In 1987, the Salmi Virkkunen & Helenius Oy Fund was established for the purpose of developing and encouraging research, teaching and study of auditing, bookkeeping and financial statement practices at the Aalto University School of Business.This is achieved through issuing grants for research, books, theses, dissertations and presentations.
In addition, the company has directed into this fund its gifts for the school’s 40th and 50th anniversary in 19, as well as its birthday gifts for leading individuals at the school.
In 1984, on its 150th anniversary, Oy Wärtsilä Ab made a donation of 500 000 marks, which was used to establish the separate Oy Wärtsilä Ab Jubilee Fund.
The HSE Support Foundation fr offers both companies and other organisations as well as alumni and other private individuals a natural opportunity to be involved in promoting the development of Aalto University School of Business.
Donated funds are allocated by the Foundation as grants to the areas of teaching and research specified by the donor.
With the subsequent change in the company’s name as a result of a merger, the name of the fund was changed in 1996 to the SVH Coopers & Lybrand Oy Fund and in 1998 once again to the SVH Pricewaterhouse Coopers Oy Fund, before finally changing again in 2001 to the Pricewaterhouse Coopers Oy Fund.
Since its establishment, the company has almost without exception made annual additions to the special fund.The application must contain a reference from the research supervisor or examiner.With authorisation from the Board of the Foundation, the Grant Committee normally issues grants on a monthly basis from funds donated for research purposes.An organisation making a thesis and dissertation donation to the Foundation may specify the research area and research subject field which the donation is intended for.The research area and subject field should be defined in general terms.The person carrying out thesis or dissertation research fills out the grant application form, which is addressed to the Board of the Foundation and contains the topic of their research work.With this form, they apply for a grant from the funds donated for carrying out research work.Inquiries: Further information on the donation procedure can be obtained from the Foundation’s Office Manager Tuula Murremäki 358 , Anniversary gifts (e.g.birthdays or jubilees) may, if so desired, be directed by the individual or organisation concerned to a special anniversary fund, the accumulated capital of which is then distributed as grants.Decisions on the distribution of thesis and dissertation grants awarded from donated funds are made also outside of the normal application periods.The Foundation’s interaction with both donors and grant recipients is professional and flexible.