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Who we are

Since 1991, the Employee Foundation of the VKR Group has assisted employees and their families in many different situations.

We support

The Employee Foundation may grant support in times of distress such as death, accidents or serious illness, but also for causes like volunteering, education and better senior lives.

Publications & downloads

Here you have a repository of information that will work as a stepping stone for applications, our annual reports and much, much more.

mindful of employees and society

Our values

Social responsibility and integrity have been core values for the VKR Group from the outset. In 1965, Villum Kann Rasmussen formulated the Model Company Objective, which has since served as a beacon for the VKR Group.

The year 1971 saw the founding of what is now VILLUM FONDEN, while VELUX FONDEN was created in 1981. The two foundations together, known as THE VELUX FOUNDATIONS, have since supported a wide range of non-profit purposes. In 1991, the two foundations were supplemented by the Employee Foundation for the VKR Group, which was mandated to assist employees in the event of unexpected and unfortunate situations, and to support the children of employees with educational grants.

On the VKR Holding website, you find an overview of the foundations related to the VKR Group – follow the link below.

Learn more
we support those who need it

Financial highlights 2021

In 2021, we made grants worth EUR 2 million altogether.

528 donations worth EUR 1.5 million were made to current or retired employees in need of assistance in distressed circumstances or who applied for a grant for their children’s education or training.

Our Healthy Habits programme contributed with about EUR 630,000.

119 donations worth more than EUR 2.7 million were made in support of projects in the communities where the Group’s companies operate.

See our purposes
Making a difference

Donation stories

We are pleased to share some of the stories behind our grants. If you have received support and want to share your story with us and others, you are always welcome to contact us. Maybe your example is what makes others apply for support.

Latest News

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Grants, June 2022
At the meeting on 21 June 2022, the Board of Directors made 256 grants: Approx. DKK 3.7 t. for employee purposes (181 grants for unfortunate events and 38 educational grants), and about DKK 0.8 t f...
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Live a dream in Romania
10 brave employees from the VELUX and DOVISTA Groups have taken part in building homes for families in need in Romania. The employees volunteered for the project, which was organised by the Employe...
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Grants, March 2022
We are pleased to announce that at the meeting on 24 March 2022, the Board of Directors granted about DKK 3.5m for employee purposes (137 grants for unfortunate events and 54 educational grants for...
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The Villum Kann Rasmussen Award 2022
On 24 January 2022, this year’s award recipients were celebrated at the companies where they work on a daily basis. The day was chosen because it is the working day closest to Villum Kann Rasmuss...
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To restore and create

Green areas & outdoor life

The Employee Foundation has funded original and inspiring projects to provide more green areas and outdoor recreational amenities. The progress of the projects will be followed closely and posted here on the site for you to read.

Discover the projects

A year of excellence

Annual report & key figures

The Employee Foundation´s capital base of EUR 47 million is managed by the VKR Financial Investments department. The result for 2021 was +7.5%, which, given the circumstances, is very satisfactory.

The result was achieved primarily through allocation to the stock markets, which showed significant resilience throughout 2021, whereas traditional bond markets were more challenged by rising interest rates.

Read the annual report 2021