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The Volkswagen Foundation is completely independent of the company named Volkswagen. It was found with the proceeds from the sale of the company to private inve
by germanier 7y ago
The Volkswagen Foundation is completely independent of the company named Volkswagen. It was found with the proceeds from the sale of the company to private investors by the state of Lower Saxony and the Federal Republic in the 60s and receives the dividends of the still publicly held shares. It's not a company foundation and Volkswagen has no say in any form. It's just a large public science foundation.
- dredmorbius 7y agoCompare the Rockefeller, Carnegie, Ford, Pew, and MacArthur foundations, for the US. These don't represent the interests of Standard Oil, US Steel, Ford Motor, Sun Oil, or Bankers Life & Casualty.