Volkswagen-Stiftung
- Assets
- $4.1b
- Revenue
- $483.0m
- Investments
- $4.0b
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 08/1990
- Data as of
- 12/2022
- EIN
- 52-1690493
Organization Overview
Volkswagen-Stiftung is located in Salt Lake City, UT. The organization was established in 1990. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Volkswagen-Stiftung is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Volkswagen-Stiftung generated $483.0m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $372.9m during the year ending 12/2022. While expenses have increased by 4.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION WAS INVOLVED IN CARRYING ON APPROXIMATELY 79 SCIENTIFIC OR ACADEMIC CONFERENCES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Georg Schuette Sec'y Gen | 40 | $238,547 | |
Bjoern Thuemler Chair | 1 | $0 | |
Hans Michael Heinig Vice Chair | 1 | $0 | |
Bettina Stark-Watzinger Vice Chair | 1 | $0 | |
Prof Dr Thomas Carell Trustee | 1 | $0 | |
Prof Dr Vanessa Miriam Carlow Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Schloss Herrenhausen Gmbh | 12/30/22 | $3,605,736 |
Ressourcenmangel Dresden Gmbh | 12/30/22 | $240,348 |
Novacapta Gmbh | 12/30/22 | $304,266 |
Cancom Gmbh | 12/30/22 | $229,951 |
Rosenthal Assekuranz Gmbh | 12/30/22 | $177,099 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $264,459 |
| Interest on Savings | $5,986 |
| Dividends & Interest | $370,671,632 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $112,036,667 |
| Total Revenue | $482,978,744 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $317,161 |
| Other employee salaries and wages | $15,933,935 |
| Pension plans, employee benefits | $0 |
| Interest | $75 |
| Taxes | $1,290,810 |
| Depreciation | $531,043 |
| Occupancy | $285,765 |
| Travel, conferences, and meetings | $91,458 |
| Printing and publications | $0 |
| Other expenses | $8,484,357 |
| Total operating and administrative expenses | $29,217,549 |
| Contributions, gifts, grants paid | $343,657,974 |
| Total expenses and disbursements | $372,875,523 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,873,415 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $21,119,962 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $279,029 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,434,822,534 |
| Net Land, buildings, and equipment | $3,078,401 |
| Other assets | $0 |
| Total assets | $4,085,082,095 |
| Accounts payable and accrued expenses | $552,793 |
| Grants payable | $814,872,338 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $53,215,803 |
| Total liabilities | $868,640,934 |