Bertelsmann Stiftung
German independent foundation / From Wikipedia, the free encyclopedia
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The Bertelsmann Stiftung is an independent foundation under private law, based in Gütersloh, Germany. It was founded in 1977 by Reinhard Mohn as the result of social, corporate and fiscal considerations.[4][5][6][7] As the Bertelsmann Stiftung itself has put it, the foundation promotes "reform processes" and "the principles of entrepreneurial activity" to build a "future-oriented society."[8]
German independent foundation
 | |
| Named after | Carl Bertelsmann |
|---|---|
| Formation | 1977; 46 years ago (1977)[1] |
| Founder | Reinhard Mohn[2] |
| Headquarters | Gütersloh, Germany |
Key people |
|
Main organ | Executive board (Vorstand) |
| Subsidiaries |
|
Revenue (2020) |  €13.5 million[3] |
| Expenses (2020) | €73.8 million[3] |
| Endowment (2020) |  €619.7 million[3] |
Staff (2020) | 363[3] |
| Website | bertelsmann-stiftung |
Since 1993, the Bertelsmann Stiftung has held the majority of capital shares in the Bertelsmann Group.[9] It holds 80.9% together with the Reinhard Mohn Stiftung and the BVG Stiftung but has no voting rights.[10]