In 2020, the foundations granted a total of EUR 142 million with 772 grants based on 2.486 applications.

In the last couple of years, both foundations have increased their grants. This is primarily due to the good results achieved in the VKR Group, as well as a sizeable return on the still increasing assets.

The foundations pay taxes on their income with permitted deductions for philanthropic contributions and operational costs.

THE VELUX FOUNDATIONS

Grants 2016 - 2020

VILLUM FONDEN key figures (2015-2019)
VELUX FONDEN key figures (2015-2019)