the AFP International Conference on Fundraising website, download the registration form and fax it to (847) 940-2386.

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