Articles of the foundation (excerpt)
This foundation is called the Gustav Weidanz Foundation. It is a foundation with no legal capacity that is administered by Burg Giebichenstein University of Art and Design Halle. The foundation was established on the basis of the will of Professor Gustav Weidanz, dated 1 May 1964, according to which he left his estate to Burg Giebichenstein University of Art and Design Halle.
The aim of the foundation is to support young sculptors in the Federal Republic of Germany. The foundation’s aim is to be achieved by the granting of the Gustav Weidanz Award to young sculptors who are not older than 35 and who have their permanent residence in the Federal Republic of Germany.
The foundation serves purposes that are subject to preferential tax treatment as per §§ 51 ff of the German Fiscal Code (Abgabenordnung). It solely and directly pursues purposes that are for the common good, with no self-interest. It may not pursue its own economic interests. The foundation’s funds may only be used for the purposes deﬁned in the articles. No person may beneﬁt from ﬁnancial support that is not in accordance with the foundation’s aims or from unreasonably high remuneration.
The Curatorial Board is the only committee within the foundation. It decides upon the allocation of funding from the foundation and on the nomination of the award-winner. The Curatorial Board consists of the members of the Rectorate of Burg Giebichenstein University of Art and Design Halle, the Director of the Staatliche Galerie Moritzburg Halle and a sculpture professor at Burg Giebichenstein. The ﬁrst two members in this list are ex ofﬁcio members of the Curatorial Board, while the latter is a co-opted member who is appointed by the ex ofﬁcio members for a single award-nomination process.
The Rector of Burg Giebichenstein University of Art and Design Halle is the chairperson of the Curatorial Board.
The curators perform their duties on a voluntary basis.
Halle, 19 June 2002