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What is ASPEN INSTITUTE?
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Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license.

The Aspen Institute is an international nonprofit think tank founded in 1949 as the Aspen Institute for Humanistic Studies. The organization is a nonpartisan forum for values-based leadership and the exchange of ideas. The Institute and its international partners promote the pursuit of common ground and deeper understanding in a nonpartisan and nonideological setting through regular seminars, policy programs, conferences, and leadership development initiatives. The institute is headquartered in Washington, D.C., United States, and has campuses in Aspen, Colorado (its original home) and near the shores of the Chesapeake Bay at the Wye River in Maryland. It has partner Aspen Institutes in Berlin, Rome, Madrid, Paris, Lyon, Tokyo, New Delhi, Prague, Bucharest, Mexico City, and Kiev, as well as leadership initiatives in the United States and on the African continent, India, and Central America.

The Aspen Institute is largely funded by foundations such as the Carnegie Corporation, the Rockefeller Brothers Fund, the Gates Foundation, the Lumina Foundation, and the Ford Foundation, by seminar fees, and by individual donations. Its board of trustees includes leaders from politics, government, business and academia who also contribute to its support.

The Institute was largely the creation of Walter Paepcke, a Chicago businessman who had become inspired by the Great Books program of Mortimer Adler at the University of Chicago. In 1945, Paepcke visited Bauhaus artist and architect Herbert Bayer, AIA, who had designed and built a Bauhaus-inspired minimalist home outside the decaying former mining town of Aspen, in the Roaring Fork Valley. Paepcke and Bayer envisioned a place where artists, leaders, thinkers, and musicians could gather. Shortly thereafter, while passing through Aspen on a hunting expedition, oil industry maverick Robert O. Anderson (soon to be founder & CEO of Atlantic Richfield) met with Bayer and shared in Paepcke's and Bayer's vision. In 1949, Paepcke organized a 20-day international celebration for the 200th birthday of German poet and philosopher Johann Wolfgang von Goethe. The celebration attracted over 2,000 attendees, including Albert Schweitzer, José Ortega y Gasset, Thornton Wilder, and Arthur Rubinstein.

In 1949, Paepcke founded the Aspen Institute; and later the Aspen Music Festival and eventually (with Bayer and Anderson) the International Design Conference at Aspen (IDCA). Paepcke sought a forum "where the human spirit can flourish", especially amid the whirlwind and chaos of modernization. He hoped that the Institute could help business leaders recapture what he called "eternal verities": the values that guided them intellectually, ethically, and spiritually as they led their companies. Inspired by philosopher Mortimer Adler’s Great Books seminar at the University of Chicago, Paepcke worked with Anderson to create the Aspen Institute Executive Seminar. In 1951, the Institute sponsored a national photography conference attended by Ansel Adams, Dorothea Lange, Ben Shahn, Berenice Abbott, and other notables. During the 1960s and 1970s, the Institute added organizations, programs, and conferences, including the Aspen Center for Physics, the Aspen Strategy Group, Communications and Society Program and other programs that concentrated on education, communications, justice, Asian thought, science, technology, the environment, and international affairs.

In 1979, through a donation by Corning Glass industrialist and philanthropist Arthur A. Houghton, Jr. the Institute acquired a 1,000-acre (4 km²) campus on the eastern shore of the Chesapeake Bay in Maryland, known today as the Wye River Conference Centers.

In 2005, it held the first Aspen Ideas Festival, featuring leading minds from around the world sharing and speaking on global issues. The Institute, along with The Atlantic, hosts the festival annually. It has trained philanthropists such as Carrie Morgridge.

Since 2013, the Aspen Institute together with U.S. magazine The Atlantic and Bloomberg Philanthropies has participated in organizing the annual CityLab event, a summit dedicated to develop strategies for the challenges of urbanization in today's cities.

Walter Isaacson is President and CEO of Aspen Institute. Isaacson announced in March 2017 that he would step down as president and CEO at the end of the year. On November 30, 2017, Daniel Porterfield was announced as his successor. Porterfield will succeed Isaacson on June 1, 2018.
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