The Siemens Foundation is a non-profit organization established by Siemens AG in 1998. It is responsible for the Siemens Competition Siemens Westinghouse Competition, a prestigious science award for U.S. high school students, which Siemens established after its 1997 acquisition of Westinghouse Electric Corporation turned out not to include the rights to the existing Westinghouse Science Talent Search (now sponsored by Intel). The Siemens Foundation is also responsible for the Siemens Science Day (established in 2005) for promoting math and science education, the Siemens AP Scholar Award, and National Merit Finalist scholarships to children of Siemens employees. - Source: Wikipedia