At a Glance
Founded | September 2008 |
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Legal form | Foundation organized under the German Civil Code |
Objective | ENCOURAGE. empowering people. The Siemens Stiftung wants to empower people to actively address the social challenges of today and refers thereby ideally to the values of Werner von Siemens. The Foundation is committed to enlarging basic services and social entrepreneurship, promoting education and strengthening of culture. The Siemens Stiftung pursues an integrative approach and stands for responsible, impact-oriented and innovative project work. |
Employees | 30 (in Munich and Erlangen) |
Initial endowment | €390 million (founder = Siemens AG); the Siemens Stiftung carries out its mandate on the income generated from the foundation’s assets (see Annual report / transparency). |
Structure | Corporate governance structure with clear responsibilities; |
Current areas of focus | |
Current regional focus | Africa, Latin America and Europe (especially Germany) |
Project goals |
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Our approach |
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Origins of Siemens Stiftung
Our founder, Siemens AG, can look back on a 160-year tradition of corporate citizenship. The establishment in 2008 of the Siemens Stiftung, which is internationally active in the current focus regions of Africa, Latin America and Germany/Europe, represented a logical intensification of these efforts. With the establishment of this foundation, Siemens AG contributes in particular to meaningful, efficient development cooperation, with well-known local and international key players as its partners. An important part of the current Stiftung program builds on the expertise of former Siemens employees in the areas of corporate citizenship, the arts, and the SiemensForums in Erlangen and Munich.
After further developing its strategic focus in fiscal 2010, the Siemens Stiftung foundation today concentrates primarily on comprehensive projects and models. The central activities in the area of education were already transferred to the Siemens Stiftung as of January 1, 2009, as were the social activities of the Erlangen and Munich SiemensForums and the Siemens Arts Program as of October 1, 2009 – and these fields have now been incorporated as part of the Stiftung’s focus on its three new working areas.
