Giving with purpose
Bosch has a long tradition of promoting education
Company founder Robert Bosch was an early activist, striving to improve the living conditions of his time – be it by inventing helpful products or through generous donations and endowments to support social projects. He realized that education was the key to increasing social wealth and improving quality of life. Since 1964, the Robert Bosch Stiftung has continued this charitable commitment. It holds 92 percent of the capital stock of Robert Bosch GmbH and derives its funds from the pro rata distribution of company dividends. Promoting education, especially in schools and universities, is among the areas the Stiftung focuses on.
The activities of Robert Bosch GmbH are also heavily influenced by the spirit of its socially committed founder. Bosch products should therefore not only serve the economic success of the company, they must also contribute to improving social living conditions – true to the “Invented for life” philosophy. At the same time, the company has been promoting education projects in Germany for decades. The company is co-founder of the Knowledge Factory, which conducts practical learning projects in kindergartens and schools. As a partner in the “Jugend forscht e.V.” foundation, it also organizes and finances several regional events for the national research competition.
In addition, Bosch encourages its associates to take on responsibility outside their workspace and get involved in charity work.
For example, a project organized by ten Bosch associates to help street children in Campinas, Brazil, in 1990 developed into the “Primavera Hilfe für Kinder in Not e.V.” organization. Today, the initiative is funded through contributions and donations from its over 600 members at many Bosch locations worldwide, and takes care of children from poor backgrounds.
The foundations of the Bosch national companies in Brazil, China, India, and the U.S. also provide sustainable local assistance. The Instituto Robert Bosch, the Bosch China Charity Center, the Bosch India Foundation, and the Bosch Community Fund are involved in education projects with various focal points and concepts in their regions. The foundations are financed by the national companies and in most cases work with huge support from local volunteers.
Education for life
Knowledge stimulates growth