Giesecke & Devrient sets up its own foundation
Munich--The international technology provider
Giesecke & Devrient (G&D) has set up its own foundation in Munich, Germany.
Christoph Hillenbrand, District President of Upper Bavaria, officially
handed over the deed of foundation. The G&D Foundation will primarily focus its
efforts on the fields of education, international understanding, and the printing arts.
It underscores the importance the company places on corporate social responsibility.
The family-owned company Giesecke & Devrient is streamlining and stepping up its
corporate citizenship activities by establishing a charitable foundation. The G&D
Foundation is based in Munich and has been furnished with principal assets of 20 million
euros. The annual returns from investment of this capital will be channeled into the
foundation to enable it to carry out its work, while the capital itself must remain untouched.
This will ensure that the foundation takes a sustainable approach to promoting the public
The foundation will primarily focus its efforts on the fields of education, international
understanding, and the printing arts. In terms of education, the G&D Foundation plans to
support existing projects and programs for children and young people while also setting
up its own initiatives. A further goal is to foster harmonious interaction between different
cultures and nations through an approach that contributes to a stronger, more cohesive
society. Sponsorship of the “stiftung neue verantwortung” – which translates as "new
responsibility foundation" – also pursues ideas which support this objective.
Berlin, this organization helps young people to conduct interdisciplinary research into
finding innovative solutions to the social challenges of our time.
In future, the G&D Foundation will also provide funding to the Museum of the Printing Arts
in Leipzig. The museum vividly illustrates the origins and core business of the company,
Giesecke & Devrient GmbH.
The G&D Foundation has a particular
interest in helping to maintain the historical legacy of the printing arts, thereby
documenting a key thread in the history of German industry and making it accessible to a
The foundation's Board of Trustees will be presided over by G&D’s owner, Verena von
Mitschke-Collande, on whose initiative the foundation was established.
You can find more information on the management committees and the G&D Foundation
itself by visiting www.gi-de-stiftung.org
Giesecke & Devrient (G&D) is a leading international technology provider headquartered in Munich,
Germany. With a headcount of more than 10,000 employees, the Group generated sales of EUR 1.7 billion in
fiscal 2009. Founded in 1852, G&D is a global market leader and pioneering innovator in banknote production
and processing, smart card solutions and services for telecommunications and electronic payment, and security
documents and identification systems. 65 subsidiaries and joint ventures in 32 countries ensure customer
proximity worldwide. For more information, visit our website at: www.gi-de.com.