Under its Statutes, the sole aim of the Foundation is to provide direct support for science and research at universities and research institutes primarily in Germany, with a special emphasis on junior researchers.
Since 1961, the year it began its active work, the Fritz Thyssen Foundation has been a reliable partner for researchers working in the humanities, social science and medicine. Originally funded with a stock package of August Thyssen-Hütte AG having a nominal value of DM 100 million, it has contributed approx. EUR 605 million to scholarly research at universities and non-profit research centres over this period.
The Fritz Thyssen Foundation supports research in the fields of history, language and culture, state, economics and society as well as medicine, devoting special attention to support for junior researchers.
“It has always been our intention to place a nominal amount of DM 100 million in stock of Aug. Thyssen-Hütte AG in a “Fritz Thyssen Foundation”, which is to be independently administrated and whose earnings are to be used to the benefit of German universities and other schools of higher learning, research, science and for the support of junior researchers.”
Amélie Thyssen in a letter to Konrad Adenauer dated 5 May 1960 on the purpose of the Foundation