Ludwig-Erhard-Stiftung

The Ludwig Erhard Foundation (Ludwig-Erhard-Stiftung e.V.) is a public policy organization founded in 1967 by West German ex-Chancellor Ludwig Erhard in Bonn. The foundation states that it aims to serve "the further development and strengthening of the Social market economy" through publications, talks and public events. The organization's charter states that its task is to promote "principles of liberty in politics and economy through civil education both inside and outside of Germany, as well as scientific work in the subject areas of economics and regulatory policy." The foundation states its overarching goal to be "freedom and responsibility as the foundation of the economic and social structure for the empowered citizen." The foundation is funded through proceeds from its endowment, voluntary membership fees and donations. The foundation is not required to publish a yearly record of its budget.