Volkswagen Foundation

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]

Volkswagen Foundation

Established	1961 (64 years ago)
Types	charitable corporation, nonprofit organization
Legal status	German foundation under civil law
Aim	Science funding in Germany
Headquarters	Hanover
Country	Germany
Directors	Georg Schütte
Revenue	352,203,000 euro (2022)
Total Assets	3,592,329,000 euro (2022)
Employees	115 ±5 (2023)
Website	www.volkswagenstiftung.de/en

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.