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Corporate Social Responsibility
News
11.21.2007 - 09:29am ET
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Bayer Foundation Awards $1.5 Million in Grants to Support Science and Environmental Education, Sustainability
(CSRwire) PITTSBURGH - November 21, 2007 - The Bayer Foundation today announced it
will award a total of $1.5 million in grants over the next few years to a
number of nonprofit organizations and universities for programs that
foster sustainable development, science and environmental education,
workforce development, diversity and the arts.
"With so many fine organizations operating such worthy programs, it
becomes increasingly difficult each year to select those for funding.
That said, we believe we have identified a number of organizations that
are providing leading-edge educational opportunities in key areas that are
both important to Bayer and among the most urgent for us, as a country, to
begin addressing," said Dr. Attila Molnar, President and CEO, Bayer
Corporation, and President, Bayer Foundation.
From "green" chemistry and sustainable boating and energy technologies to
initiatives designed to bolster diversity and reverse underrepresentation
by women and minorities in STEM (science, technology, engineering and
mathematics) fields, these recent Bayer Foundation grant recipients
represent eight national and regional organizations and universities
working in these and other areas. They include:
American Chemical Society
The grant will be shared by two educational initiatives aimed at high
school students: Project SEED and Green Chemistry High School Teacher
Workshops. Project SEED will receive funding to train a new volunteer
mentor and coordinator and to bring the program to Houston and pay the
summer stipend for the first two SEED students there. Project SEED gives
economically disadvantaged high school students, particularly
underrepresented minorities, an opportunity to experience careers in
chemistry-related sciences. Students work in academic, industrial or
government research laboratories for 8 to 10 weeks during the summer where
they perform scientific research under the supervision of volunteer
mentors.
The remainder of the grant will fund two Green Chemistry High School
Teacher Workshops to be held in 2008 in Pittsburgh near the Bayer
MaterialScience headquarters and in Research Triangle Park, N.C., where
Bayer CropScience is headquartered. These hands-on workshops, that will
involve Bayer executives from both companies, will instruct teachers in
the principles of green chemistry and the design of chemical products and
processes that reduce or eliminate the use and generation of hazardous
substances.
Duquesne University
The University will receive a grant over an eight-year period to
establish the Bayer School of Natural and Environmental Sciences
Scholarship/Internship program. The grant will fund
scholarships/internships for 20 female and minority students. This new
program is designed to be a four-year educational experience, with
freshmen and sophomores serving as laboratory assistants and participating
in undergraduate research projects at Duquesne University in Pittsburgh, as
well as visiting industrial research labs. Juniors and seniors would be
eligible for additional scholarship support and intensive summer
internships.
RiverQuest
This nonprofit organization, based in Pittsburgh and dedicated to
environmental science education, will receive a multi-year grant to
support two of its sustainability education programs aimed at middle and
high school students. The first, Green Science and Alternative Energy
Excursion, will herald the arrival of the Explorer, one of the first
green passenger vessels in the world and a practical model for sustainable
boating technology worldwide. This new program will provide students with
a standards-based field study about green building and energy technologies
for boats, cars and buildings. The second, Environment, Energy and
Economy, is a new experiential science program to be featured on the
Explorer aimed at fostering scientific literacy and awareness of
environmental issues, including watersheds and human impacts on the
natural environment.
Horticultural Society of Western Pennsylvania
The Society will receive a multi-year grant from the Bayer Foundation for
Phase I of the new Botanic Garden of Western Pennsylvania. Phase I
involves pre-construction activities, including complete reclamation of
approximately 200 acres of land leased by the Horticultural Society along
the Pittsburgh Airport corridor that will become the site of the new
Botanic Garden. Reclamation efforts call for "daylighting" or cleaning up
abandoned coal mines, removal of significant amounts of coal and waste
coal, and surface contouring, among others.
The Botanic Garden is scheduled to open in 2009 after three additional
phases have been completed. In addition to its collection of regional
flora, it will offer horticultural and environmental education and
research programs focused on botanical issues of regional importance.
Pittsburgh Airport Area Chamber Enterprise Foundation
Support to this organization will expand the career-oriented workshop,
CHOICES, to 750 teens, many of them at risk of dropping out of school, in
six area middle schools. CHOICES is an interactive decision-making
workshop that empowers at-risk teens to achieve academic success in
pursuit of their careers and life aspirations. In two hour-long sessions,
business and community volunteers take students through real-world
exercises intended to improve academic self-discipline, time and money
management, and goal setting - all designed to increase their motivation
and engagement in both their education and future.
Junior Achievement of Western Pennsylvania
JA will receive a grant to help support the organization's
Pittsburgh's Future...Now program. Middle school students in this
program will identify opportunities in the local job market for future job
growth through research and interacting with local business and industry
with five in-class lessons. The program will cover topics such as changes
in the labor force; how demand determines wages; hiring practices;
importance of benefits; and job recruitment campaigns. The experience
will culminate with a student job fair competition at Duquesne University,
Pittsburgh, during Imagine Week 2008, April 21-25.
World Affairs Council of Pittsburgh
This grant will fund the non-partisan group's Global Diversity
Initiative, which focuses on both workforce development and diversity.
The initiative is designed to strengthen educational programs in the
community, secondary schools, colleges and universities, and the private
sector that foster greater understanding of globalization and its impact
on economic, community and workforce development, as well as on the
increasingly diverse international communities in Western Pennsylvania.
Part of the initiative is aimed at helping companies and communities
better understand their own workforce and diversity issues.
Pittsburgh Symphony Orchestra
The PSO will receive a grant to help support the 2007-2008 season of the
critically lauded Audience of the Future program. This innovative
hands-on arts education program enables Pittsburgh-area high school
students to plan, produce, program and implement a Pittsburgh Symphony
Orchestra concert over the course of a season. Proceeds from ticket sales
benefit the arts and music programs of the participants.
About The Bayer Foundation
The Bayer Foundation is an endowed 501(c)(3) entity and is the primary
source of Bayer Corporation's philanthropy in the United States. With a
programmatic focus on civic and social service programs, education and
workforce development, arts and culture, and health and human services,
the Bayer Foundation creates and supports partnerships that improve
communities in which Bayer employees live and work.
About Bayer Corporation
Bayer Corporation, headquartered in Pittsburgh, is a subsidiary of Bayer
AG, an international health care, nutrition and innovative materials group
based in Leverkusen, Germany. In North America, Bayer had 2006 net sales of
7.8 billion euros and employed 17,200 at year end. Bayer's three
subgroups, Bayer HealthCare, Bayer CropScience and Bayer MaterialScience,
improve people's lives through a broad range of essential products that
help prevent and treat diseases; protect crops and enhance yields; and
advance automobile safety and durability. In addition, Bayer Corporate and
Business Services provides business-critical services and
market-competitive solutions to Bayer subgroups in the North American
Region.
Forward-Looking Statements
This news release contains forward-looking statements based on current
assumptions and forecasts made by Bayer Group management. Various known
and unknown risks, uncertainties and other factors could lead to material
differences between the actual future results, financial situation,
development or performance of the company and the estimates given here.
These factors include those discussed in our annual and interim reports
filed with the Frankfurt Stock Exchange. The company assumes no liability
whatsoever to update these forward-looking statements or to conform them
to future events or developments.
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