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Fit Foundation

fit logo

 

 

 

The Foundation for Applied Research, Innovation and Transfer THM (fit) promotes applied research and development at the Technische Hochschule Mittelhessen and technology transfer to the regional economy.

The fit Foundation was jointly established in 2009 by the former Giessen -Friedberg University of Applied Sciences (now Technische Hochschule Mittelhessen ) and regional businesses. The foundation's goal is to promote applied science and research, as well as technology transfer between the university and businesses, chambers of commerce, municipalities, and associations in Central Hesse, and to support particularly qualified pupils and/or students in STEM fields.

The Fit Foundation 

  • promotes the recruitment of young talent in STEM fields through the annual awarding of scholarships to particularly gifted pupils at the start of their studies
  • annually awards the Karl-Heinz Lust Innovation Prize for excellent and innovative theses (Bachelor's, Master's) in the fields of Industry 4.0, Digital Economy and Artificial Intelligence
  • promotes the exchange and cooperation of researchers, especially with the regional economy, in order to increase innovation capacity.

Additional information can be found in our foundation statutes (PDF).

The current committed partners of THM in the fit foundation are:

  • Lust family (LBI Holding GmbH & Co. KG)
  • Lahn-Dill Chamber of Industry and Commerce
  • Linde + Wiemann SE & Co. KG
  • Volksbank Mittelhessen eG

 

board

  • Prof. Dr.-Ing. Jochen Frey (Chairman)
  • Dr. Iris Stallkamp (Deputy Chairwoman)
  • Dr. Christina Zinecker
  • NN.

Chair

  • Prof. Dr. Matthias Willems,
    President of the Technische Hochschule Mittelhessen

members

  • Dietmar Persch (Chief Executive Officer of the Lahn-Dill Chamber of Industry and Commerce)
  • Dr. Wolfgang Lust (LBI Holding GmbH & Co. KG)

Endowment contributions increase the assets of a foundation in order to strengthen its long-term performance.

When making an endowment , the foundation's assets are increased in order to sustainably support the foundation's desired funding priorities.

Under tax law, the same rules apply to endowments as to the establishment of a foundation: Over a period of ten years, an amount of one million euros can be claimed (for married couples, under certain conditions, a total of two million euros). Otherwise, there is the possibility (as with donations for charitable purposes) of a general special deduction amounting to 20 percent of total income.

A donation supports the foundation in its current work, meaning that specific projects can be funded. Donated funds do not go into the foundation's endowment but must be used promptly for the intended purposes.