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Philanthropy and impact in education.

The extraordinary legacy of Herbert and Erika Krautkrämer.
A commitment that shaped WHU from its inception to today.

Education has the power to change lives.

Your support transforms it.

At WHU – Otto Beisheim School of Management, we believe in the power of education to open minds, unlock potential, and shape a better future. Thanks to the generous contributions of the WHU Foundation, the Otto Beisheim Foundation, and other dedicated donors, that belief has become action.

Your support makes the following possible: 

  • Scholarships are available to outstanding students, regardless of financial barriers or social background.
  • Pioneering research that creates real-world impact with relevant input for science, business, and society.
  • The continuous development and expansion of an innovative campus infrastructure that fosters learning and the exchange of ideas.

What do all these donations and the name Krautkrämer have in common? A shared commitment to strengthening education and empowering tomorrow’s leaders. Every form of support, large or small, helps to shape the next generation of changemakers.

The Campus Krautkrämer Foundation, the numerous individual donations, and finally, the testamentary bequest of Erika and Dr. Herbert Krautkrämer are examples of how personal commitment and a dedicated community bring WHU’s mission to life every day.

Who was Dr. Herbert Krautkrämer?

An entrepreneur with a vision.

Shortly after World War II, Dr. Herbert Krautkrämer and his brother Josef founded a company focused on non-destructive material testing. They developed Germany’s first pulse-echo ultrasonic device from a garage in Cologne, and this breakthrough propelled them to industry prominence.

Within a few years, their company became a global leader with over 400 employees. The Krautkrämer name lives on in Waygate Technologies (Baker Hughes) today. Josef led technology and development, while Herbert took over commercial management.

He completed an apprenticeship as a radio mechanic at the same time, later graduated with a degree in physics, and earned his doctorate in 1955 with a thesis on the elastic properties of barium titanate—a rare path from craftsmanship to science to international entrepreneurial success.

Read the Waygate Technologies story 

The Early Years of WHU

January 28, 1984
A WHU champion from the start
 
Letter from Dr. Wolfgang Heveker to Dr. Herbert Krautkrämer is the first documented interest in the idea of founding WHU
February 28, 1984
Financial guarantee to the Stifterverband Private Universität Koblenz
 
First documented evidence of financial support and the beginning of Dr. Herbert Krautkrämer’s long-standing commitment
1990-1997
Honorary appointment and strategic input
 
1990: Member of the Board of Trustees of the WHU Foundation: Supporting the school’s growth at a strategic level

1994: Funding of the publication “10 Years of WHU”: Documenting and preserving the history of the school’s roots

1997: Appointment as Honorary Senator of WHU: Recognition for early and ongoing support
2000
Donation for WHU's first new building (“Herbert Quandt-Haus”)
 
Support for the Construction of the First University Building Owned by the WHU Foundation: Co-financing as an expression of trust in the university’s long-term growth and independence
2002
Establishing the Campus Krautkrämer Foundation
 
Initiative for affordable housing in Vallendar with the aim of supporting students regardless of their financial background

Establishment of the foundation by Erika and Dr. Herbert Krautkrämer
2003
Death of Dr. Herbert Krautkrämer
 
After the death of Dr. Herbert Krautkrämer, his wife Erika takes over the leadership of the foundation and continues their shared commitment to WHU
2005
Further milestones
 
Awarding of the Medal of Honor to Erika Krautkrämer for recognition of her personal contribution following the death of her husband

Official opening of the “Campus Krautkrämer” residence hall in Vallendar: First students move into the building financed by the foundation
2022
Death of Erika Krautkrämer
 
WHU becomes sole heir to the Krautkrämer couple's estate: an expression of deep affection and foresight
2025
Inauguration of the Krautkrämer Building at Campus Düsseldorf
 
A new central building has been named in memory of Erika and Herbert Krautkrämer, honoring their extraordinary legacy at the heart of WHU's growing Düsseldorf location
1984
1990-1997
2000
2002
2003
2005
2022
2025

Philanthropy and the future of WHU.

A donation for generations to come.

Throughout their lives, the couple remained childless. Together, Erika and Dr. Herbert Krautkrämer decided to bequeath their entire estate to an institution that reflected their shared ethos: entrepreneurial thinking, scientific excellence, and responsibility toward the next generation.

As early as the early 1980s, Dr. Herbert Krautkrämer supported the founding of WHU, both conceptually and financially. His pledge of support in 1984 was one of the first documented contributions. Over the years, he remained closely associated with WHU as a member of the Board of Trustees and co-financier of the first new school building in 2000.

Erika Krautkrämer shared her husband's conviction and continued their joint commitment to WHU even after his death. She took responsibility for the Campus Krautkrämer Foundation and ensured the opening of the student residence in 2005. She made landmark decisions and ensured the project was finalized per her husband's wishes.

Erika Krautkrämer passed away on August 18, 2022. She made one last philanthropic gesture in her will: that the WHU Foundation would be her sole heir.

Creating Spaces That Shape Futures

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After the renovations, the used-to-be factory building now boasts two lecture halls, eight group workrooms, a meeting space, a catering and bistro area, and a glass courtyard for a little relaxation on about 1600m²
The Krautkrämer Building
The striking Bogenhalle on the Düsseldorf campus will be renamed the “Krautkrämer Building.” The decision symbolizes the impact that Herbert and Erika Krautkrämer have left at WHU:
• A building for students who want to think entrepreneurially and make a social impact.
• A legacy that is invested in scholarships, infrastructure, and freedom.
• A model of how wealth is translated into education: not through names on foundation plaques, but in the everyday life of the university.
The Campus Krautkrämer Foundation
The Campus Krautkrämer Foundation provides affordable, high-quality housing for WHU students, supporting the school’s mission to offer education regardless of social background. It helps integrate scholarship recipients and international students into campus life.

By offering housing on or near campus, the foundation removes financial barriers while fostering personal growth, global connections, and a strong sense of community at WHU.
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Thanks to the WHU community.

The lasting commitment of the Krautkrämer family is also a signal of confidence in our work: in teaching, research, administration, students, and alums. It encourages us to continue pursuing our vision. 

To strengthen social responsibility through education and entrepreneurial endeavors.

Shape the future with us: Get in touch!

Would you like to learn more about our projects or get involved? We look forward to hearing from you!