Annual report: Review on our work in 2017

Corporate Operations

Management: Wilhelm-Friedrich Uhr

Corporate Operations supports the work done by the Bertelsmann Stiftung through its Finance & Tax, Controlling, Human Resources, Information Technology and Services departments. Its mission is to ensure effective reporting and compliance structures, coordinate financial and human resources, facilitate a smooth functioning of the foundation’s operations, and constantly improve quality and cost-effectiveness. It focuses primarily on governance and compliance, and supporting the Executive Board and the foundation’s managers in their strategic planning, controlling and development activities. It also provides project-related services for the foundation’s ongoing programs.

Total expenditures

Expenditures for the 2017 fiscal year totaled €90.2 million. Since its inception, the Bertelsmann Stiftung has made over €1.4 billion available for nonprofit activities.

Program expenditures

In its 2017 fiscal year, the Bertelsmann Stiftung invested €55.0 million directly in its program activities. Due to a greater number of activities, that was €10.0 million more than in the previous year.

Affiliated nonprofit institutions

In 2017, the Bertelsmann Stiftung’s contributions to affiliated nonprofit institutions increased by approximately €2.4 million from the previous year to € 13.2 million.