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The Clay Mathematics Institute (CMI) is a private, non-profit foundation dedicated to increasing and disseminating mathematical knowledge. Formerly based in Peterborough, New Hampshire, the corporate address is now in Denver, Colorado. CMI's scientific activities are managed from the President's office in Oxford, United Kingdom. It gives out various awards and sponsorships to promising mathematicians. The institute was founded in 1998 through the sponsorship of Boston businessman Landon T. Clay. Harvard mathematician Arthur Jaffe was the first president of CMI.