Upper Franconia Foundation
The Upper Franconian Foundation in Bayreuth was founded in 1927 by the forerunner of the Upper Franconian district . The then Upper Franconia district, chaired by the Lord Mayor of Bamberg , Adolf Wächter, set up the foundation with assets of 6 million Reichsmarks . From 1919 to 1928 Wächter was President of the District Council of Upper Franconia. During this time, the district expanded the nationwide power supply . The participation of the district in the overland works generated some profit. On February 11, 1927, this was transferred to a foundation for the promotion of exclusively charitable purposes in the field of people's welfare with special consideration of the social conditions of the population . This district foundation is run today under the name of Oberfrankenstiftung . The establishment of the foundation was intended to prevent the district's assets from flowing into the more populous areas on the other side of the district in the event of a possible amalgamation with Central Franconia .
In accordance with its statutes, the foundation awards grants as a support foundation exclusively in the area of the administrative district of Upper Franconia.
It concerns grants (annually about 20 million euros) in the areas
- Social
- Arts and Culture
- Monument preservation
- Science and Research
However, there is no legal entitlement to funding.
Administration is carried out by the Board of Trustees, whose chairman is, by virtue of the statutes, the District President of Upper Franconia (currently Heidrun Piwernetz ).