The Alfred P. Sloan Foundation believes that a carefully reasoned and systematic understanding of the forces of nature and society, when applied inventively and wisely, can lead to a better world for all.
The Foundation makes grants primarily to support original research and education related to science, technology, engineering, mathematics, and economics. The Foundation believes that these fields—and the scholars and practitioners who work in them—are chief drivers of the nation’s health and prosperity. The Foundation also believes that a reasoned, systematic understanding of the forces of nature and society, when applied inventively and wisely, can lead to a better world for all.
In 1937, Mr. Sloan was elected Chairman of the Board of General Motors. He continued as Chief Executive Officer until 1946. When he resigned from the chairmanship in 1956, the General Motors Board said of him: “The Board of Directors has acceded to Mr. Sloan’s wish to retire as Chairman. He has served the Corporation long and magnificently. His analysis and grasp of the problems of corporate management, his great vision and rare good judgement, laid the solid foundation which has made possible the growth and progress of General Motors over the years.” Mr. Sloan was then named Honorary Chairman of the Board, a title he retained until his death on February 17, 1966. For many years, he had devoted the largest share of his time and energy to philanthropic activities, both as a private donor to many causes and organizations and through the Alfred P. Sloan Foundation, which he established in 1934.
Mr. Sloan, a realist as well as a humanist and philanthropist, looked upon the Foundation as an extension of his own life and work. Although he recognized the inevitability of change that might dictate a different course, he expected that the Foundation would “continue as an operating facility indefinitely in the future…to represent my accomplishments in this life.” His accomplishments during his lifetime were of the highest order, and in themselves provide the most dramatic and lasting tribute to his extraordinary talent. Through the Foundation, his accomplishments have been extended and expanded.
For information, visit https://sloan.org