The Software AG Foundation is an independent charitable foundation under German law and based in Darmstadt. We are not a corporate foundation, but rather a principal shareholder in the Software AG company, also based in Darmstadt.
The Software AG Foundation (SAGST) has been funding selected projects since 1992 with the returns on an endowment of around 1,2 billion euros. We exclusively fund projects carried out by independent non-profit organisations that provide an immediate benefit to the community.
We consider it a special aspect of our work to actively initiate new projects that achieve the essential developments and objectives identified in the foundation's constitution (version dated December 2, 2016).
Adherence to the "Guiding Principles of Good Practice for Foundations", adopted by the Association of German Foundations in 2006, is central to how we work.
The Software AG Foundation has its own asset management.
Founding Donor Dr. h. c. Peter Schnell: »We help our project partners to realise their initiatives responsibly and for the well-being of others and our society as a whole.«