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September 21, 2009, 08:15 PM ET

4 Higher-Education Leaders Receive $500,000 Grants From Carnegie Corporation

The Carnegie Corporation of New York on Monday honored the leaders of four colleges and universities with its Academic Leadership Awards for 2009. The winners -- who receive grants of $500,000 each to be used in support of academic initiatives -- are Leon Botstein, president of Bard College; Scott S. Cowen, president of Tulane University; Amy Gutmann, president of the University of Pennsylvania; and William E. Kirwan, chancellor of the University System of Maryland.

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