The story
The foundation belongs to the Stockholm Network. The scientific advisory committee associated with the think tank is known under the name “Kronberger Kreis.” Since 1998, the foundation has awarded Wolfram Engels Prize ("Wolfram-Engels-Preis").
The foundation was founded in 1982 under the name “Frankfurter Institut.” Since 2001, it has been based in Berlin, Germany. According to its statements, the foundation does not receive state funding and is financed through the sale of its publications, donations, and membership fees. The directors of the foundation are Bernd Raffelhüschen and Michael Eilfort, who was the chief of staff of German Christian-Democrat politician Friedrich Merz. Among the foundations past economic contributors was Gerhard Schick, the financial speaker of the German Green Party.
The primary areas of focus of the foundation include the labor market, the social security system, resources, and taxation. In contrast to other like-minded initiatives, the foundation implements its goals through direct discussions with policymakers.
From Wikipedia’s article on Stiftung Marktwirtschaft, shared under CC BY-SA 4.0.5