Volkswagen Foundation

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Volkswagen Foundation
Volkswagenstiftung
Motto Wir stiften Wissen
Predecessor Volkswagenwerk
Formation 1961
Purpose Science funding in Germany
Location
  • Kastanienallee 35, 30519 Hannover, Germany
Region served
Germany
Official language
English
Secretary General
Wilhelm Krull
Main organ
General Assembly
Website www.volkswagenstiftung.de/en

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 was established in 1961 as Stiftung Volkswagenwerk with a portion of the confiscated assets of the Volkswagenwerk GmbH. It is not affiliated to the present company, the Volkswagen Group.

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 30000 projects, and now funds new projects at the rate of 100 million Euros per year.

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