The Susan and Elihu Rose Foundation recently gave $1 million to the Carnegie Hall of New York in conjunction with a $1 million challenge grant from the Carnegie Corporation of New York.

In a statement, New York-based nonprofit said that the total donations of $2 million would support the effort to digitize archival documents. The entire project is expected to cost $5 million and will make the vast collection accessible to a whole new audience.

The head of CCNY, Vartan Gregorian, said the gift came on the heels of a major anniversary for the organization.

"This year, Carnegie Corporation of New York is observing its centennial. To commemorate this landmark occasion, the corporation decided to celebrate not only its own accomplishments, but also the extraordinary philanthropic legacy of our founder, Andrew Carnegie. Hence, we are proud to make this challenge grant to Carnegie Hall," said Gregorian.

The Carnegie Corporation also made nonprofit accounting news after it donated $5 million to fund the New York Public Library system. Over the past 14 years, the foundation has given the system $15 million, giving necessary resources to branches throughout the Big Apple.