3.7 OUR SOCIAL RESPONSIBILITY GRI 3-3, 403-3, 403-4, 403-5 THE BEURER FOUNDATION AND ITS MANAGEMENT As a family-owned company we have always considered it particularly important to give back to society and to people – at our locations and globally. In 2015, the Beurer Foundation was founded, which promotes education and aims to support disadvantaged children, young people and women, as well as preserving the environment. The Management of the Beurer Foundation lies within the responsibility of its foundation board and the project management team. The Board of Trustees acts as independent decision-making body and Being a non-profit organization, the Beurer Foundation aims to use each Euro as efficiently as possible. Additionally, it aims to act as a reliable and long-term partner for its supported projects. This allows for longterm planning of projects and the project management to focus on the impact of the initiatives rather than having to invest resources into the search for the next year of funding. In the coming years, the Board of Trustees has also decided to add projects in the environmental sphere as an additional focus. “We have experienced the dangers of climate change first hand, for OUR GOAL oversees the project results, while the German authorities act as an additional supervising party. The Beurer Foundation is a nonprofit organization and mainly funded by profits distributed by the Beurer GmbH. Its main goal is to use the available funding as efficiently as possible, by creating a large impact with every Euro spent. Leadership positions are honorary and additional labor cost is kept low through part-time collaborations. In order to ensure that funds are used as intended, each project must The projects supported by the Beurer Foundation can be regional (located in Ulm and its neighboring towns), national (located in Germany) and international (throughout the world). The newly developed impact matrix can be applied to all social projects, allowing for an assessment of their impact. OUR PROGRESS OUR GOALS “Through the Beurer Foundation, we want to promote the education and training of disadvantaged children, young people and women.” report on the use of the funding and project details twice a year, which is then reviewed by the board of trustees at one of its regular meetings. example with recent floodings in the south of Germany. The ecological crisis is growing. Therefore we have decided that the time has come for the Beurer Foundation to expand its field of impact. Because the environmental issues we are currently facing, and those we will face in the future, are not something we can turn a blind eye to. At the same time, as a foundation that has been focusing on supporting women and children, who are among those most significantly impacted by climate change, we see it as our responsibility, to also focus on this issue.” – Alexandra Bühler, member of the board of the Beurer Foundation. BILD STIFTUNG? OUR DONATIONS BY PROJECTS OUR DONATIONS BY COUNTRY Hoffnungsträger Deutscher Kinderschutzbund Ulm/Neu-Ulm Project “Weihnachtsverkauf” Concordia Sozialprojekte, Stuttgart GoldenHearts Ulm, Eigenprojekt Beurer-Stiftung In Via, jmd Ulm Adept e.V. Frauendorf Umoja Regionale Lerntherapien GoldenHearts uG, Pforzheim Café Canapé Ulm menschlichkeit-Ulm e.V. terre des hommes Caritas Ulm Für Sierra Leone e.V. Small regional projects Uppahar e.V. Germany Moldava Uganda Kenya Vietnam Sierra Leone India 72 % 10 % 6 % 6 % 2 % 1 % 13 % 12 % 12 % 10 % 9 % 8 % 6 % 6 % 5 % 4 % 4 % 3 % 3 % 2 % 2 % 1 % 1 % 3 % 42 43
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