The Poul Due Jensen Foundation has received the annual report from the Grundfos Group and greatly appreciates the historic levels of growth and profitability. The result increases dividend paid out to the Foundation whose primary purpose is to own and develop Grundfos. The Foundation also contributes to society through philanthropic donations within three strategic areas: Research and learning, Water and development, and Inclusion. The Foundation committed 117m DKK to philanthropic projects in 2019.
In 2019, the Foundation celebrated completion of the Nyarugusu Refugee Camp water distribution system and bringing access to drinking water to over 200,000 people in Western Tanzania in partnership with the American NGO, Water Mission. The Foundation supports similar projects in collaboration with UNICEF, Plan International and Oxfam.
- Find out what happened over the year in our Annual Review 2019
COVID-19 means a change of focus
”There’s a lot we can do with our knowledge, technologies and donations for people who are often overlooked. Water is a source of life and a prerequisite for improving quality of life and economic development. WASH (Water, Sanitation, Hygiene) is also a core tool to shield humans against the corona pandemic, and we are following the situation closely to see how we can be of assistance. Within research, we will support changed priorities that can help mitigate the consequences of the COVID-19 outbreak now and in future. We will remain true to our partnerships, but we will adapt to the new reality in Denmark, and globally”, explains the Executive Director.
The Foundation Board has re-elected Chairman Jens Maaløe and Vice-Chairman Poul Due Jensen. The Board also counts Estrid Due Hesselholt, Ingermarie Due Nielsen, Annette Due Jensen, Jens Moberg, Elsebeth Gerner Nielsen, Flemming Konradsen, Torben Ømark, Jens Erik Lysdahl, Rudy Martini, and Melinda Briski (replaces Zsuzsanna Tóth). The four last members are employee representatives.