Aspen Institute Explained

Aspen Institute
Size:230px
Founder:Walter Paepcke
Type:Research institute, think tank
Headquarters:2300 N Street, NW, Suite 700
Location:Washington, D.C., U.S.
Leader Title:President & CEO
Leader Name:Daniel R. Porterfield
Revenue:$160,402,073[1]
Revenue Year:2019
Expenses:$147,137,098
Expenses Year:2019

The Aspen Institute is an international nonprofit organization founded in 1949 as the Aspen Institute for Humanistic Studies.[2] The institute is headquartered in Washington, D.C. It also has campuses in Aspen, Colorado, its original home.[3]

Overview

The Aspen Institute is largely funded by foundations such as the Carnegie Corporation, the Rockefeller Brothers Fund, the Gates Foundation, the Lumina Foundation, and the Ford Foundation, by seminar fees, and by individual donations.[4] Its board of trustees includes leaders from politics, government, business and academia who also contribute to its support. A report by the Center for International Policy's Foreign Influence Transparency Initiative of the top 50 think tanks on the University of Pennsylvania's Global Go-To Think Tanks rating index found that during between 2014 and 2018 the Aspen Institute received the fifth-highest amount of funding from outside the United States compared to other think tanks, with a total of more than US$8 million from donors that originated primarily in Western democracies but also "sizeable donations from undemocratic regimes in Saudi Arabia and the United Arab Emirates."[5]

History

The institute was largely the creation of Walter Paepcke, a Chicago businessman who had become inspired by the Great Books program of Mortimer Adler at the University of Chicago.[6] In 1945, Paepcke visited Bauhaus artist and architect Herbert Bayer, AIA, who had designed and built a Bauhaus-inspired minimalist home outside the decaying former mining town of Aspen, in the Roaring Fork Valley. Paepcke and Bayer envisioned a place where artists, leaders, thinkers, and musicians could gather. Shortly thereafter, while passing through Aspen on a hunting expedition, oil industry maverick Robert O. Anderson (soon to be founder and CEO of Atlantic Richfield) met with Bayer and shared in Paepcke's and Bayer's vision. In 1949, Paepcke organized a 20-day international celebration for the 200th birthday of German poet and philosopher Johann Wolfgang von Goethe. The celebration attracted over 2,000 attendees, including Albert Schweitzer, José Ortega y Gasset, Thornton Wilder, and Arthur Rubinstein.[7]

In 1949, Paepcke founded the Aspen Institute; and later the Aspen Music Festival and eventually (with Bayer and Anderson) the International Design Conference at Aspen (IDCA).[8] Paepcke sought a forum "where the human spirit can flourish", especially amid the whirlwind and chaos of modernization. He hoped that the institute could help business leaders recapture what he called "eternal verities": the values that guided them intellectually, ethically, and spiritually as they led their companies. Inspired by philosopher Mortimer Adler's Great Books seminar at the University of Chicago, which was later adopted by Encyclopædia Britannica's Great Books of the Western World, Paepcke worked with Anderson to create the Aspen Institute Executive Seminar.[9] In 1951, the institute sponsored a national photography conference. During the 1960s and 1970s, the institute added organizations, programs, and conferences, including the Aspen Center for Physics, the Aspen Strategy Group, Communications and Society Program and other programs that concentrated on education, communications, justice, Asian thought, science, technology, the environment, and international affairs.

In 1979, through a donation by Corning Glass industrialist and philanthropist Arthur A. Houghton Jr., the institute acquired a 1,000-acre (4 km) campus on the eastern shore of the Chesapeake Bay in Maryland, known today as the Wye River Conference Centers.[10]

In 1983, former United States Senator Dick Clark founded the Aspen Institute's Congressional program, which sought to educate members of Congress on foreign affairs issues.[11]

In 2005, it held the first Aspen Ideas Festival, featuring leading minds from around the world sharing and speaking on global issues. The institute, along with The Atlantic, hosts the festival annually. It has trained philanthropists such as Carrie Morgridge.[12] It has since added additional events such as the Aspen Ideas Health and Aspen Ideas Climate.[13] In 2023, the Aspen Ideas Climate event included Vice President Kamala Harris and famed singer Gloria Estefan.[14]

Since 2013,[15] the Aspen Institute together with U.S. magazine The Atlantic and Bloomberg Philanthropies has participated in organizing the annual CityLab event, a summit dedicated to develop strategies for the challenges of urbanization in today's cities.[16]

Walter Isaacson was the president and CEO of Aspen Institute from 2003 to June 2018. Isaacson announced in March 2017 that he would step down as president and CEO at the end of the year.[17] On November 30, 2017, Daniel Porterfield was announced as his successor. Porterfield succeeded Isaacson on June 1, 2018.[18]

