Herbert Quandt Foundation
The BMW Foundation Herbert Quandt promotes responsible leadership and inspires leaders worldwide to work towards a peaceful, just and sustainable future.
The Herbert Quandt Foundation was established in 1980 at Bad Homburg by the chemicals and pharmaceuticals company ALTANA AG, which honoured its long-standing CEO, Dr. h.c. Herbert Quandt (1910-1982), in this way. In 2007, the Foundation was hived off from Altana AG, since when it has been fully independent. Thanks, among other things, to a contribution to the Foundation’s capital made by Susanne Klatten, Herbert Quandt’s daughter and the chairwoman of the Board of Trustees, it currently holds assets of about €40m.On the occasion of the company’s centenary in 2016, BMW AG expanded its commitment to corporate citizenship. Since then, the BMW Stiftung Herbert Quandt and the Eberhard von Kuenheim Stiftung have been combining their activities in order to increase their global impact.For this reason, the two foundations have consolidated their staffs and operations into the BMW Stiftung Herbert Quandt, and the capital of the BMW Stiftung Herbert Quandt has been significantly increased. To account for the growing international orientation of the foundation, it was renamed “BMW Foundation Herbert Quandt” in 2017.