OTTO JUNKER foundation / RWTH Aachen
A graduate of the Technical University of Aachen (RWTH), OTTO JUNKER made it a point in later life to provide students of that university's Foundry Engineering and Electrical Engineering Institutes - as well as young researchers working on their diploma or doctorate thesis - with an opportunity to gather first-hand experience in his company. In 1943, OTTO JUNKER was given the freedom of the city of Aachen. In 1962 he was awarded an honorary doctorate degree in recognition of his outstanding commitment to the university.
In 1970, Dr.-Ing. h.c. OTTO JUNKER established the Otto Junker Foundation as successor to his estate.
His objectives in setting up the foundation were essentially twofold:
On the one hand, he sought to ensure the continuity and ongoing viability of his company, while on the other he aimed to apply corporate profits towards the sustained promotion of science and research, the growing importance of which he understood at a very early stage.
When Dr.-Ing. h.c. OTTO JUNKER died childless in 1982, the Foundation - as his universal heir - inherited not merely his substantial liquid assets but also a 100% share in the OTTO JUNKER company.
The sole beneficiary of the Otto Junker Foundation is the Technical University of Aachen (RTWH), to which the founder felt closely related throughout his life. Since the start of its sponsorship programme in the mid-80s, the Foundation has made available more than € 15 million to the University of Aachen for over 100 research projects. Consistent with its charter mandate, the Foundation has also done much to promote the work and careers of young scientists. Every year, an average € 10,000 are spent on scholarships. The Otto Junker foundation thus ranks among RWTH's leading sponsors today.
The OTTO JUNKER Awards, conferred annually by the Otto Junker Foundation to RWTH graduates in recognition of outstanding academic achievement and degree work, have evolved into a noted mark of distinction and gained renown far beyond the confines of the university's immediate geographic region.
Summarizing the Foundation's sponsorship activities today, it can be stated unreservedly that Dr.-Ing. h.c. OTTO JUNKER's wish to provide lasting support to research and science has been, and will continue to be, fulfilled with determination and success.