Two philanthropic foundations
VILLUM FONDEN and VELUX FONDEN are philanthropic foundations and a part of THE VELUX FOUNDATIONS.
Due to the results of the VKR Group and the daily efforts of more than 15,000 employees, VILLUM FONDEN and VELUX FONDEN are able to support a wide range of philanthropic purposes.
THE VELUX FOUNDATIONS are comprised of the two philanthropic foundations VILLUM FONDEN and VELUX FONDEN. Among our grant areas are scientific, environmental, social and cultural purposes in Denmark and internationally. In 2020, the two foundations gave joint grants of approx. EUR 142 million.
Both foundations were established by graduate engineer 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. VILLUM FONDEN is a majority shareholder in the VKR Group.
The foundations are non-commercial foundations even though VILLUM FONDEN is the principal shareholder of VKR Holding, the parent company of the VKR Group, which has more than 15,000 employees and comprises a number of companies, among which the brands VELUX, VELFAC and Rationel Vinduer are the most well-known. However, VILLUM FONDEN does not have any controlling influence within the VKR Group even though it is the majority shareholder.
Each foundation has its own trust deed detailing the types of projects it supports.
See our trust deeds
VILLUM FONDEN
Founded: 1971. In 2020, VILLUM FONDEN grated approx. EUR 100 million.
VILLUM FONDEN (a part of THE VELUX FOUNDATIONS) is a philanthropic foundation that supports technical and scientific research as well as environmental, social and cultural projects in Denmark and internationally.
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. In 2020, VELUX FONDEN granted approx. EUR 42 million.
​VELUX FONDEN (a part of THE VELUX FOUNDATIONS) is a philanthropic foundation that supports active senior citizens, gerontology and ophthalmology as well as scientific, cultural, social and environmental purposes. The purpose is to promote the democratic society of Denmark on an informed, inclusive and sustainable basis. In 2020, VELUX FONDEN granted approx. EUR 42 million.