Alfried Krupp von Bohlen und Halbach Foundation
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The Alfried Krupp von Bohlen und Halbach Foundation (German: Alfried Krupp von Bohlen und Halbach-Stiftung) is a major German philanthropic foundation, created by and named in honour of Alfried Krupp von Bohlen und Halbach, a former owner and head of the Krupp company. The Krupp company once was the largest company in Europe, and one of largest wartime users of forced labor[citation needed] in Nazi Germany, including the Krupp munitions factory (Weichsel Union Metallwerke) in the Auschwitz death camp.[1] In 1959, the company promised to pay individual compensations of DM5,000 ($1,190) to 2,000 slave workers (2% of all the estimated 100,000 slave workers), totalling DM10,000,000 ($2,380,000). Adjusted for inflation this corresponds to approximately €18.4 million or $20.5 million in 2018.[2]
On the death of Alfried Krupp von Bohlen und Halbach in 1967,[3] the entire holdings of the Krupp family were transferred to the foundation. Today, the foundation is the largest shareholder of the ThyssenKrupp industrial conglomerate (20.9% as of 2018) and largely controls the board of the company. The foundation is also tasked with preserving the “unity” of ThyssenKrupp and uses proceeds from ThyssenKrupp's dividend payments to further good causes in science and education.[4]
Other institutions named after the Alfried Krupp[]
- Alfried Krupp College, Jacobs University, Bremen, Germany[5]
- , Essen
- Alfried Krupp Institute for Advanced Study, Greifswald, Germany
- Alfried Krupp PhD Grant[6]
- Alfried Krupp Street, Essen, Germany[7]
See also[]
- Holocaust victims
- List of companies involved in the Holocaust
- List of victims and survivors of Auschwitz
References[]
- ^ Index of /judentum-aktenlage
- ^ Theodore Shabad. 1959. Krupp Will Pay Slave Laborers: Jews Forced to Work in His Plants in World War II to Get $1,190 Each (p 1). The New York Times. 24 Dec.
- ^ "Historie - Alfried Krupp von Bohlen und Halbach-Stiftung". Retrieved 13 September 2017.
- ^ Tom Kaeckenhoff, Arno Schuetze and Edward Taylor (July 17, 2018), Thyssenkrupp's foundation to steer conglomerate in leadership crisis Reuters.
- ^ "Krupp College | The original college!". Retrieved 2019-08-03.
- ^ "Alfried Krupp von Bohlen und Halbach PhD Grant "Historical and Tradition-Based African Art" 2019 | H-Announce | H-Net". networks.h-net.org. Retrieved 2019-08-03.
- ^ "Google Maps". Google Maps. Retrieved 2019-08-03.
External links[]
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- Companies involved in the Holocaust
- Crimes against humanity
- Foundations based in Germany
- International criminal law
- Krupp
- ThyssenKrupp
- Torture
- War crimes