The story
Founded by Else Kröner in 1983.1
Else Kröner (born in Fernau, 1925–1988) took over the Fresenius Company in 1946 after the death of her mentor and foster father Eduard Fresenius. Kröner led the company until her death in 1988, first as managing director and from 1982 as chair of the board.
To provide continuity in the event of her death and to cultivate the memory of Eduard Fresenius, Kröner founded the Else Kröner-Fresenius-Foundation on 7 April 1983. Initially the foundation was provided with a capital stock of 50,000 deutschmarks. Kröner decreed that in the event of her death all her personal assets should be transferred to the foundation.
On 5 June 1988, Kröner died unexpectedly, at age 63.
From Wikipedia’s article on Else Kröner-Fresenius Foundation, shared under CC BY-SA 4.0.5