Corporate Operations
Senior Vice President: Wilhelm-Friedrich Uhr
Corporate Operations consists of the departments Finance & Tax / Asset Management, Human Resources & Legal, Controlling, Information Technology, and Services. Its goal is to ensure accuracy and accountability, coordinate financial and human resources, and make the foundation more cost-effective and efficient on an ongoing basis.
Total expenditures
Preliminary expenditures for the 2023 fiscal year totaled €75.6 million. Due largely to higher expenditures for our projects and increased contributions to our affiliated nonprofit institutions, expenditures in 2023 were €4.3 million more than the year before. Since its inception, the Bertelsmann Stiftung has made ca. €1.9 billion available for nonprofit activities.
Program expenditures
In its 2023 fiscal year, the Bertelsmann Stiftung invested €38.7 million directly in its program activities, an increase of €3.2 million over the previous year.
Affiliated nonprofit institutions
In 2023, the Bertelsmann Stiftung’s contributions to affiliated nonprofit institutions increased by approximately €0.7 million from the previous year to €17.6 million. In addition, an endowment of €53.3 million was made to the Liz Mohn Foundation. In the future, this institution will bring together the activities of the former Liz Mohn Foundation for Culture and Music and the Liz Mohn Center.
