The operative entity Robert Bosch GmbH is 94% owned by the Robert Bosch Stiftung (which is also a GmbH, but with “common good” focus, so receives some tax adva

The operative entity Robert Bosch GmbH is 94% owned by the Robert Bosch Stiftung (which is also a GmbH, but with “common good” focus, so receives some tax advantages, but it’s not a proper foundation despite the name). The Stiftung has no voting rights, however. Its voting rights are with a KG entity, which in turn has no ownership in the operative auto supplier entity. The Stiftung receives a share of the auto supplier entity profit every year. Both entities operate separately, with the Stiftung pursuing various focus areas in healthcare, education, etc. The Stiftung also has a separate board whose mandate it is to execute on the Stiftung’s mission. It has nothing to do with making operative decisions at the auto supplier. In 2020, the auto supplier paid approx 50% of its pretax profit in taxes.