Het ondersteunen van religieuze, liefdadige, wetenschappelijke, literaire en/of educatieve activiteiten van de
Principia Corporation.
Stichting Fred M. van Eck Support Foundation for the Principia Corporation
Gele Hoevelaan 4 5242 AG, Rosmalen
info@stichtingfredvaneck.nl
812611469
34159656
Samenstelling van het stichtingsbestuur:
- De heer W.M. Hanzlik, voorzitter
- De heer T.A. Spaulding
- De heer G.J. van der Hoeven
Alle bestuursleden zijn onbezoldigd.
In order to achieve our objectives, Stichting Fred M. van Eck Support Foundation for the Principia Corporation (“the Stichting”), has one major investment: a majority interest in Cordstrap B.V., the world market leader in cargo securing solutions. Shares in Cordstrap were gifted to the Foundation by the late Mr. Fred M. van Eck who wanted to provide ongoing funding to the Foundation to enable it to achieve its charitable objectives. This investment generates a stable cash flow through dividends which funds the charitable objectives of the Foundation.
The majority of the available funds are used to make donations to the Fred M. van Eck endowment fund of the Principia Corporation. In addition, the Stichting provides support to international programs of Principia.
The Study Abroad program assists US based students of Principia College to execute part of their education program in a foreign country. Any Principia student with the ambition to study abroad can apply for a scholarship.
The second international program is the International Student Program. This program provides scholarships to foreign students to execute part of their study at Principia College in Elsah, Illinois in the US.
During the period ending 31 March 2022, the Stichting received dividends for an amount of € 10,530,000 from its participations in Cordstrap BV and Corest CV. After deduction of some operational cost, these funds have been used to make donations to the International Student Program and the Study Abroad Program.
The remaining available cash has been donated to the Fred M. van Eck endowment fund of Principia.
The Trustees have overseen these activities and have approved the financial statements of 2021-22.
Copyright © Stichting Fred van Eck