The Carnegie Foundation ( nl, Carnegie Stichting) is an organization based in

The Hague The Hague ( ; nl, Den Haag or ) is a city and municipality of the Netherlands, situated on the west coast facing the North Sea. The Hague is the country's administrative centre and its seat of government, and while the official capital of ...

Netherlands ) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherl ...

. It was founded in 1903 by

Andrew Carnegie Andrew Carnegie (, ; November 25, 1835August 11, 1919) was a Scottish-American industrialist and philanthropist. Carnegie led the expansion of the American steel industry in the late 19th century and became one of the richest Americans i ...

in order to manage his donation of US$1.5 million, which was used for the construction, management and maintenance of the Peace Palace. The Peace Palace was built to house the

Permanent Court of Arbitration The Permanent Court of Arbitration (PCA) is a non-UN intergovernmental organization located in The Hague, Netherlands. Unlike a judicial court in the traditional sense, the PCA provides services of arbitral tribunal to resolve disputes that arise ...

and a library of international law. The foundation became the legal owner of the Peace Palace because the Permanent Court of Arbitration, which is based there along with its library, could not own the building under Dutch law. The foundation has five Dutch board members, of whom four are chosen by the

Dutch monarch The monarchy of the Netherlands is a constitutional monarchy. As such, the role and position of the monarch are governed by the Constitution of the Netherlands. Consequently, a large portion of it is devoted to the monarch. Roughly a third of ...

and one by the Supervisory Board of the Permanent Court of Arbitration. The current chairman of the Carnegie Foundation is

Bernard Bot Bernard Rudolf "Ben" Bot (; born 21 November 1937) is a retired Dutch politician and diplomat of the Christian Democratic Appeal (CDA). He served as Minister of Foreign Affairs from 3 December 2003 until 22 February 2007 in the Cabinets Balkene ...

. Since 1931, the foundation has been entrusted with the annual awarding of the Wateler Peace Prize. The Carnegie Foundation is a member of the Hague Academic Coalition. This is a consortium of institutions in the fields of international relations, international law and international development, based in The Hague. The Carnegie Foundation is one of the founding partners of

The Hague Institute for Global Justice The Hague Institute for Global Justice, or simply The Hague Institute, is an international think tank based in The Hague, Netherlands. It was established in 2011 by a consortium of partners including the Municipality of The Hague, an academic coa ...

, a recently-closed research institute in

References

External links

The Peace Palace and Carnegie Foundation websiteList of chairmen
{{Authority control Andrew Carnegie Foundations based in the Netherlands Charities based in the Netherlands Organisations based in The Hague 1903 establishments in the Netherlands Organizations established in 1903