77 organizations: That is how Marlene Engelhorn’s fortune is distributed

The “Good Recommendation for Redistribution” committee commissioned by Engelhorn to hold out the distribution may even publish a closing report within the autumn, as was introduced at a press convention on Tuesday. The committee, a council of fifty residents, selected the high-profile distribution of Engelhorn’s property, with variety enjoying an necessary position. This could “symbolize a mirrored image of Austrian society,” as undertaking supervisor Alexandra Wang emphasised. The main target of the distribution was on questions such because the seriousness of the organizations and the way the cash may very well be utilized in such a manner that it will have a long-term impact.

Distribution over a number of years

The precise 24.9 million euros is not going to be distributed in a single go, however over a number of years, Wang harassed. That is to make sure a sure diploma of planning for the initiatives supported. Engelhorn herself didn’t communicate on the press convention. She intentionally wished to remain out of the image and “not steal the present” from the council, as was stated on the press convention. The millionaire heiress herself plans to enter working life.

Help is supplied to well-known massive organizations, but in addition to small and comparatively unknown initiatives. The record consists of assist organizations resembling Caritas, Diakonie and Volkshilfe, girls’s shelters and road newspapers, Reporters With out Borders, fireplace departments, the Momentum Institute and IG-Demokratie. However small theater initiatives are additionally supported. The whole record could be discovered on the web site.

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