Donating money is a recent trend in Germany. Many people want to donate money for a good cause and also the number of charitable foundations is growing rapidly: 17.372 foundations in Germany manage about 100 billion Euros.
In general, foundations are non-profit organizations that manage funds for charitable purposes. They understand themselves as drivers of social, cultural and scientific progress. The purposes of foundations are often picked up by the government.
Most foundations are set up by a donor who defined the main purpose of the foundation. About 33% of all foundations in Germany are set up for social purposes. About 15% are set up for the advancement of the arts or culture.
Also many companies have set up foundations. For example the Hertie Foundation focuses on the integration of children with a migration background. By setting up foundations a company demonstrates its corporate social responsibility and also the society benefits from their involvement. The Dr. Jost-Henkel Foundation offers sponsored scholarships to young talents. Additionally Henkel gives their employees the opportunity for personal engagement outside the enterprise. And here is where diversity once more really matters: different experiences, attitudes and backgrounds lead to about 2.200 relief projects with 7.6 Million Euro spending. [DE]



















