Key figures 2024
Education. social and special grants
2.0
Shipping and seafarers interests
16.1
Social work
38.3
Culture
12.6
Lauritzen relatives
0.4
Grants total:
69.4
Wite-downs on former grants
-15.2
Total
54.2
Share of result in subsidiary
577.9
Financial items, net
41.9
Administration costs etc., net
-19.8
Profit for the year
600.0
Properties
40.3
Investments in subsidiaries
9,011.3
Receivables
3.3
Securities
394.2
Cash
78.6
Total assets
9,527.7
Equity
9,424.4
Approved not yet paid grants
101.0
Other debt
2.3
Total Equity & Liabilities
9,527.7
As a commercial foundation our task can be divided into two: 1) maintaining and running our subsidiaries. 2) granting financial support to humanitarian and social projects. Thus we are not like the traditional humanitarian foundation only focusing on philanthropy. Our assets are, as depicted in the chart above, primarily bound up in stocks. The cash flow from investments determines the amount of which we distribute grants from.
Lauritzen Fonden Holding ApS (94%)
Securities and cash funds (5%)
Property and other assets (1%)
Tranegårdsvej 20 | 2900 Hellerup | CVR-nr. 15 45 36 13
Tel. +45 3396 8425 | kontakt@lauritzenfonden.com