Andrew Carnegie, Philanthropy
Owen Siegel
Mr. Roddy
IHSS
4/19/22
Andrew Carnegie, Philanthropy
Andrew Carnegie started his life living in a modest financial situation and became extremely rich after moving to America with his family in order to find new work. He was able to fulfill this by working a variety of different jobs and leading his own business. His work especially focused on the railroad for a long period of time, and he also started his own company. While Carnegie had always been generous with his money, he spent all of his time focusing on philanthropy in 1901, after selling Carnegie steel for $480 million dollars. Carnegie was especially passionate about the rich donating money and wrote “The Gospel of Wealth”, which explained that every rich person is morally obligated to share their money, and dying rich without sharing is disgraceful. For the rest of his life, Andrew always stayed true to these words, making huge contributions to different aspects of American life. He was passionate about world peace and education, and much of his contributions focused on achieving these goals. One of his first large-scale contributions was founding the Carnegie Foundation, which focused on furthering research in science. At this same time, he also donated $10 million to pension funds for teachers, both showing that he cared an enormous amount about education and research. He also donated a huge amount of money in order to provide for the building of over 2000 different public libraries. He was a strong advocate for the importance of reading, for students and adults alike. The second of his goals while dedicating his life to philanthropy, world peace, was worked on by establishing the Carnegie Endowment for International Peace. This was a private non-profit organization, which focused on creating more active international engagement for the U.S., in order to create peace with other nations around the world. Maybe the most recognized of his contributions, Carnegie Hall, was singlehandedly funded by Andrew Carnegie, in a hopes not only to create the Music Hall we know today but a historical landmark where people could represent themselves. This goal was fulfilled at the time as many different civic organizations spoke out there, and other important events were held there.
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