The Bertelsmann Stiftung is an independent foundation under private law, based in Gütersloh, Germany. It was founded in 1977 by Reinhard Mohn as the result of social, corporate and fiscal considerations. As the Bertelsmann Stiftung itself has put it, the foundation promotes "reform processes" and "the principles of entrepreneurial activity" to build a "future-oriented society."Since 1993, the Bertelsmann Stiftung has held the majority of capital shares in the Bertelsmann Group. It holds 80.9% together with the Reinhard Mohn Stiftung and the BVG Stiftung but has no voting rights.HistoryEstablishment of the foundationAt the end of the 1970s, there were discussions concerning who would follow Reinhard Mohn as chairman of Bertelsmann. Against this background and because he believed that the state must be able to count on its citiens' willingness to assume responsibility and take the initiative, Mohn founded the Bertelsmann Stiftung on February 8, 1977. It was officially approved by the authorities on March 14, 1977. The Bertelsmann Stiftung was initially endowed with 100,000 Deutsche Marks in capital. About two years later it began its work.Building the foundation's workIn 1979, Hans-Dieter Weger was appointed the first managing director. He developed the concept of an operational foundation that develops and oversees its own projects. One of the Bertelsmann Stiftung's first activities was the baseline study "Kommunikationsverhalten und Buch" (Communication Behavior and the Book), which was prepared in cooperation with Infratest. The Bertelsmann Stiftung and the Bertelsmann Group also provided support for the construction of the Gütersloh municipal library.
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