Carnegie Foundation (Netherlands)

Carnegie Foundation (Netherlands)

:"This article is about the Dutch Carnegie Foundation, owner and manager of the Peace Palace. For other uses, see The Carnegie Foundation."

The Carnegie Foundation ("Carnegie Stichting" in Dutch) is an organization based in The Hague, The Netherlands. It was founded in 1903 by Andrew Carnegie in order to manage his donation of $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 and a library of international law.

The Foundation became the legal owner of the Peace Palace since 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, from which four are chosen by the Dutch monarch and one by the Supervisory Board of the Permanent Court of Arbitration. Current chairman of the Carnegie Foundation is Hans van den Broek.

Since 1931 the foundation has been entrusted with annual presentation of the Wateler Peace Prize.

The Carnegie Foundation is a member of the Hague Academic Coalition (HAC). This is consortium of institutions in the fields of international relations, international law and international development, based in The Hague.

Its member institutions are:

*T.M.C. Asser Instituut
*Institute of Social Studies
*Grotius Centre for International Legal Studies, Campus The Hague, Leiden University
*Netherlands Institute of International Relations 'Clingendael'
*Carnegie Foundation
*Hague Institute for the Internationalisation of Law

External links

* [http://www.vredespaleis.nl/ The Peace Palace]
* [http://www.carnegie-stichting.nl/cs-voorzitters-nl.htm List of chairmen]


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