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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))

Minutes, correspondence, annual reports, press releases, financial records, photographs, memorabilia, audiovisual, digital and printed materials document the philanthropic activities and administration of the Carnegie Corporation of New York. The collection is actively growing, primarily through regular document transfers from the Carnegie Corporation of New York. Andrew Carnegie's biographical information and personal philanthropic activity can be found in Series VII. In addition, his pre-1911 gifts, most notably his donations for libraries and church organs, can be found on microfilm (Series II), in the Home Trust Company Records (VI.A), and Financial Record Books (I.C.1). Grant files (Series III.A), which comprise the bulk of the collection) provide information on projects and institutions founded, endowed or supported by the Corporation. The Special Initiatives series (Series IV) contains the records of task forces, commissions and councils, formed by the Corporation mostly during the 1970s, 1980s, and 1990s to address specific issues. The Corporation's records include those of other Carnegie philanthropic organizations (Series VI), including the Carnegie Foundation for the Advancement of Teaching and the Home Trust Company, both of which shared staff, officers, and office space with the Corporation for a period of time.

Correspondence, manuscripts, notes, documents, subject files, financial records, course materials, photographs, and printed materials. Woodworth's professional correspondence is with colleagues, scholars, students, the Columbia University Psychology Department, professional organizations, the Archives of Psychology, the National Academy of Sciences, the Psychological Corporation, and publishers. His own set of psychology subject headings include both general and specific topics such as behavior, color, experimental psychology, learning, memory, perception, personality, sensation, etc. These files contain manuscripts, notes, psychological tests, test data, revisions, for his monographs and other research materials. In addition to the subject files, there is some general, personal and family correspondence; manuscripts of his articles, lectures, addresses, curricular materials, biographical files and photographs. The printed materials consist of his personal collection of reprints of psychological literature arranged according to his own subject headings; reprints by colleagues, some inscribed and signed with his annotations; and books from his library, some of which contain his markings and comments