On the occasion of his 90th birthday, Arthur Handtmann and his wife Ilse launched the “Arthur und Ilse Handtmann Mitarbeiterstiftung” [Arthur and Ilse Handtmann Employees’ Foundation] and thus demonstrated their commitment to social responsibility with respect to the employees of the Handtmann Group of Companies.

Without a great deal of bureaucracy, employees and their relatives who find themselves in particular hardship through no fault of their own will be able to obtain financial support from the employees’ foundation in the future. In the event of significant losses due to a natural disaster, serious illness, serious impairment resulting from health issues after an accident or hardship due to the death of a relative, employees or their relatives can be awarded up to EUR 600 per year, income tax free. 

The employees’ foundation has an advisory board and a management board. The foundation’s advisory board comprises members of the Handtmann family and is headed by Arthur Handtmann. The advisory board appoints and monitors the members of the foundation’s management board and updates the guidelines for the allocation of funds if required. The foundation’s management board consists of five people, two of which are employee representatives proposed by the Group Works Council. It decides on the allocation of the financial support, represents the foundation when dealing with third parties, prepares the annual accounts and reports on compliance with the foundation’s mission.