A large share of the profits of VKR Holding A/S is returned to society by THE VELUX FOUNDATIONS, VELUX FONDEN and VILLUM FONDEN. The foundations support scientific, environmental, social and cultural purposes in Denmark and internationally. The foundations operate independently from VKR Holding A/S and its companies.

In 2017, THE VELUX FOUNDATIONS granted over 168 million in total.

Villum Fonden

In 2017, VILLUM FONDEN granted over € 140 million (DKK 1 053 million) to 112 projects.  

Grants for 66 curiosity-driven researchers  

2017 was the year in which all three research funding programmes of VILLUM FONDEN were first implemented. The common aim of the three programmes is to promote curiosity-driven science or curiosity-driven research. Among more than 700 applicants, the foundation awarded 66 scientists, granting more than DKK 620 million for their research in technical and natural sciences:

  • 11 VILLUM Investigators, who are experienced elite scientists 
  • 16 VILLUM Young Investigators, who are young, upcoming scientists 
  • 39 VILLUM Experimenters, all venturing a ‘moon shot’ in their field of research       

Support to Hope and Homes for Children NGO  

For decades, children in Romania and Bulgaria have lived under conditions with limited human interaction and stimulation at large state-run children’s homes. This has caused severe physical, social and cognitive problems for the children. 

The organisation Hope and Homes for Children (HHC) drives a long-term project to replace the old orphanages with modern alternatives, including foster care and family-concept homes. For several years, VILLUM FONDEN has supported the work of the organisation in Romania and Bulgaria giving four grants amounting to 5 373 816 (DKK 40 million) in all. 

VELUX Fonden

In 2017, VELUX FONDEN granted 28 million (DKK 210 million) to 804 projects.

Supporting a Danish marine environment in balance

VELUX FONDEN supports a project that seeks to create a sustainable balance between use and conservation of marine resources in the waters around Denmark. Among the specific activities are:

  • Grant for four small fishing communities along the North Sea coast to ensure sustainable development of the communities based on ecological fishing methods. € 1,07 million (DKK 8 million).  
  • Grant for mapping and creating a consolidated maritime plan for the Øresund Region as a joint effort between scientists, public authorities, sea stewards, commercial user groups and NGOs. € 1,34 (DKK 10 million).

Training of local fire cadets 

Since 2014, VELUX FONDEN and the Danish foundation TrygFonden have co-funded the creation and development of local fire cadet corps in Denmark. A total of some 400 youngsters have so far trained to make an active contribution and assist citizens in distress. 

The initiative has now been adopted by nine out of eleven local authorities, who will continue the project and finance it. In the period 2014-18, Fire Cadets Denmark received 805 920 (DKK 6 million) from VELUX FONDEN. 

Support to senior citizens contributing to community life  

Since its foundation in 1981, VELUX FONDEN has recognised the potential of active senior citizens who contribute to society. Grants are given for many different purposes, e.g. for community volunteerism where senior citizens bring out food to people in need for the Danish Food Bank; or when a local senior club helps integrate refugees by running a second-hand furniture depot and bicycle repair shop; or when volunteer veterans of all ages restore five military vehicles in the town of Fredericia.  

Grants from the foundations in EUR from 2012-17:

Read more about THE VELUX FOUNDATIONS and their grants here