The Carnegie Corporation was founded by the will of Andrew Carnegie in 1911 to "promote the advancement and diffusion of knowledge and understanding." It is the tenth of twelve Andrew Carnegie (November 25, 1835–August 11, 1919) was a Scottish-American businessman and philanthropist. ... A database query syntax error has occurred. ...
Based on an initial 135-million dollar grant, the Corporation is now worth 1.9 billion dollars. At its current rate, it gives away 80 million per year; thus, if the Corporation ceased making a profit today, it would be able to continue its charitable works for another 23 years. Charity is a term in Christian theology (one of the three theological virtues), meaning loving kindness towards others; it is held to be the ultimate perfection of the human spirit, because it is said to both glorify and reflect the nature of God. ...
Institutions which have received grants from the Carnegie Corporation
Sesame Workshop, formerly known as the Childrens Television Workshop (or CTW), is a non-profit organization behind the production of several educational childrens programs that have run on public broadcasting around the world (including PBS in the United States), as well as Noggin, a joint venture with Viacom... The Massachusetts Institute of Technology, or MIT, is a research institution and university located in the city of Cambridge, Massachusetts directly across the Charles River from Bostons Back Bay district. ...
External Link
Carnegie Corporation of New York (http://www.carnegie.org/)
Young Carnegie started work at an early age as a bobbin boy in a cotton mill, and a few years later was engaged as a telegraph clerk and operator with the Atlantic and Ohio Company.
Carnegie married Louise Whitfield in 1887 and had one daughter, Margaret, who was born in 1897.
Carnegie was one of over 50 wealthy members of the South Fork Fishing and Hunting Club, which operated an exclusive and secretive retreat at a mountain lake near South Fork, Pennsylvania.
Carnegies father was greatly discouraged by his inability to support his family, and his mother made it clear that she was greatly disappointed in her husband and saddened by their poverty.
Carnegies investment income was almost $50,000 per year by 1868, and although hed promised himself hed retire from business and devote himself to philanthropy and education at the age of 35, a trip to England resulted in a change of plans.
Carnegies love of reading developed from his childhood experience in the library of a local businessman and he had always wanted to make the reading experience available to everyone as a means of self education.