Committees, figures, and funds
The Sto Foundation has been active ever since it launched its first funding projects after being founded in 2005. Funds totalling EUR 100,000 are available each year and the Foundation Council decides how these are used. According to the charter, this committee consists of three to seven people and is made up of education experts and representatives from the fields of trade and architecture.
The acting Foundation Council is made up of five people:
Prof. Peter Cheret
Institute of Building Construction and Design at the University of Stuttgart
Konrad J. Richter
Retired Headmaster, former principal of the Hennef commercial college
Chairman of the Supervisory Board of Sto Management SE, Deputy Chairman of the Foundation Council
Chairman of the Foundation Council
Head of Public Relations Sto Foundation
Selfless and directly beneficial to others
The Foundation Council selects three of its representatives to form the Foundation's Executive Board, which conducts the commercial operations of the Foundation, correctly manages its assets, and ensures that it only engages in charitable causes.