Founded | 2003 |
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Type | Austrian private foundation |
Focus | Social Development, Culture, European Integration |
Location | |
Origins | legal successor of Erste oesterreichische Spar-Casse (First Austrian Savings Bank) of 1819 |
Area served | Central, Eastern and South Eastern Europe |
Method | operational foundation and grant giving |
Boris Marte (Chairman); Wolfgang Schopf (Deputy Chairman); Eva Höltl; Martin Wohlmuth | |
Revenue | main shareholder of Erste Group Bank AG |
Employees | approx. 20 |
Website | www |
ERSTE Foundation (in German DIE ERSTE österreichische Spar-Casse Privatstiftung or in short: ERSTE Stiftung) is the biggest Austrian savings bank foundation. In 2003, it evolved from the Erste österreichische Spar-Casse, the first Austrian savings bank founded in 1819. It is the main shareholder of Erste Group. As a private austrian savings banks foundation, the foundation invests parts of its dividends to support the development of societies in Central and South Eastern Europe.