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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.

Large groups of correspondence with members of the editorial board including Henry Seidel Canby, Dorothy Canfield Fisher, John Marquand, Christopher Morley, and William Allen White, which contain insights into the Club's activities, organization, and literary policies. Also, material relating to Scherman's careers as writer, economist, and philanthropist. Mr. Scherman's economic activities are represented by files of correspondence and papers of the National Bureau of Economic Research, the Federal Union, and the Committee on Economic Development. Among the personal items in the collection are manuscripts of his publications, reviews of his writings, numerous awards he has received, photographs, and documents relating to his long and rich career. There are two particularly warm letters from Winston Churchill and Albert Einstein. Also, additional personal and professional correspondence files of Scherman with publishers, agents, authors, Book of the Month Club judges, and organizations with which he was affiliated.

Professional correspondence, diaries, unpublished articles, lecture notes, abstracts, and other manuscripts by Mitchell. Subjects include economic theory and its history, business cycles, money, national planing, anthropology and psychology, and published material by Mitchell and others.