Alfried Krupp von Bohlen und Halbach-Stiftung

The Alfried Krupp von Bohlen und Halbach-Stiftung is a significant non-profit organization based in Essen, Germany. Founded on January 1, 1968, by Alfried Krupp von Bohlen und Halbach, the last scion of the Krupp dynasty, the foundation aims to continue the legacy and spirit of the Krupp family.

The foundation is guided by the values and principles that Alfred Krupp himself pursued. Its main goal is to support social, scientific, cultural, and educational projects. The foundation uses the proceeds from its corporate holdings, particularly as the largest shareholder of the thyssenkrupp group, exclusively for charitable purposes[2][4].

• Promotion of Science and Education: The foundation supports research projects, awards scholarships to promising talents, and promotes the education of young generations. The Alfried Krupp Award, endowed with 1 million euros, is an outstanding example of promoting scientific talent[2][4].
• Art and Culture: The foundation participates in financing various cultural institutions, museums, and universities. It also supports specific programs such as the scholarship program for museum curators in the field of photography[4].
• Health and Social Affairs: The foundation operates the Alfried Krupp Hospital at two locations in Essen, providing excellent medical and nursing care[2][4].
• Sports and International Understanding: The foundation promotes sports activities and advocates for international understanding and equal opportunities[2][4].

The Alfried Krupp von Bohlen und Halbach-Stiftung sets standards for sustainable philanthropy. Here are some of its initiatives:

• Education and Talent Development: Through international scholarship programs and collaborations with universities and museums, the foundation promotes scientific talent and cultural development[4].
• Cultural Participation: Events such as the concert of the Hamburg band "Die Sterne" at Villa Hügel or the lecture series "Archives in the Digital Age" contribute to the cultural participation of a broad audience[4].
• Social and Health: The foundation's commitment to healthcare, particularly through the Alfried Krupp Hospital, and its social projects contribute to social development[2][4].

The foundation manages a substantial asset base, primarily derived from the family business Krupp. The foundation's capital amounts to approximately 0.8 billion euros (book value as of December 31, 2023)[2]. The foundation is an independent foundation under civil law and is subject to supervision by the Düsseldorf district government.

The foundation is headquartered in Hügelpark in Essen and manages Villa Hügel with its park as well as the Historical Archive Krupp, which is considered the oldest German economic archive and has over 2.5 million photographs related to industrial history[2][4].

The Alfried Krupp von Bohlen und Halbach-Stiftung is a significant player in the German foundation landscape and contributes decisively to the economic and social development of the country. Its investments and initiatives reflect a long-term commitment to the common good.

• 1 - https://www.alleaktien.com/lexikon/alfried-krupp-von-bohlen-und-halbach-stiftung
• 2 - https://de.wikipedia.org/wiki/Alfried_Krupp_von_Bohlen_und_Halbach-Stiftung
• 3 - https://www.margarethe-krupp-stiftung.de/ueber-uns/
• 4 - https://www.fellowmind.com/de-de/cases/krupp-stiftung/
• 5 - https://www.krupp-stiftung.de/ueber-uns/