BMW Group is to raise a work of the foundations: collateral to be increasing to €100 million

Posted on 07. Mar, 2016 by in BMW Canada

  • The BMW Group’s foundations are to connect as a BMW
    Foundation Herbert Quandt
  • Foundation will rise Eberhard von Kuenheim Fund for impact investing
  • Stefan Quandt and Susanne Klatten: €30 million to support BMW
    Foundation Herbert Quandt

 

Munich. To symbol a centenary year, a BMW Group is
enhancing a joining to amicable responsibility. The collateral of its
foundation, BMW Foundation Herbert Quandt, will be increasing by €50
million to a sum of €100 million. In addition, annual donations will
be done to support plan work. In 2016 a concession will volume to
another €5 million. Further financing will be supposing by major
shareholders Stefan Quandt and Susanne Klatten, who will support the
foundation’s plan work with an additional €30 million.

 

As financial support increases, substructure activities will be
refocused, with a BMW Group’s dual foundations – BMW Foundation
Herbert Quandt and a Eberhard von Kuenheim Stiftung – consolidating
to pool their strengths as a singular organisation. This organisational
and vital realignment, and a additional financial support will
raise a foundation’s intensity in terms of both range and
geographical reach.

 

Speaking today, Harald Krüger, Chairman of a Board of Management of
BMW AG, said: “We see ourselves as an constituent partial of society. To
emphasize that point, we are enhancing a activities of a foundation.”

 

BMW Foundation Herbert Quandt considers itself a motorist of social
creation and a barometer of tellurian change. Its goal is to
inspire people to take shortcoming in politics, business, science
and society, irrespective of borders. The foundation’s Board of
Directors is chaired by former envoy Dr Michael Schaefer and
includes Markus Hipp and Carl-August Graf von Kospoth. Former Chairman
of a BMW AG Supervisory Board, Prof Joachim Milberg, is Chairman of
a Board of Trustees.

 

By building a Eberhard von Kuenheim Fund, a substructure will
boost a activities in impact investing. It will also be means to
reinterpret and means a elemental thought behind a foundation
Eberhard von Kuenheim Stiftung: to foster giveaway enterprise.

 

 

If we have any queries, greatfully contact:

 

Corporate Communications

 

Martina Hatzel, Corporate Affairs, martina.hatzel@bmwgroup.com

Telephone: +49 89 382-11966, Fax +49 89 382-24418

 

Nikolai Glies, Head of Business and Finance Communications, nikolai.glies@bmwgroup.com

Telefon: +49 89 382-24544, Fax: +49 89 382-24418

 

Internet: www.press.bmwgroup.coom

E-Mail: presse@bmw.de

 

 

 

The BMW Group

With a 3 brands BMW, MINI and Rolls-Royce, a BMW Group is the
world’s heading reward manufacturer of automobiles and motorcycles
and also provides reward financial and mobility services. As a global
company, a BMW Group operates 30 prolongation and public facilities
in 14 countries and has a tellurian sales network in some-more than 140 countries.

In 2015, a BMW Group sole approximately 2.247 million cars and
scarcely 137,000 motorcycles worldwide. The distinction before taxation for the
financial year 2014 was approximately € 8.71 billion on revenues
amounting to € 80.40 billion. As of 31 Dec 2014, a BMW Group
had a workforce of 116,324 employees.

The success of a BMW Group has always been formed on long-term
meditative and obliged action. The association has therefore established
ecological and amicable sustainability via a value chain,
extensive product shortcoming and a transparent joining to
conserving resources as an constituent partial of a strategy.

 

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