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Schwab Foundation for Social Entrepreneurship
Swiss not-for-profit organization
The Schwab Foundation for Social Entrepreneurship is a Swiss not-for-profit organization founded in 1998 that provides platforms at regional, national, and global levels to promote social entrepreneurship.[1] The foundation is under the legal supervision of the Swiss Federal Government.
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Its headquarters are in Geneva, Switzerland. Each year, it selects 20–25 social entrepreneurs through a global "Social Entrepreneur of the Year" competition.[2][3]
History
In 1998, Klaus Schwab and his wife Hilde decided to create the independent not-for-profit Schwab Foundation for Social Entrepreneurship.[4] Its mission was to promote social innovation.
This new foundation was complementary to the World Economic Forum,[5] founded by Klaus Schwab in 1971.[4]
Pamela Hartigan, who joined in October 2000, was its first managing director.
The Foundation