Carnegie Social Initiative, a non-profit organisation registered in Sweden, was established in September 2002. The organisation is an entirely separate unit from the Carnegie Group.

Carnegie Social Initiative makes it possible for Carnegie employees to contribute to development projects in poor countries in Asia and in the Baltics. The strategy is to find and support small and efficient health and education projects with excellent track record. Thorough monitoring and regular feedback on project performance is an essential part of the concept. With these contributions, the supported projects can provide more people with basic education and health care - people who today have no access to these services.

The aim of Carnegie Social Initiative is to become the Nordic region's most cost-efficient way to channel private resources to high-quality development projects in poor countries.

The organisation is financed through contributions from Carnegie employees and will not, therefore, affect the Carnegie Group's results. The financial platform for Carnegie Social Initiative is provided by a number of leading staff in Carnegie, who have agreed to finance all running costs of the organisation for a two-year period.

"Project Door Step provides education to over 2,500 children in the slums of Bombay - children who would otherwise remain illiterate"