Vehbi Koç Foundation delivers a substantial part of its services through its leading institutions, which include Turkey’s first private museum Sadberk Hanım Museum, Koç University, Koç School (K12), Arter, Meşher and VKV Healthcare Institutions. It also implements programs and supports various organizations and projects within its fields of operation and to date has provided scholarships to over fifty thousand students in need. Since its establishment, the Foundation has been committed to setting an example for “the best” in all of its endeavors, producing sustainable and replicable models. It has today become a model of excellence for many philanthropists in Turkey and the rest of the world.
Vehbi Koç Foundation
The first private foundation to be established in the Republican era, Vehbi Koç Foundation (VKV) was founded by Vehbi Koç in Istanbul to offer social and cultural services. VKV aims to support Turkey’s rapid development through the organizations they manage in essential areas, such as education, healthcare and cultural projects and programs. They promote and work for the benefit of the Turkish people with their sustainable and reproducible models and by leading as example in all of their activities.
Vehbi Koç Award
Vehbi Koç Award, an award given since 2002 to individuals or organizations “who have made an important contribution to the development of Turkey and the Turkish people” in the fields of culture, education or health. The award is given in the late Vehbi Koç’s will. The individual or institution who is to receive the $100,000 award, funded and coordinated by the Vehbi Koç Foundation (VKV), is selected by the VKV Board of Directors from three candidates recommended by a jury formed of leading scientists and experts in the respective field. The members of the jury change every year in keeping with the award field. The aim of the Vehbi Koç Award is to “promote and reward exemplary services that add value to society”. The award is given every year in a ceremony in February during events to commemorate the life of Vehbi Koç.