Bertelsmann Stiftung in German means Bertelsmann foundation that is known to be the largest non-profit foundation, which is operational in Germany. ‘Bertelsmann Stiftung’ was founded by Reinhard Mohn, in the year 1977. This foundation owns a whopping 77.4% stake in a major European media giant named Bertelsmann AG.
Bertelsmann foundation is quite active in areas like social, economic, cultural, educational, political and health-related issues. It doesn’t believe in making huge grants or awarding number of scholarships and isn’t involved in corporate financing or project funding.