THE SOFTWARE AG FOUNDATION
The Software AG Foundation (SAGST) is an independent charitable foundation under German civil law with headquarters in Darmstadt, Germany. We are not a corporate foundation. It was founded by IT pioneer Dr. h. c. Peter Schnell, who contributed all shares in the company of the same name to the foundation in the 1990s.
Since its founding, SAGST has been using the profits on around 1.3 billion euros in foundation assets to support projects organized by independent charitable organizations that directly and exclusively serve the common good. SAGST supports initiatives not only in the areas of Education, Children and Youth, Assistance for the Elderly and Individuals with Disabilitiese but also in Anthroposophical Medicine as well as scientific and practically-oriented projects in Nature and Agriculture. Our funding focuses on Germany and Europe. Together with the MAHLE FOUNDATION we are also involved in Brazil.
In total, we co-enable an average of about 250 projects per year that create healing social impulses for the (further) development of people and society. SAGST ranks among the largest foundations in Germany, measured both in terms of assets and total grant making to further its goals.
