In 2021, the foundations granted a total of EUR 243.7 million with 803 grants based on 2.062 applications.

In the last couple of years, both foundations have increased their grants. This is primarily due to the good results achieved in the VKR Group, as well as a sizeable return on the still increasing assets.

The foundations pay taxes on their income with permitted deductions for philanthropic contributions and operational costs.

THE VELUX FOUNDATIONS

Grants 2017 - 2021

VILLUM FONDEN key figures (2017-2021)
VELUX FONDEN key figures (2017-2021)