The charitable foundation Zeit-Stiftung Ebelin und Gerd Bucerius (house style: ZEIT-Stiftung) is registered in Hamburg. Its aim is to fund projects in research and scholarship, arts and culture, as well as education and training. It was founded in 1971 by Gerd Bucerius and carries the name of the founder, the title of the weekly newspaper Die Zeit, which he co-founded, and the nickname of his second wife, Gertrud Ebel, Ebelin. The first scholarships in the 1970s were awarded to young journalists, to enable them to study at Harvard University in Cambridge/US as part of the ZEIT Fellowship programme. In the 1980s, Gerd Bucerius began to actively support stronger competitiveness in higher education in Germany, and gave substantial funds to the private University Witten/Herdecke. In order to promote Hamburg's literary scene, the foundation acquired a villa on the Outer Alster Lake. The Literaturhaus Hamburg opened in 1989, and since then the foundation has made the venue available rent free to the City of Hamburg and the organization Literaturhaus-Verein. In the 1990s, the foundation increased its investments in academia and set up the Gerd Bucerius-Juraprogramm a scholarship programme for young lawyers. Until the death of Gerd Bucerius, the foundation funded 90 individual projects with a total of 15 million euros. Upon the deaths of the founder in 1995 and of his wife in 1997, the couples' entire private assets were bequeathed to the foundation. Over the past ten years, the foundation has provided a total of 153 million euros in grants. More information...
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