July 2020 to June 2021 marked the most successful fundraising year in the Academy’s long history, with more than 1,200 donors contributing over $21 million. Over the course of the year, we celebrated the largest gift to the Academy on record, benefited from the most grant funding received in a single year from foundations, and together achieved a new high-water mark for the Annual Fund with over $2.1 million raised. At the close of the year, the Campaign for the Academy & Its Future had reached over 85 percent of its $100 million goal. On behalf of the Academy’s governance bodies and leadership team, we extend our sincere appreciation to all those who contributed to this remarkable outcome.

The American Academy has received one of the largest donations since its founding in 1780. David M. Rubenstein, co-CEO of The Carlyle Group, a global alternative asset manager, has donated $5 million to establish the David Rubenstein Enhancement Fund at the American Academy. This gift will provide funding for new Academy projects (both major commissions as well as exploratory initiatives), and it will also enhance the visibility of the Academy and its projects and commissions among policymakers and the general public.

The American Academy delivered its final report on the future of language education to the U.S. Congress yesterday, recommending “a national strategy to improve access to as many languages as possible for people of every region, ethnicity, and socioeconomic background.”

Although declarations and prophesies of doom for the humanities abound, they provide no consistent facts about the current or past situation of the collection of academic interests loosely defined as the humanities. The Academy is trying to provide a body of information and of ideas that will support intellectual community and intellectual action.