member of the supervisory board of the Bertelsmann Group; a successor to Bertelsmann Stiftung founder Reinhard Mohn; Liz Mohn; and three to 11 other persons. The Bertelsmann Stiftung board of trustees currently includes Werner J. Bauer (chairman), Liz Mohn (honorary member), Wolf Bauer, Carsten Coesfeld, Thomas Coesfeld, Christoph Mohn, Carolina Müller-Möhl, Viviane Reding, Philipp Rösler, and Bodo Uebber. Funding The Bertelsmann Stiftung is funded primarily by dividends from the Bertelsmann Group. The Bertelsmann Stiftung holds its shares in the Bertelsmann Group indirectly through Johannes Mohn GmbH, in which it holds a majority interest. The foundation's Bertelsmann Group shares are solely capital shares; voting rights are held by the Bertelsmann Verwaltungsgesellschaft mbH. Additional funding comes from partnerships with other non-profit organizations, income from the foundation's assets and donations. The Bertelsmann Stiftung sets aside reserves as required by the relevant tax regulations in order to pursue its activities independently of current income. In 2020, these reserves amounted to €514 million. Since its establishment, the Bertelsmann Stiftung has invested a total of €1.7 billion in charitable work. In fiscal 2020, it received funds of around 13.5 million euros. Expenditures amounted to 73.8 million euros. The majority (€41.9 million) was spent on programs and special projects; €9 million were spent on administrative activities, €7 million on communication and €4.6 million on project-related services. In addition, the Bertelsmann Stiftung made grants to affiliated non-profit organizations in the amount of €11.3 million. Locations The first offices of the Bertelsmann Stiftung were located in a residential building on Gütersloh's Carl-Miele-Straße. In 1980, offices were rented from the Bertelsmann Group instead. In 1986, the Bertelsmann Stiftung moved to a historic building on Moltkestraße, which had been erected by a subsidiary of the Reichsbank in 1893 and was owned by the central bank of the state of North Rhine-Westphalia until 1985. In 1989, the architecture firm Gerkan, Marg and Partners won a competition to design the new headquarters of the Bertelsmann Stiftung opposite the headquarters of the Bertelsmann Group. The building was completed in 1990 and expanded several times over the following years. In addition to the head office in Gütersloh, the Bertelsmann Group has an office in the Kommandantenhaus in Berlin, which has been used by the Bertelsmann Stiftung, too. It now has its own branch office on Werderschen Markt in the immediate vicinity of the Federal Foreign Office and the Humboldt Forum. Furthermore, the Bertelsmann Stiftung has