Volkswagen_Foundation Knowpia

Volkswagen Foundation
Established	1961 (63 years ago)
Types	charitable corporation
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.volkswagenstiftung.de/en
	[edit on Wikidata]

The Volkswagen Foundation (German: VolkswagenStiftung) is the largest German private nonprofit organization involved in the promotion and support of academic research. It is not affiliated to the present company, the Volkswagen Group.^[1]

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 edit

^ Duten, A. (2010). Anheier, H.K.; Toepler, S. (eds.). International Encyclopedia of Civil Society. New York, NY.: Springer. pp. 1608–1609. doi:10.1007/978-0-387-93996-4_718. ISBN 978-0-387-93996-4.

External links edit

Official website

[1] Duten, A. (2010). Anheier, H.K.; Toepler, S. (eds.). International Encyclopedia of Civil Society. New York, NY.: Springer. pp. 1608–1609. doi:10.1007/978-0-387-93996-4_718. ISBN 978-0-387-93996-4.

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Summary

References edit

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