Tags: Non-Profit Organisation.
The Starr Foundation was established in 1955 by Cornelius Vander Starr founder of the American Insurance Group. Upon his death in 1968 his estate was passed on to the foundation. Today it gives between US$100 and 200 million each year to charities and causes globally. Although the foundation is one of the largest in the country in terms of assets with some $3.3 billion in 2006 it maintains a low profile.