Sloan Foundation, fund established (1934) by automobile executive Alfred P. Sloan, Jr. as a philanthropic institution supporting research in various areas. In its early years it stressed support of U.S. economic education and research. After World War II its emphasis shifted in part to medical research, particularly cancer research. In the late 1960s its activities were expanded to include studies in current social problems, science, and technology. These interests, with the addition of a focus on the economy and its effects on standards of living, continued through the 1990s. The foundation has been a major financial supporter of the Sloan-Kettering Institute for Cancer Research, established in 1945. In 1998 its endowment exceeded $1 billion.
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Publication information: Article title: Sloan Foundation. Encyclopedia title: The Columbia Encyclopedia, 6th ed.. © 2012 The Columbia Electronic Encyclopedia © 2012, Columbia University Press. Licensed from Columbia University Press. Used with the permission of Columbia University Press. All Rights Reserved. Publisher: The Columbia University Press. Place of publication: Not available. Publication year: 2013.
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