The CTC Foundation was established by Concurrent Technologies Corporation (CTC) in 1998. The goal of the Foundation, which is headquartered in Washington, D.C., is to improve the quality of life for the general public through unique economic development initiatives that involve the private and public sectors as well as nonprofit organizations. The Foundation seeks to mainstream niche technologies and has done so, for example, in the energy and environmental, information technology, education and workforce training, and manufacturing areas.
Besides being a recurring sponsor of the western Pennsylvania and the National Science Bowls of the U. S. Department of Energy, the Foundation has provided full scholarships to financially deserving Junior or Senior college students in the Engineering Department of West Virginia University, the CTC Foundation Scholarship.
Other educational activities include the broadcast of a public television program on health care and programming on energy-environmental topics. Also, the Foundation has funded a University of Pittsburgh Energy Speakers Series as well as sponsored and organized the Pennsylvania Energy Leadership Council Conference.
The Foundation applies scientific, technological, innovative, and humanistic principles to enhance economic progress and the quality of life. From an independent platform, the Foundation is dedicated to developing and driving quantum-leap solutions to meet new challenges by:
- Transitioning Technologies
- Advanced Information Technologies
- Progressing an Understanding about Energy-Environmental Concerns
- Providing Examples of Manufacturing Excellence
- Providing Workforce Training and Education
- Conferring Grants