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Time Warner Foundation

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Time Warner Foundation

(formerly AOL Time Warner Foundation)

75 Rockefeller Plz.

New York, NY  10019

Contact: Kirsten Powers

E-mail: aoltwfoundation@aol.com

Website: www.timewarnerfoundation.org

 

Type of grantmaker: Company-sponsored foundation.

Background: Established in 1997 in VA; name changed in Mar. 2001.

Purpose and activities: The foundation seeks to use the power of media, communications and information technology to serve the public interest and strengthen society. The foundation utilizes its resources to build innovative programs in the following areas: 1) Equipping Children for a Better Future; 2) Extending Internet Benefits to All; 3) Engaging Communities in the Arts; and 4) Empowering Citizens and Civic Participation.

Fields of interest: Computer science; Disasters, 9/11/01; Education; Elementary school/education; Secondary school/education.

Geographic focus: National

Types of support: Curriculum development, Equipment, Seed money, Technical assistance.

Limitations: Giving on a national basis. No grants to individuals.

Application information: Application form and guidelines available on the foundation's Web site. Application form required.

Financial data: (yr. ended 12/31/01): Assets, $2,660,422 (M); gifts received, $4,551,645; expenditures, $4,274,366; total giving, $4,223,324; qualifying distributions, $4,735,929; giving activities include $4,223,324 for 819 grants (high: $300,000; low: $10; average: $100-$50,000).

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