The Foundation Anni Hofmann Stiftung was registered as a charitable foundation on 09.04.2013 and operates in accordance with German law. The Foundation was registered and approved by the District Government of Upper Bavaria.
The Foundation is funded by Dr. O. K. Wack Chemie GmbH Ingolstadt, Bunsenstr. 6. The Foundation was provided with a starting capital in the six figures, and is to continue to receive this same six-figure sum on an annual basis.
The Foundation's finances are subject to regular audits by a chartered accountant, and all of the Foundation's financial transactions are subject to auditing by the Inland Revenue.
All of the Foundation's members, be they members of the Executive Board, Advisory Board or administrative team, conduct their roles in an honorary capacity, thus allowing the entirety of the Foundation's funding to be spent on research.