William Demant Foundation
William Demant Foundation is a commercial foundation whose main purpose is to secure and expand the commercial activities of Demant A/S and William Demant Invest and to donate money to charitable causes.
Demant was founded in 1904. Back then, Hans demant had a good reason for doing so: His wife Camilla suffered from a severe hearing loss, and Hans was determined to help her and others in a similar situation. From personal experience, Hans Demant knew about the complex psychological problems that people often experience when they have difficulty communicating.
In 1910, after his father passed away, William Demant took over the business and quickly proved to be an energetic businessman. He was both a visionary and personally engaged in treatment of hearing loss, and in 1957, he created William Demants og Hustru Ida Emilies Fond. The foundation was established to ensure that the company would continue as a business based on humanistic philosophy. Today, this foundation is known as William Demant Foundation.
William Demant Foundation's statutes declare that income must be used to support the needs of people with hearing loss as well as relevant organisations. The Foundation’s income derives from its investment under William Demant Invest.
William Demant Foundation sponsors social and educational programmes, publications, conferences, cultural activities and campaigns for researchers, hearing care professionals and the general public.
If you would like to read more about William Demant Foundation and its activities please visit www.williamdemantfoundation.com