The cold season – when our Foundation magazine is usually published – is the season for root vegetables, which are high in nutrients thanks to all the energy and vigour of summer and autumn that are concentrated in them. The same is true for this issue.

SAGST is taking a short Christmas break from 24 to 31 December and wishes its foundation contacts, funding partners and service providers a Merry Christmas and a Happy New Year! We would also like for our Christmas greeting to arouse anticipation for the Foundation’s upcoming publication on the topic of nutrition, which will be published in February 2022.

The coronavirus pandemic, which led to major losses, caused stock indices to plummet by more than 30 percent. Its financial consequences also infected many foundations, which had already been significantly weakened by a long phase of falling interest rates before Covid-19. How the SAGST experienced this challenging year and the investment strategy that was pursued during the crisis is explained by Markus Ziener on the occasion of the publication of SAGST’s funding and financial report.  ...

Attentive readers may have already noticed that there is also basic information (only in German) about the Software AG Foundation (SAGST) in what is known as ‘plain language’ available on our website. In doing so, we want to present key aspects of our work as simply as possible.