Yearbook 2024

Meet some of Villum Foundations grantees, explore selected projects, and gain insight into the year's key events and grants.
 

Read the Yearbook here

Our founder
The VKR Group was founded by Villum Kann Rasmussen, inventor of the roof window. Motivated by a desire to give back to the society that had given him so much, he established two philanthropic foundations, Villum Fonden and VELUX FONDEN. Since their founding in 1971 and 1981, they have been honouring his wish by donating money to the people and the projects that can improve our lives and the society we live in.

Where does our money come from?
The companies of the VKR Group employ approximately 19,800 people in 40 countries. Their hard work, day-in and day-out, makes it possible to generate the profits that, over time, have formed the basis for the foundations’ philanthropic work. A portion of the VKR Group’s annual profits are turned over to the foundations, which invests the money into a diversified portfolio in order to achieve the highest possible returns, and in so doing enabling us to maximise our philanthropic grants.