Foundations Ownership Danfoss is an unlisted company owned by the Bitten and Mads Clausen Foundation and the Clausen family. The Foundation is a corporate fund and, together with the Clausen family, has the majority shareholding in Danfoss A/S, the parent company of the Danfoss Group. The Foundation and family ownership ensures a high degree of stability and continuity, as well as providing a long-term and strategic perspective in the development of Danfoss. Furthermore, the Danfoss owners reinvest a large part of the annual dividend received by Danfoss A/S, which allows extra scope for consolidation, the building of asset management, and the indirect support for Danfoss through projects and grants that have a positive impact on the company, employees and the local communities in which Danfoss is active. Finally, the Foundation and family ownership means that Danfoss, through the Foundation, also has a strong focus on supporting activities within charitable and non-profit areas. Bitten and Mads Clausen Foundation The Bitten and Mads Clausen Foundation was founded by Bitten Clausen, the widow of Danfoss' founder Mads Clausen. The Foundation is governed by its Articles of Foundation, which are based on the wishes and ideas of Mads Clausen concerning the future development of Danfoss. This means that the Foundation supports activities that have a positive effect on Danfoss A/S, Danfoss employees and the local areas in which Danfoss operates. The Foundation is a registered foundation under the Danish Commerce and Companies Agency (Erhvervs- & Selskabsstyrelsen). Applications cannot be made to the Foundation. It donates money to different activities on its own initiative. Examples of larger donations in recent years include: The establishment of Danfoss Universe The establishment of The Mads Clausen Institute The establishment of a Clean Room at the University of Southern Denmark The funding of a cluster analysis that will map the competences and opportunities for growth for Southern Denmark The establishment of The Danfoss Center of Global Business, University of Southern Denmark The Mads Clausen Foundation The Mads Clausen Foundation was established in 1960 and grants charitable donations. Over the years, the Foundation has granted considerable support for many different purposes: donations for schools in Pakistan, for cancer funds in Denmark as well money for an ultrasound scanner for a hospital in Slovenia, to mention a few. The Foundation capital was originally donated by Danfoss’ founder, Mads Clausen, and has since been supplemented by donations from Danfoss and from the Bitten and Mads Clausen Foundation. The charitable support falls into different categories: Research and education Leisure and sports Hospitals, institutions and health Art and culture Read more Annual Report 2013 Danfoss Foundation for Education To help students financially during their studies, the Danfoss Foundation for Education awards scholarships to: Students who have a direct or indirect relationship with Danfoss Students studying at the Mads Clausen Institute at the University of Southern Denmark in Soenderborg Danfoss apprentices who, after completing their apprenticeship, decide to pursue a higher education within science and technology, e.g. an engineering degree, and who have completed their apprenticeship at Danfoss with particular distinction Read more Annual Report 2013 Be socialTake part Want to socialize with us? Get to know us and take part in the conversation All Danfoss Products Residential Commercial Industrial Business Partner TERMS OF USE PRIVACY POLICY GENERAL INFORMATION