Velux Stiftung is an independent non-profit private foundation based in Zurich, Switzerland. Established in 1980 by Villum Kann Rasmussen, the foundation aims to have an impact on and contribute to sustainable improvement and the benefit of society. The foundation attains leverage by focusing on projects with a high potential to initiate change and impact. The assets of the foundation are managed by the board of directors, assisted by the investment committee.Velux Stiftung's investment portfolio is valued at CHF228.5 million, with investments in domestic and international equity, fixed income, real estate, real assets, and private equity. The return on the foundation's total financial assets was 11.3%