Poul Due Jensen Foundation (Grundfos Foundation)

The Poul Due Jensen Foundation is a Danish commercial foundation. Grundfos’ founder, Poul Due Jensen, created the foundation on 19 May 1975. Even today, the values and ambitions of Poul Due Jensen are alive in the values of the Grundfos Group. He secured his heritage by establishing the Poul Due Jensen Foundation as the main owner of Grundfos. The Foundation currently owns 87.6 % of the share capital in Grundfos Holding A/S. Grundfos employees own 2.3 % and the remaining 10.1 % of the shares belong to the Founder’s descendants. Poul Due Jensen Foundation is managed by a board of 12 members who meet at least three times a year. The Board meets as a minimum in March, September and December, dealing with philanthropic themes as well as the active ownership of Grundfos.