Giving back to society
Since 1957, William Demant Foundation, the majority shareholder of Demant, has been a charitable business foundation whose main purpose is to secure and expand the commercial activities of the Demant Group. The Foundation reinvests in society by donating to altruistic cause, particularly in the MedTech industry.
The William Demant Foundation has donated more than 1 billion DKK, especially to research projects and knowledge-sharing within the field of audiology. It contributes generously to the hearing loss cause, as well as research, education, culture, and care.
Highlights of 2019
In 2019, the Foundation donated a total of DKK 153.2 million among others to Rigshospitalet and Aarhus University.
With a grant of DKK 40 million, the leading specialised hospital in Copenhagen, Rigshospitalet, will be able to offer complicated audiological patients specialised treatment and research within hearing loss, and to offer balance treatment at a new hearing and balance centre.
DKK 10 million from William Demant Foundation enables the Department of Engineering at Aarhus University to open a new research centre and ensures further development of a Danish designed technology for measuring electrical brain activity, making us wiser on how our brain and hearing are connected.
Read more about the William Demant Foundation and its activities.