Volkswagen Foundation
The Volkswagen Foundation (German: VolkswagenStiftung) is the largest German private nonprofit organization for the promotional of research and education in the sciences, social sciences, and humanities. It is not affiliated to the present company, the Volkswagen Group.
 | |
 | |
| Types | nonprofit organization |
|---|---|
| Legal status | German foundation under civil law |
| Aim | Science funding in Germany |
| Headquarters | Hanover |
| Country | Germany |
| Directors | Georg Schütte |
| Revenue | 260,640,920 euro (2018) |
| Total Assets | 3,153,300,000 euro (2018) |
| Employees | 100 ±10 (2018) |
| Website | www |
It was established in 1961 as Stiftung Volkswagenwerk with a portion of the confiscated assets of the Volkswagenwerk GmbH.
With a capital of 2.9 billion euros, as of 2016 it is the largest German scientific foundation. Since its founding, it has distributed 4.2 billion Euros in grants for over 30,000 projects, and now funds new projects at the rate of 100 million euros per year.
References
External links
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.