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Volkswagen foundation

The Volkswagen Foundation is an independent foundation incorporated under private law with registered office in Hanover. Its overall funding volume of around 150 million euros per year makes it Germany‘s largest private research funding foundation, and indeed one of the country’s largest foundations altogether. The Foundation provides funds only to academic institutions. Since it was founded more than 50 years ago, the Volkswagen Foundation has allocated more than 4.2 billion euros in support of over 30,000 projects. It is thereby one of the largest common benefit foundations under private law in all of Germany.