Organization:Alfried Krupp von Bohlen und Halbach Foundation
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 and a convicted criminal against humanity[1]. Once it was the largest company in Europe, and one of largest wartime users of slave labor[citation needed] in Nazi Germany, including the Krupp munitions factory (Weichsel Union Metallwerke) in the Auschwitz death camp.[2] In 1959, the company promised to pay individual compensations of DM5,000 ($1,190) to 2,000 slave workers (or 2% of all the estimated estimated 100,000 slave workers), or DM10,000,000 ($2,380,000) in total.[3]
On the death of Alfried Krupp von Bohlen und Halbach in 1967,[4] 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.[5] In the 2018 money, the aforementioned 1959 compensation payouts equate to $20,537,000, that is, €18,401,000. The sum is 0.02 percent of ThysenKrupp's 2018 assets, net income and equity, or over €72billion.[6][citation needed]
Other institutions named after the Alfried Krupp
- Alfried Krupp College, Jacobs University, Bremen, Germany[7]
- Alfried Krupp Hospital, Essen
- Alfried Krupp Institute for Advanced Study, Greifswald, Germany
- Alfried Krupp PhD Grant[8]
- Alfried Krupp Street, Essen, Germany[9]
See also
- Holocaust victims
- List of companies involved in the Holocaust
- List of victims and survivors of Auschwitz
References
- ↑ The Krupp Case. Nuerenberg Military Tribunal, Vol 9
- ↑ 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". https://www.krupp-stiftung.de/historie/. Retrieved 13 September 2017.
- ↑ Tom Kaeckenhoff, Arno Schuetze and Edward Taylor (July 17, 2018), Thyssenkrupp's foundation to steer conglomerate in leadership crisis Reuters .
- ↑ ThyssenKrupp Annual Report 2017-2018. 2018.
- ↑ "Krupp College | The original college!" (in en-US). http://www.krupp-college.de/.
- ↑ "Alfried Krupp von Bohlen und Halbach PhD Grant „Historical and Tradition-Based African Art“ 2019 | H-Announce | H-Net". https://networks.h-net.org/node/73374/announcements/4214043/alfried-krupp-von-bohlen-und-halbach-phd-grant-%E2%80%9Ehistorical-and.
- ↑ "Google Maps" (in en). https://www.google.co.uk/maps/place/Alfried-Krupp-Stra%C3%9Fe,+45131+Essen,+Germany/@51.4257707,7.0043086,17z/data=!3m1!4b1!4m5!3m4!1s0x47b8c32c1c314fd1:0xfd5e0f73f6fa8801!8m2!3d51.4257707!4d7.0064973.
External links
- Database of Holocaust Survivor and Victim Names
- Alfried Krupp von Bohlen und Halbach Foundation
- Krupp in Holocaust Online
- Krupp Armaments at Auschwitz
- Nazi War Crimes Trials: Krupp Trial (December 8, 1947 - July 31, 1948)
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