The Richard and Annemarie Wolf Foundation is an investment trust foundation. It directly holds all shares in Richard Wolf GmbH, a medical technology company, and indirectly holds shares in the current 18 domestic and overseas subsidiaries.
The Professional medical product portfolio is developed and manufactured for the relevant specialist disciplines of human medicine at the headquarters in Knittlingen. The entire product portfolio is marketed worldwide.
Founder of the foundation
*03.05.1901 † 03.01.1969
The foundation is named after Mr Richard Wolf and Mrs Annemarie Wolf whom, during their lifetime, were each sole shareholders of Richard Wolf GmbH, which was founded in 1947. After the death of company founder Richard Wolf, his entrepreneurial wife Annemarie Wolf owned all of the shares in the business. Following a social, and in particular, socio-political vision, Mrs Annemarie Wolf founded a charitable foundation in 1968.
Founder of the company
*19.12.1906 † 26.04.1958
In his will, the founder made the foundation the sole heir of his business assets. Since the death of the founder in 1969, the Richard and Annemarie Wolf Foundation is the sole shareholder of Richard Wolf GmbH. The structure of the foundation remains unchanged under company law and celebrated its 50th anniversary in 2019. Since then, profits have been paid exclusively to the charitable foundation.
Role of the Foundation Board
The foundation is charitable and the purpose of the foundation, is the promotion of medical science, in particular those specialist areas that work with endoscopes. In addition, the foundation exercises statutory shareholder rights as they are subject to the stipulation of the foundation as the sole shareholder. The Board of the Foundation is therefore responsible for auditing, monitoring and advising the management. The constructive consultancy tasks are governed by the personnel-oriented and socially acceptable implementation of a qualified growth trajectory for the RICHARD WOLF group of companies.
The five current members of the foundation board are predominantly committed to preserving the assets of the foundation. By complying with this obligation, the foundation board takes responsibility of the founder's intentions in terms of how it is comprised.
The Board of the Foundation is solely responsible for managing the assets, in addition, responsible for the strategic direction of the RICHARD WOLF Group as a globally active organization.