Andrew Carnegie, like other leading internationalists of his day, believed that war could be eliminated by stronger international laws and organizations. "
I am drawn more to this cause than to any," he wrote in 1907.
Carnegie's single largest commitment in this field was his creation of the Carnegie Endowment for International Peace.

On his seventy-fifth birthday, November 25, 1910, Andrew Carnegie announced the establishment of the Endowment with a gift of $10 million worth of first mortgage bonds, paying a 5% rate of interest.
The interest income generated from these bonds was to be used to fund a new think tank dedicated to advancing the cause of world peace.
In his deed of gift, presented in Washington on December 14, 1910, Carnegie charged trustees to use the fund to "hasten the abolition of international war, the foulest blot upon our civilization", and he gave his trustees "the widest discretion as to the measures and policy they shall from time to time adopt" in carrying out the purpose of the fund.

Carnegie chose longtime adviser Elihu Root, Senator from New York and former Secretary of War and of State, to be the Endowment's first president.
Awarded the Nobel Peace Prize in 1912, Root served until 1925.
Founder trustees included Harvard University president Charles William Eliot, philanthropist Robert S. Brookings, former U.S. Ambassador to Great Britain Joseph Hodges Choate, former Secretary of State John W. Foster, and Carnegie Foundation for the Advancement of Teaching president Henry Smith Pritchett.
Andrew Carnegie, like other leading internationalists of his day, believed that war could be eliminated by stronger international laws and organizations. "I am drawn more to this cause than to any," he wrote in 1907. Carnegie's single largest commitment in this field was his creation of the Carnegie Endowment for International Peace.
On his seventy-fifth birthday, November 25, 1910, Andrew Carnegie announced the establishment of the Endowment with a gift of $10 million worth of first mortgage bonds, paying a 5% rate of interest. The interest income generated from these bonds was to be used to fund a new think tank dedicated to advancing the cause of world peace. In his deed of gift, presented in Washington on December 14, 1910, Carnegie charged trustees to use the fund to "hasten the abolition of international war, the foulest blot upon our civilization", and he gave his trustees "the widest discretion as to the measures and policy they shall from time to time adopt" in carrying out the purpose of the fund.
Carnegie chose longtime adviser Elihu Root, Senator from New York and former Secretary of War and of State, to be the Endowment's first president. Awarded the Nobel Peace Prize in 1912, Root served until 1925. Founder trustees included Harvard University president Charles William Eliot, philanthropist Robert S. Brookings, former U.S. Ambassador to Great Britain Joseph Hodges Choate, former Secretary of State John W. Foster, and Carnegie Foundation for the Advancement of Teaching president Henry Smith Pritchett.
Carnegie Endowment for International Peace