Hypertherm develops nonprofit foundation

Hypertherm established a new nonprofit organization, the Hypertherm Owners’ Philanthropic Endeavors (HOPE) foundation. The foundation will partner with nonprofit organizations and egage in activities that strengthen and create sustainable, prositive change in the community and environment.

Hypertherm will fund HOPE with a yearly donation. The foundation can accept donations, invest funds and frow the amount of money available for giving. A team of Hypertherm associates will make funding decisions while a board of internal and external individuals will provide governance to the foundation.