The American Foundations Oral History Project consists of a series of interviews with prominent American philanthropists, each of whom relates their background, the development of their values, and their philosophies of philanthropy. The purpose and state of American philanthropy, including those family foundations and corporate foundations, form a central topic, as do the recent trend of increasing diversity and opinions on grant evaluation and philanthropic assessment. In addition, many interviewees comment on the role of government in philanthropy and the system of ethics at play in American philanthropy.
David Hamburg, president of the Carnegie Corporation, discusses the mission behind his foundation. He talks about his educational background, his previous experience with philanthropic organizations, describes some of Carnegie Corporation's current projects and its influential projects of the past. He compares Carnegie to other large foundations in the United States and also places foundations in the political and social structure of America.