Endowment / Foundation

Updated:

Carlsberg Foundation

The Carlsberg Foundation was created in 1876 by J.C. Jacobsen to secure permanent Danish ownership of the Carlsberg brewery. Its charter requires the...

Carlsberg Foundation logo

Carlsberg Foundation

The Carlsberg Foundation was created in 1876 by J.C. Jacobsen to secure permanent Danish ownership of the Carlsberg brewery. Its charter requires the foundation to hold a majority stake in Carlsberg A/S and to allocate surplus funds to scientific research inside Denmark. The foundation supports basic research through direct grants and talent programs. It maintains ownership of Carlsberg A/S alongside the New Carlsberg Foundation and the Tuborg Foundation. Geographic focus remains Denmark with limited internationalization of supported researchers. No public data exists on external fund commitments or co-investments. Majken Schultz chairs the board and also serves as deputy chair of Carlsberg A/S. Lasse Horne Kjældgaard acts as CEO. The foundation lists no additional offices outside Copenhagen. Recent public records contain no operational updates from the last 24 months. Governance ties to the Royal Danish Academy of Sciences and Letters create a distinct succession structure for board selection.

General information

Firm type

Endowment / Foundation

Year founded

1876

AUM

DKK 11.6 Bn

Location

Region

Europe

Country

Denmark

City

Copenhagen

Corporate office

Copenhagen, Hovedstaden, Denmark

Principals

Lasse Horne Kjældgaard

CEO

Majken Schultz

Chair of the Board of Directors

Sector focus

PhilanthropyResearch Funding

Frequently asked questions

Who runs investment decisions at Carlsberg Foundation?

Lasse Horne Kjældgaard serves as CEO. Majken Schultz chairs the board and holds a concurrent role at Carlsberg A/S. The five board members are appointed by the Royal Danish Academy of Sciences and Letters.

How is Carlsberg Foundation related to Carlsberg A/S?

The foundation holds a controlling ownership stake in Carlsberg A/S as required by its founding charter. This stake generates the primary resources for its grant programs.

Where does the underlying wealth come from?

J.C. Jacobsen created the foundation in 1876 from proceeds of the Carlsberg brewery. The foundation's assets derive from its ongoing ownership position in Carlsberg A/S.

Does Carlsberg Foundation maintain philanthropic structures, and how are they separated?

The foundation operates alongside the New Carlsberg Foundation and the Tuborg Foundation. Each entity maintains separate governance and grant mandates focused on art, science, and social initiatives.

What investment stages does Carlsberg Foundation typically target?

No public information describes stage preferences or external fund commitments. Activity centers on long-term ownership of Carlsberg A/S and domestic research grants.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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