The Hertie Foundation carries on the life's work of Georg Karg, owner of the Hertie department store. Founded in 1974, the Hertie Foundation is one of today's largest foundations in Germany, with assets to the order of over 800 million EUR and an average annual sponsoring outlay between 20 and 30 million EUR.
In its field of focus, which embraces the Neurosciences, European Integration and Learning Democracy, the Foundation seeks to sound out new solutions and help towards their practical implementation. The Foundation sees itself as initiator, actuating and triggering off a dynamic process that subsequently allows the sponsored project to unfold and develop on its own.