The Carnegie Corporation of New York is an example of a high-profile grant-making foundation. Made in 1911 by Andrew Carnegie, the Carnegie Corporation of New York promotes “the advancement and diffusion of expertise and understanding.” The foundation has an substantial Website at www.carnegie.org, exactly where you can actually read in regards to the history and philanthropic endeavors of your organization. The webpage consists of the biography of Andrew
Carnegie, born in Scotland in 1835, who immigrated with his household for the United states of america in 1848 and went to operate as a bobbin boy within a cotton mill at age 13. Just after attempting his hand at a quantity of several occupations, he established his personal home business in 1865 and went on to form the Carnegie Steel Provider, which started the Pittsburgh steel sector. At age 65, he sold the Carnegie Steel Provider to J.P. Morgan for $480 million, and from that point forward devoted his life to philanthropic activities. One particular of his big accomplishments was to establish zero cost public libraries in order that absolutely everyone could have access to self-education. Beneath his direction, more than $56 million was spent to create two,509 libraries in English-speaking nations all through the planet.
