Carnegie Philanthropy Quotes

Elon Musk (of Tesla, SpaceX, and SolarCity), Jeff Bezos (of Amazon), and Reed Hastings (of Netflix) are other great shapers from the business world. In philanthropy, Muhammad Yunus (of Grameen), Geoffrey Canada (of Harlem Children’s Zone), and Wendy Kopp (of Teach for America) come to mind; and in government, Winston Churchill, Dr. Martin Luther King, Jr., Lee Kuan Yew, and Deng Xiaoping. Bill Gates has been a shaper in both business and philanthropy, as was Andrew Carnegie. Mike Bloomberg has been a shaper in business, philanthropy, and government. Einstein, Freud, Darwin, and Newton were giant shapers in the sciences. Christ, Muhammad, and the Buddha were religious shapers. They all had original visions and successfully built them out.

reality, a businesslike approach to charity has been dominant within large-scale organized philanthropy for at least 120 years, ever since industrialists such as Carnegie and Rockefeller vowed to apply business techniques to the realm of philanthropy.

In an attempt to head off such stinging and potentially damaging criticism both Rockefeller and Carnegie poured hundreds of millions of dollars into public works. In Rockefeller’s case the money went to Chicago University, the Rockefeller Institute for Medical Research (today Rockefeller University), and the General Education Board that announced it would teach children ‘to do in a perfect way the things their fathers and mothers are doing in an imperfect way’. In 1913 he and his son established the Rockefeller Foundation that remains one of the richest charitable organisations in the world. Carnegie too used his money to encourage education. His grand scheme was to fund the opening of libraries, and between 1883 and 1929 more than 2,000 were founded all over the world. In many small towns in America and in Britain, the Carnegie Library is still one of their most imposing buildings, always specially designed and built in a wide variety of architectural styles. In 1889, Carnegie wrote his Gospel of Wealth first published in America and then, at the suggestion of Gladstone, in Britain. He said that it was the duty of a man of wealth to set an example of ‘modest, unostentatious living, shunning display or extravagance’, and, once he had provided ‘moderately’ for his dependents, to set up trusts through which his money could be distributed to achieve in his judgement, ‘the most beneficial result for the community’. Carnegie believed that the huge differences between rich and poor could be alleviated if the administration of wealth was judiciously and philanthropi-cally managed by those who possessed it. Rich men should start giving away money while they lived, he said. ‘By taxing estates heavily at death, the state marks its condemnation of the selfish millionaire’s unworthy life.

Some have said that Grandfather and Father, along with Andrew Carnegie, invented modern philanthropy. That may be true, but it may also claim too much. What the two of them did was emphasize the need to move charitable activities away from treating the symptoms of social problems toward understanding and then eliminating the underlying causes. This led them both to embrace a scientific

the Carnegie approach to wealth: increase concentration at the top and hope wealth reaches the masses through charitable bequests.

Carnegie, in fact, unlike many rich people then and now, believed in a punitive estate tax that would encourage philanthropy: “Of all forms of taxation, this seems the wisest.

Long before Feeney popularized giving while living, the early-twentieth-century philanthropist Julius Rosenwald preached the same gospel—with a remarkably similar slogan, “Give While You Live.” The founder of Sears, Roebuck, Rosenwald’s name is now largely forgotten precisely because he didn’t emulate contemporaries like John D. Rockefeller and Andrew Carnegie in creating a permanent foundation. Yet Rosenwald may have had as much impact as either philanthropist because of what he did do, which was to sink a lot of his fortune into helping build 5,300 schools for black children throughout the South. It was the kind of huge up-front capital investment that a more cautious foundation, mindful of preserving its endowment, would never have made. But Rosenwald’s cash and boldness had a transformative effect on African-American chances in the Jim Crow South, where his schools educated the likes of John Lewis, who helped lead the civil rights movement long after Rosenwald was gone.

expansion of the public library movement in the United States, one of the chief goals behind Andrew Carnegie's widespread philanthropy was the creation of an uniquely American institution

the expansion of the public library movement in the United States, one of the chief goals behind Andrew Carnegie's widespread philanthropy was the creation of an uniquely American institution