Joachim Herz Stiftung

The Joachim Herz Stiftung owes its existence to the Hamburg entrepreneur Joachim Herz, who died in May 2008, and to his wife Petra Herz. Together they made the Foundation’s significant financial outfitting possible. The assets of the Foundation are primarily invested in an entrepreneurial manner. This includes an indirect share in Beiersdorf AG held via maxingvest ag.

Mission

The Foundation’s purpose is the advancement of education, science and research in the fields of business administration, economics, law, medicine, chemistry, physics and biology. Furthermore, the Foundation seeks to foster and promote educational institutions and students within the context of general primary and secondary school education. The Foundation’s purpose is also the procurement and transfer of funds for the benefit of other non-profit organisations and public entities with preferential tax status in order to achieve non-profit goals. The purpose of the Foundation also extends to those disciplines, which can objectively be regarded as belonging to the enumerated areas supra.

Geographic Focus

Germany, USA

Programme Areas

The Foundation’s purpose is the advancement of education, science and research in the fields of business administration, economics, law, medicine, chemistry, physics and biology. Furthermore, the Foundation seeks to foster and promote educational institutions and students within the context of general primary and secondary school education. The Foundation’s purpose is also the procurement and transfer of funds for the benefit of other nonprofit organisations and public entities with preferential tax status in order to achieve nonprofit goals. The purpose of the Foundation also extends to those disciplines, which can objectively be regarded as belonging to the enumerated areas supra.

In particular, the following shall be used in order to advance the Foundation’s intended purpose:
a) the award of research grants, scholarships or other donations to qualified (prospective) students and pupils;
b) creative and financial participation in research and teaching programs as well as scholarship programs that are awarded by qualified academic institutions (universities or similarly situated institutions);
c) the creative and financial support for qualified educational, scientific and research institutions;
d) establishment of conditions for scholarship programs as well as their organisation and realisation for qualified students and pupils, especially in the promotion of international exchanges,
e) conducting competitions and awarding prizes