Pye Foundation has been operating as a charitable fund for over seventy years. Formed originally by the directors of Pye, it came in to prominence during the time C. O. Stanley was the Managing Director.

The purpose of the fund at the time was to look after the welfare of those employees who did not have any pension rights. As the fund grew over time, so grew the objects of the charity.

Pye Foundation is managed by a group of up to twelve trustees, one of whom is elected Chairman. There are two sub committees, one responsible for overseeing the fund management and the other overseeing the distribution of donations. Each trustee also has a number of dedicated charities whom they visit regularly.

I worked for Pye/Philips Group for thirty five years before retiring in 1998. An Accountant by profession, I worked for many parts of the group and had the privilege of travelling round the world a few times.

I first became a trustee in late 80s/early 90s and remained a trustee until November 2021. I have been through and personally involved with most of the changes in the Foundation’s transformation. I had held the positions of the vice chair, the chair and the chair of the investment sub - committee and was made the honorary President after I retired as a trustee.

I am truly convinced that the Pye Foundation is an example of how a small charitable foundation should work. The decision to support only small charities locally is deliberate to ensure that the charitable funds are used for best value, both for money and help for local communities. The Foundation has a group of extremely dedicated and hard- working trustees and I am convinced that there will be more progress of the foundation in the years to come.

Ash Dasgupta

Honorary President