Both VILLUM FONDEN and VELUX FONDEN are non-profit, philanthropic foundations and a part of THE VELUX FOUNDATIONS.
Making a difference
Due to the results of the VKR Group and the daily efforts of more than 14,000 employees, VILLUM FONDEN and VELUX FONDEN are able to support a wide range of non-profit purposes.
VILLUM FONDEN and VELUX FONDEN are both non-profit, philanthropic foundations. Among our grant areas are science, environmental, social and cultural purposes in Denmark and abroad. In 2016 the two foundations gave joint donations of approx. 155 million EUR for non-profit purposes.
Both foundations were established by Villum Kann Rasmussen - the founder of VELUX and other companies in the VKR Group, whose mission it is to bring daylight, fresh air and a better environment into people’s everyday lives.
The foundations are both non-profit, philanthropic foundations even though VILLUM FONDEN is the principal shareholder of VKR Holding, the parent company of the VKR Group, which has more than 14,000 employees and comprises a number of companies, among which VELUX, VELFAC and Rationel Vinduer are the most well-known. However, the foundation does not have any controlling influence within the VKR Group even though it is the majority shareholder; and that is why it is a non-profit foundation.
Each foundation has its own trust deed detailing the types of projects it supports.
Founded: 1971. Awarded DKK 902 million in grants in 2016
The foundation supports research in the technical and natural sciences, as well as environmental, social and cultural projects in Denmark and abroad. The foundation is responsible for awarding the Villum Kann Rasmussen Annual Award in Science and Technology.
THE VISION OF VILLUM FONDEN
VILLUM FONDEN strives to be a model foundation. As a model foundation we will manage the inheritance from the founder, Villum Kann Rasmussen, in such a way that his thoughts, ideas and the trust deed for the foundation will be taken into account and will contribute to and influence the future for our funding areas, for society and for the company group.
Founded: 1981. Awarded DKK 259 million in grants in 2016
The foundation supports scientific, cultural, social and environmental projects that seek to advance an informed, open, inclusive and sustainable society. The foundation’s priority areas are: active senior citizens, ophthalmology and gerontology.