Under the auspices of Danfoss A/S a number of foundations have been founded over the years, each with its own perspectives and goals. Common for the foundations is that they mainly support worthy causes in Southern Denmark and on the island of Als, where Danfoss A/S is headquartered.
Bitten & Mads Clausen’s Foundation is the largest of the Danfoss Foundations and is a commercial foundation under The Danish Commerce and Companies Agency (Erhvervsstyrelsen). Applications cannot be made to the Bitten & Mads Clausen Foundation which supports activities of its own volition for the good of Danfoss.
There are, however, other Danfoss foundations that can be applied to for appropriations to charitable purposes. Some of the foundations only support applications from employees of Danfoss, while others also support applications from external parties.
In the paragraph below some of the foundations are described individually with information about their purposes and with links to application procedures and contact persons.
Bitten & Mads Clausen’s Foundation is a registered foundation under The Danish Commerce and Companies Agency (Erhvervsstyrelsen).
Bitten & Mads Clausen’s Foundation was founded in 1971 by Bitten Clausen, the widow of Mads Clausen who founded Danfoss A/S. The Foundation is governed by its Articles of Foundation, which are based on the last will and testament of Mads Clausen, concerning the future development of Danfoss A/S.
The Foundation’s primary objective it to strengthen Danfoss A/S in all areas through the Foundation’s ownership of shares in the Company. As an active owner the Foundation shall ensure the appointment of the most qualified Board of Directors for Danfoss A/S and at the same time safeguard the Company through share ownership and accumulated endowment.
As long as the Foundation’s main purpose is guaranteed, the Foundation may choose to support Danfoss A/S indirectly through initiatives within three focus areas.
Within these focus areas, activities that have a positive impact on Danfoss A/S are supported as well as the employees of Danfoss A/S and the local communities where Danfoss A/S has its activities.
Applications cannot be made to the Foundation. The Foundation selectively supports activities of its own volition and according to the overall strategy for grants.
Among larger projects and grants given in recent years are:
The Mads Clausen Foundation was established in 1960 and grants charitable donations. Over the years, the Foundation has granted considerable support for many different purposes: donations for schools in Pakistan, for cancer funds in Denmark as well money for an ultrasound scanner for a hospital in Slovenia, to mention a few.
The Foundation capital was originally donated by Danfoss’ founder, Mads Clausen, and has since been supplemented by donations from Danfoss and from the Bitten and Mads Clausen Foundation.
The charitable support falls into different categories:
To help students financially during their studies, the Danfoss Foundation for Education awards scholarships to: