On the occasion of the company’s centenary in 2016, BMW AG expanded its commitment to corporate citizenship. Since then, the BMW Stiftung Herbert Quandt and the Eberhard von Kuenheim Stiftung have been combining their activities in order to increase their global impact.
For this reason, the two foundations have consolidated their staffs and operations into the BMW Stiftung Herbert Quandt, and the capital of the BMW Stiftung Herbert Quandt has been significantly increased. To account for the growing international orientation of the foundation, it was renamed “BMW Foundation Herbert Quandt” in 2017.
In 1959, Herbert Quandt secured the independence of BMW and thus laid the foundation for the successful development of the automobile company. In recognition of his entrepreneurial achievement, BMW AG in 1970 established the BMW Stiftung Herbert Quandt.
Thirty years later, BMW AG launched another corporate foundation, the Eberhard von Kuenheim Stiftung, in honor of Eberhard von Kuenheim, long-time chairman of its management and supervisory boards. The Eberhard von Kuenheim Stiftung continues to support its own projects.
Through its Responsible Leadership programs, global network, and impact investments, the BMW Foundation Herbert Quandt aims to promote the Sustainable Development Goals of the United Nations 2030 Agenda. The relationship between the corporate founder and the foundations is guided by the Ten Recommendations for Nonprofit Corporate Foundations, published by the Association of German Foundations.