KR Foundation was established in December 2014 by VILLUM FONDEN and the descendants of Msc (Eng) Villum Kann Rasmussen. The foundation is based in Copenhagen, Denmark, but works internationally as well as nationally. We collaborate closely with THE VELUX FOUNDATIONS and the V. Kann Rasmussen Foundation.
In 2021, THE VELUX FOUNDATIONS and KR Foundation launched a new initiative in Denmark named 70by30. The project is designed to support the realization of the Danish 70 pct. greenhouse gas emissions reduction goal in 2030 and aims to enable informed decision making on climate change mitigation at all levels of society to catalyze the necessary, accelerated climate action.
Meet the board
Five out of six KR Foundation Board members are independent. Board members are appointed or elected for a term of three years at a time. Appointment, election and re-election usually take place in connection with the annual meeting of the Foundation. If a vacancy arises during a term of office, the appointment and election may, however, take place at the following board meeting. Re-election is possible, however, not more than twice. Appointment, election or re-election is not possible if the member has reached the age of 75 years.
KR Foundation Board members must be legally competent, reputable, reliable and mature as well as fulfil the statutory requirements for serving as a Board member. In connection with the election of members to the Board, efforts will also be made to ensure that the Board members together possess the qualifications desired for the performance of the overall purposes of the Foundation, and that such qualifications include professional insight and a relevant international network within the fields of environment, climate, nature, sustainability, resilience, finance, communication, political processes, processes of changes, etc. KR Foundation Board members and Vice-Chair receive DKK 150,000 annually in compensation. The Chair receives DKK 450,000 annually.