Growth in funding provided
The first Gerda Henkel Foundation Annual Report for 1977 notes that the Board of Trustees and the Management approved funding of some 540,000 deutschmarks for 21 projects. Since then, the Foundation’s total assets and the number of projects supported have gratifyingly risen. Only ten years later almost 500 scientific undertakings had been supported, and a total of around 14.5 million deutschmarks had been allocated to them. At present, the management office is liaising with some 1,330 on-going projects that are receiving funding – and in the more than 40 years of the Foundation’s existence, worldwide more than 6,800 research projects have been supported, with total funds committed of about EUR 175 million.