Which foundation was established by the former CEO of General Motors, Alfred P. Sloan?

The foundation established by former General Motors CEO Alfred P. Sloan was the Alfred P. Sloan Foundation.

Sloan founded it in 1934 while serving as General Motors’ president and chief executive officer. Its earliest work concentrated on economics and business education, including grants for classroom materials, public-information pamphlets, radio discussions, and a tax institute at the Wharton School of the University of Pennsylvania.

The organization later developed a broader science-and-education mission. It now supports research and training in areas including science, technology, engineering, mathematics, economics, and related fields. The foundation is independent and has no formal relationship with General Motors.

A common mix-up is with the Sloan Kettering Foundation or Memorial Sloan Kettering Cancer Center. Those names reflect Alfred P. Sloan’s support for cancer research, but they are distinct from the Alfred P. Sloan Foundation itself. The foundation’s name includes Sloan’s middle initial because “Sloan Foundation” can refer informally to several unrelated institutions.