Carnegie Foundation
Encyclopedia
The Hague
The Hague is the capital city of the province of South Holland in the Netherlands. With a population of 500,000 inhabitants , it is the third largest city of the Netherlands, after Amsterdam and Rotterdam...
, Netherlands
Netherlands
The Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...
. It was founded in 1903 by Andrew Carnegie
Andrew Carnegie
Andrew Carnegie was a Scottish-American industrialist, businessman, and entrepreneur who led the enormous expansion of the American steel industry in the late 19th century...
in order to manage his donation of US$1.5 million, which was used for the construction, management and maintenance of the Peace Palace
Peace Palace
The Peace Palace is a building situated in The Hague, Netherlands. It is often called the seat of international law because it houses the International Court of Justice , the Permanent Court of Arbitration, the Hague Academy of International Law, and the extensive Peace Palace Library.In addition...
. The Peace Palace was built to house the Permanent Court of Arbitration
Permanent Court of Arbitration
The Permanent Court of Arbitration , is an international organization based in The Hague in the Netherlands.-History:The court was established in 1899 as one of the acts of the first Hague Peace Conference, which makes it the oldest institution for international dispute resolution.The creation of...
and a library of international law.
The Foundation became the legal owner of the Peace Palace
Peace Palace
The Peace Palace is a building situated in The Hague, Netherlands. It is often called the seat of international law because it houses the International Court of Justice , the Permanent Court of Arbitration, the Hague Academy of International Law, and the extensive Peace Palace Library.In addition...
since the Permanent Court of Arbitration
Permanent Court of Arbitration
The Permanent Court of Arbitration , is an international organization based in The Hague in the Netherlands.-History:The court was established in 1899 as one of the acts of the first Hague Peace Conference, which makes it the oldest institution for international dispute resolution.The creation of...
, which is based there along with its library, could not own the building under Dutch law.
The Foundation has five Dutch board members, of which four are chosen by the Dutch monarch
Monarchy of the Netherlands
The Netherlands has been an independent monarchy since 16 March 1815, and has been governed by members of the House of Orange-Nassau since.-Constitutional role and position of the monarch:...
and one by the Supervisory Board of the Permanent Court of Arbitration
Permanent Court of Arbitration
The Permanent Court of Arbitration , is an international organization based in The Hague in the Netherlands.-History:The court was established in 1899 as one of the acts of the first Hague Peace Conference, which makes it the oldest institution for international dispute resolution.The creation of...
. Current chairman of the Carnegie Foundation is Hans van den Broek
Hans van den Broek
Henri van den Broek is a leading Dutch politician. He is best known for having served 11 years as the Netherlands' Minister of Foreign Affairs between 1982 and 1993, when he became European Commissioner for Foreign Relations.-Career:Van Den Broek started his career as a lawyer...
.
Since 1931 the foundation has been entrusted with the annual awarding of the Wateler Peace Prize
Wateler Peace Prize
The Wateler Peace Prize is awarded annually by the Dutch Carnegie Foundation and is named for J.G.D. Wateler who, upon his death on 22 July 1927 "bequeathed his estate to the Dutch State, under the proviso that the annual revenue accruing from it should be expended upon the awarding of a prize to...
.
The Carnegie Foundation is a member of the Hague Academic Coalition
Hague Academic Coalition
is a consortium of academic institutions in the fields of international relations, international law and international development.-Members and Organization:The member institutions are:* Carnegie Foundation*...
. 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
is founded in 2011 in The Hague, The Netherlands . Former US Secretary of State Madeleine Albright is chair of the advisory council of the institute. THIGJ was founded as an independent centre of expertise, dedicated to the promotion of knowledge of law and justice as the basis of and in relation...
, a newly established research institute in The Hague
The Hague
The Hague is the capital city of the province of South Holland in the Netherlands. With a population of 500,000 inhabitants , it is the third largest city of the Netherlands, after Amsterdam and Rotterdam...
.