Reinhard Mohn founds the nonprofit Bertelsmann Stiftung (Foundation).
“In a democracy, the state must be able to rely on its citizens' initiative and dedication.” Based on this belief, Reinhard Mohn founds the nonprofit Bertelsmann Stiftung on February 8, 1977. It is approved on March 14, 1977, providing an institutional vehicle for the political, cultural and social commitment of the Bertelsmann and Mohn families. The nonprofit foundation later becomes the majority shareholder in Bertelsmann AG. The Frankfurter Allgemeine Zeitung comments: “It is not a bad path to go down. The Bertelsmann Stiftung and its articles of incorporation may well become a model for other companies.” The Bertelsmann Stiftung works operationally and focuses on the areas of better education, a more equitable and efficient economic system, cultural diversity, preventative health care, a vibrant civil society and increasing international understanding. Since its foundation the Bertelsmann Stiftung has invested around 1.2 billion euros in its project work.