- In 1998, Klaus Schwab and his wife Hilde decided to create a second complementary foundation, the Schwab Foundation for Social Entrepreneurship, with the purpose to promote social innovation. The Foundation is financed from the initial endowment provided by Klaus and Hilde Schwab plus grants and fees for services provided to individuals, foundations or companies. In addition to identifying the world’s leading social entrepreneurs, the Foundation fosters peer-to-peer exchanges and community building between them. The Foundation identifies rising social entrepreneurs under the age of 40 through its Forum of Young Global Leaders. Scholarship opportunities for executive education opportunities are offered to selected social entrepreneurs in conjunction with Harvard and Stanford Universities and INSEAD.
Schwab Foundation for Social Entrepreneurship (Switzerland)
