Co-proprietor of the HARIBO confectionery company Dr Hans Riegel, who died in 2013, founded the Dr Hans Riegel Foundation in Germany in 1987. It has been a charitable organisation since 2000. In Austria, he founded a second charitable foundation, the Kaiserschild Foundation, in 2007.
Riegel assigned four statutory purposes to his foundations: education, research and teaching, the visual arts and charity. The Austrian Kaiserschild Foundation is based in Hieflau. By giving the Foundation this name, Riegel expressed his deep attachment to Styria and the state of Austria. (The Kaiserschild is a broadly shaped mountain on the northern edge of the Eisenerz Alps).
With its commitment to realising its statutory purposes, the non-profit private Kaiserschild foundation promotes innovative projects and sustainable initiatives in the education sector. As a core task of the Foundation, Riegel insisted on the furtherance of young talent in the scientific and technical fields, so that a large part of the Foundation’s expenditure goes into these areas. His holistic view of society led Riegel to include in the statutes both pivotal aspects of education, research and teaching as well as the promotion and preservation of art.
Riegel was extremely interested in the visual arts and had his own collection of paintings and sculptures. The part of the collection dealing with 17th-century art now goes on permanent loan to the Alte Galerie, and the one comprising 19th-century art is expected to go to the Museumscenter Leoben.