Stuttgart companies foster researchand are socially committed
The establishment of a foundation is a clear commitment to social responsibility. Citizens can freely engage their efforts for the good of society, influence community life and actively shape the country. The former latter have meanwhile reached their organisational limits in respect of social, economical and cultural issues. Many projects oriented towards the common good can only be achieved with the help of foundations.
The Stuttgart region has the most dynamic foundation community in Germany. There are over 1,100 foundations within the city’s administrative district. The state capital also has at its disposal considerable foundation assets spread over 28 legally dependent foundations and 28 funds.
One of the oldest foundations was established in 1269, the “Hospital Foundation of the Holy Spirit” in Schwaebisch Gmuend. Foundations endure for centuries, even withstanding wars and revolutions. Nowadays they are increasingly fulfilling the role of influential movers encouraging an active society of citizens. Focuses include research, education, environment, culture, social affairs and international cooperation. Like a commercial enterprise, they also seek success, coupled with the objective of a good cause.
In view of the relevance and necessary professionalism in the management and organisation of foundations, the European Business School has been offering for years intensive part-time courses in foundation management.
Around 100 legally independent foundations from the Stuttgart region have joined together in the “Initiativkreis -Stuttgarter Stiftungen“ (Initiative Group of Stuttgart Foundations), forming a forum for exchanging information and experience.