In April 2020, the company received approximately $8 million in federally backed small business loans as part of the Paycheck Protection Program. The company received scrutiny over this loan, which meant to protect small and private businesses. The Washington Post noted their large endowment and membership of billionaires made this problematic. Dele Olojede, a fellow at the institute, called it "contrary to the stated purpose of this institute", that "one of America’s most elite institutions thinks it is okay to take the money", going on to say "Those who purport to be values-based and public-spirited leaders cannot at the same time put self interest first, when there is so much human suffering and death".[19] The day after Olojede and the Washington Post highlighted the funding, Aspen Institute announced they would return it, stating "Upon listening to our communities and further reflection, we have made the decision to return the loan".[20]

In 2023, Simon Godwin was named Aspen Institute's Harman/Eisner artist in residence. Godwin is the artistic director for the Shakespeare Theatre Company and will serve in a one-year residency at the institute.[21] In June 2023, CAA's Bruno del Granado was named to be head of the Board of the Aspen Institute's Latinos Society Program.[22]

Community Speaker Institute

2023 Lineup

The Aspen Institute's community program includes lecturers from the Hurst Lecture Series, the McCloskey Speaker Series, and the Murdock Mind, Body, Spirit series.[23]

Assets

As of 2019 the Aspen Institute had net assets of $310,055,857.

Funding details

Funding details as of 2019:

Fellowships

Henry Crown Fellowship

The Henry Crown Fellowship, established in 1997, educates accomplished entrepreneurs from the private sector to become leaders in community and global development projects. The Aspen Global Leadership Network inducts an annual class of 20-22 candidates between the ages of 30-46 for a two-year training program. Instruction takes place at the Aspen Institute's campus in Aspen, Colorado, and various sites abroad.[24]

New Voices Fellowship

The New Voices Fellowship is a year long program for applicants from Africa, Asia, and Latin America. Every year, nominations are accepted from August through October. Fellows are selected in December and announced publicly in early January.[25] [26]

The New Voices Fellowship is a non-residential program. During the fellowship year, fellows meet three times for one week sessions. There are no age limitations for fellows. All expenses for participation in the fellowship are covered by the program. At times the program will also cover the cost of "media-related activities and conferences."[27] [26]

Awards

Aspen Prize for Community College Excellence

Community Colleges which succeed in attaining exceptional results for all students during their time in college and as post-graduates are awarded the Aspen Prize for Community College Excellence.[28] [29]

Recipients to date include:[30]

Aspen Institute Faculty Pioneers and Dissertation Proposal Award

The Financial Times called the Faculty Pioneers and Dissertation Proposal Awards the "Oscars of the business school world". These honor business school instructors with an outstanding track record of leadership and risk-taking in ensuring that the MBA curriculum incorporates social, environmental and ethical issues.[33]

Recipients in the Category "Lifetime Achievement" include:

Excellence and Equity in Community College STEM Award

Community Colleges which demonstrate the provision of outstanding technical education and successfully link students, regardless of their race, ethnicity, family income or gender, with STEM careers as a gateway to economic mobility, are eligible to receive the Excellence and Equity in Community College STEM Award. The prize, awarded in co-operation of the Aspen Institute and Siemens Foundation, provides leading college staff with a benchmark standard of development and technical programs which foster equitable student success by highlighting exemplary practices of the winning programs.[35] [36]

Recipients include:

Henry Crown Leadership Award

This annual award was created to honor an outstanding leader whose achievements reflect the high standards of honor, integrity, industry, and philanthropy that characterized the life and career of industrialist and philanthropist Henry Crown. Notable recipients include:

The full list of laureates appears on the Award's web page.[37]

