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The Carnegie Foundation is an Organization set up by, and named after, Andrew Carnegie , the Scottish-American industrial magnate and philanthropist. It was Carnegie's generous gift of $1.5 million that made it possible to carry out plans for the construction of the Peace Palace in 1903 , the year in which it was founded. The Foundation remains 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 . EXTERNAL LINKS |
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