THE VELUX FOUNDATIONS are comprised of the two philanthropic foundations VILLUM FONDEN and VELUX FONDEN. Among our grant areas are scientific, environmental, social and cultural purposes in Denmark and internationally. In 2021, the two foundations gave joint grants of approx. EUR 244 million.

Both foundations were established by graduate engineer Villum Kann Rasmussen - the founder of VELUX and other companies in the VKR Group, whose mission it is to bring daylight, fresh air and a better environment into people’s everyday lives. VILLUM FONDEN is a majority shareholder in the VKR Group.

The foundations are non-commercial foundations even though VILLUM FONDEN is the principal shareholder of VKR Holding, the parent company of the VKR Group, which has approximately 19,500 employees and comprises a number of companies, among which the brands VELUX, VELFAC and Rationel Vinduer are the most well-known. However, VILLUM FONDEN does not have any controlling influence within the VKR Group even though it is the majority shareholder.