Supporting cultural work in Westphalia-Lippe with endowments and donations

Endowments or donations are a contribution to the sustainable development of the cultural landscape in the region.

Endowments

Endowments increase the capital stock of the LWL-Kulturstiftung and thus the interest income from which the funds are raised. This increases the income and thus the Foundation's performance and scope for action in the long term.

This is all the more important as, even with low inflation rates, the foundation’s capital decreases in real terms every year if it is not regularly increased through endowments. The endowments themselves must not be used directly for the realization of the purpose and thus strengthen the foundation’s options in the long term.

If you decide to support the LWL-Kulturstiftung in this way, please expressly designate your donation as an endowment when transferring or handing it over. Otherwise, for tax law reasons, the Foundation will be forced to use your donation promptly for the Foundation’s activities and not add it to the capital stock.

Doubling fund

As a donor, the LWL provides special support for private endowments: for every private endowment that the LWL-Kulturstiftung receives in the capital stock, the LWL donates the same amount again.

In this way, the LWL provides support in several ways: It rewards private-sector donor commitment and, together with you, increases the foundation’s funding opportunities in the long term. For regulatory reasons, the LWL’s endowment volume is currently limited to 13 million euros.

Donations

With a donation, you support the Foundation's ongoing projects - either your funds flow into the current financial year in general or you allocate them to one of our funded and ongoing projects.

Unlike endowments, donations must be used directly. Please state a project name when making the transfer if you wish your donation to benefit a project.

Please transfer your donations (whether endowment or donation) to:

Sparkasse Münsterland Ost
IBAN: DE38 4005 0150 0034 3504 70
BIC: WELADED1MST

Contacts, downloads and FAQ

Corinna Grundmann
Jonas Koch
Anja Tomasoni