See also

External links

Notes and References

  1. Web site: Annual Report 2019 . Aspen Institute . 20 April 2021 .
  2. Web site: About the Aspen Institute. aspeninstitute.org. 31 March 2018.
  3. Web site: Contact . May 27, 2023.
  4. Web site: Aspen Institute . 2024-04-30 . Library of Congress, Washington, D.C. 20540 USA.
  5. Freeman. Ben. Foreign Funding of Think Tanks in America. January 2020. . 12 . 2020-09-06. https://web.archive.org/web/20200901175135/https://static.wixstatic.com/ugd/3ba8a1_4f06e99f35d4485b801f8dbfe33b6a3f.pdf. 2020-09-01. mdy-all.
  6. Web site: About - The Aspen Institute. 18 October 2016.
  7. Web site: Elizabeth Paepcke, 91, a Force In Turning Aspen Into a Resort . 18 June 1994 . The New York Times . 18 March 2016 .
  8. Web site: Herbert Bayer, 85, a designer and artist of Bauhaus School . 1 October 1985 . The New York Times . 18 March 2016 .
  9. Web site: ASPEN: A 4TH DECADE FOR ANCESTOR...OF A GROWING BUSINESS BREED . 31 August 1981 . The New York Times . 18 March 2016 .
  10. Web site: Cuban boy moves to Md. Shore . 26 April 2000 . The Baltimore Sun . 18 March 2016 .
  11. Book: Lampton, David M. . Living U.S.-China Relations: From Cold War to Cold War . 2024 . . 978-1-5381-8725-8 . Lanham, MD . 218 . David M. Lampton.
  12. News: Davidson. Joanne. June 17, 2015. The Denver Post. Need a few million dollars, 10,000 digital whiteboards or a shipment of sheep hearts? Don't ask for them. August 15, 2016.
  13. Web site: 2022-06-30 . Aspen Ideas Festival reacts to a post-Roe world . 2023-03-10 . Aspen Public Radio . en.
  14. News: Harris . Alex . 9 March 2023 . 'The solutions are at hand': Kamala Harris delivers an optimistic climate message in Miami . Miami Herald . 10 March 2023.
  15. Web site: CityLab: Urban Solutions to Global Challenges . . 2017-10-04 . 2021-03-08 . https://web.archive.org/web/20210308104119/https://www.theatlantic.com/live/events/citylab/2013/ . dead .
  16. Web site: CityLab 2016 . . 2017-10-04 .
  17. News: Walter Isaacson to leave Aspen Institute, become Tulane professor. NOLA.com. 2017-05-30. en-US.
  18. News: Daniel R. Porterfield named Aspen Institute's next president and CEO. Platts. Barbara. 2017-11-30. en.
  19. News: Aspen Institute think tank receives $8 million federal small-business loan . Jonathan O'Connell . The Washington Post . 13 May 2020 .
  20. News: Aspen Institute to return $8 million in small business funds . Jonathan O'Connell . The Washington Post . 14 May 2020 . 14 May 2020 . “We believe that our application, which was made in the first week of the PPP, was consistent with the goals of the program. Upon listening to our communities and further reflection, we have made the decision to return the loan,” said spokeswoman Amy DeMaria in a statement. “The Aspen Institute is committed to doing our part to help the country and the world both recover from and rebuild after this global pandemic. We stand with all who are trying to make a difference in very difficult times.” .
  21. Web site: Simon Godwin Named Aspen Institute's Harman/Eisner Artist in Residence . 2023-05-02 . www.americantheatre.org . 27 April 2023. en-US.
  22. Web site: 2023-06-05 . CAA's Bruno del Granado Named To Board Of The Aspen Institute Latinos & Society Program - Pollstar News . 2023-06-14 . news.pollstar.com . en-US.
  23. Web site: 2023-06-02 . Aspen Institute's free community speaker series summer lineup revealed . 2023-06-09 . www.aspentimes.com . en-US.
  24. Web site: Henry Crown Fellowship Program - Aspen Global Leadership Network . 2023-11-03 . Aspen Institute.
  25. Web site: About . New Voices Fellowship - Aspen Institute . 25 July 2021.
  26. Web site: Nominations . New Voices Fellowship - Aspen Institute . Aspen Institute . 25 July 2021.
  27. Web site: FAQ . New Voices Fellowship - Aspen Institute . Aspen Institute . 25 July 2021.
  28. Web site: The 2015 Aspen Prize for Community College Excellence . The Aspen Institute . 27 April 2021 .
  29. Web site: The Aspen Institute Names Top 150 U.S. Community Colleges Eligible For 2019 Aspen Prize . 11 October 2017 . PR Newswire . 27 April 2021 .
  30. Web site: Aspen Prize Winners and Finalists . Aspen Institute . 19 February 2024.
  31. Web site: TCC among 150 state colleges chosen nationwide to compete for $1-million Aspen Institute honors . Dobson . Byron . Tallahassee . 27 April 2021 .
  32. Web site: Aspen Institute Recognizes 2019 Aspen Prize for Community College Excellence Winners . Pennamon . Tiffany . 2 April 2019 . Diverse . 27 April 2021 .
  33. Web site: The Aspen Institute Announces the 2010 Faculty Pioneers and Dissertation Proposal Awards . 6 October 2010 . The Aspen Institute . 30 April 2021 .
  34. Web site: The Aspen Institute Announces the 2010 Faculty Pioneers and Dissertation Proposal Awards . 10 June 2010 . csrwire . 30 April 2021 .
  35. Web site: Excellence and Equity in Community College STEM Award . 9 March 2020. The Aspen Institute . 5 May 2021 .
  36. Web site: San Jacinto College receives national award for high achievement, equity in 2 programs . Ferguson . Colleen . 6 October 2020 . Community Impact Newspaper . 5 May 2021 .
  37. Web site: Henry Crown Leadership Award - the Aspen Institute . 2023-11-04 . Aspen Institute.