Charles University

Charles University and Česká spořitelna team up

Money from bank foundation will go to education projects

The oldest Czech university, Charles University, and the country’s oldest bank, Česká spořitelna, are joining forces to strengthen education and science in the Czech Republic

The two institutions signed a memorandum of partnership and cooperation, in which they expressed their interest in cooperating on the Elixir for Schools project, managed by the Depositum Bonum Foundation.

They also want to support the Foundation’s other activities aimed at providing general support to education and to increasing the quality of university graduates. Charles University also plans to cooperate with Česká spořitelna on preparing financial programs focused on supporting innovation in the Czech economy.

“It is evident that universities in the Czech Republic can achieve sufficient quality if sufficient investment is made into them. That is why I am very glad that Česká spořitelna has decided to play a role in helping to increase the quality of the Czech university environment and support the efforts of Charles University to continuously improve the quality of its graduates, “ said the rector of Charles University, Tomáš Zima.

“The main concern is not only the competitiveness of schools and graduates in the EU, but in the global context as well. Support for education must be a shared priority of all of us, for only then do we have a chance to succeed,” he added.

In 2012, Česká spořitelna established the Depositum Bonum Foundation to make use of extraordinary income from discontinued anonymous passbooks. This is a unique step in the country’s history, when a private institution decided not to keep funds to which it is fully entitled by law, but to put them into a foundation, where they will be used for the benefit of the entire society.

The mission of the Foundation is to support training in natural sciences and technical disciplines and to increase the Czech Republic’s competitiveness. With an endowment of CZK 1.45 billion, the Depositum Bonum Foundation is the largest foundation in the country.

“At Česká spořitelna, we have viewed education and science as the most successful pillars of the successful development of Czech society for one hundred and ninety years. We are very happy that we can join our efforts to strengthen the level of education with as prestigious a university as Charles University,” said Pavel Kysilka, chairman of the management board of Česká spořitelna.

“The Depositum Bonum Foundation focuses on supporting training in natural sciences and technical disciplines that will be decisive in developing the competitiveness of the country and its young people. Charles University is an ideal partner for this,” he said.

The Elixir for Schools project that will be supported by Charles University is the flagship project of the Depositum Bonum Foundation. Its objective is to improve the quality of instruction in technical disciplines and natural sciences at schools.

The project helps by supporting motivated and inspiring teachers in expanding entertaining and practical instruction, with an emphasis on the acquisition of required knowledge.

During its first phase, Elixir for Schools focuses on physics, using the expertise of the specialized educational initiative known as Heuréka. The Foundation has initiated the establishment of 21 regional centers across the Czech Republic, in which physics teachers meet and exchange their experience. Over 400 teachers have visited the centers.

 Edited from information provided by Česká spořitelna

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