The foundation was established in 1922 by the grain trader and long-time Chairman of the VdG - Otto Friedeberg. In is an incorporated foundation under civil law and situated in Hamburg.
Object of the foundation is to support current and former indigent members of the VdG as well as their employees and relatives.
Bayerische Hypo- und Vereinsbank
IBAN: DE91 20030000 0000200535
BIC: HYVEDEMM300