Siemens to establish nonprofit foundation
Howard Lake | 4 October 2008 | News
Electronics and electrical engineering company Siemens AG is creating a nonprofit foundation with an endowment of €400 million.
The Siemens Foundation will incorporate the company’s corporate citizenship activities, including the Siemens Generation21 and Siemens Caring Hands programmes.
Based in Munich, Germany, it will focus primarily on technology, education, “charitable programmes”, the arts and culture, and will begin operations as an independent entity in early 2009. It will operate at national and international levels.
www.siemens.com
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About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.