Villum Foundation

The Villum Foundation (); formerly Villum Kann Rasmussen Foundation (''Villum Kann Rasmussen Fonden'') was set up in 1971 by civil engineer Villum Kann Rasmussen (1909–1993). 10 years later, he set up the Velux Foundation (''Velux Fonden''). Rasmussen was the founder of VELUX and Velfac, Danish window companies. Both foundations are part of VKR Holding A/S, owned by the Rasmussen family and the Villum Foundation, which is the main shareholder.

The foundations fund scientific, cultural, artistic and social projects, and award honorary prizes. In 2018, they together granted EUR 118 million divided among 1,015 donations. The money comes from the revenues of the VKR Group and income generated by the foundations’ other assets. Provided by Wikipedia