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 o ...

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 in ...

in order to manage his donation of US$1.5 million, which was used for the construction, management and maintenance of the

Peace Palace , native_name_lang = , logo = , logo_size = , logo_alt = , logo_caption = , image = La haye palais paix jardin face.JPG , image_size = , image_alt = , image_caption = The Peace Palace, The Hague , map_type = , map_alt = , m ...

. 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 a ...

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