The EAC Foundation

The EAC Foundation

The EAC Foundation primarily supports projects and activities that strengthen and expand relations and business interests between Denmark and the countries in which EAC has done and continues to do business, especially the Asian countries.

In accordance with its statutes, the objects of the Foundation involve research, humanitarian tasks, environmental protection and education, but also artistic and national purposes may be considered.

The Foundation does not allocate a fixed amount each year but considers relevant applications as and when received. The support of the Foundation may be provided as cash amounts disbursed as lump sums or distributed to the recipient over a fixed period of time. Also, support may be provided in the form of loans on favourable terms.

The Foundation owns Asia House and has the stewardship for EAC’s historical heritage and promotes the knowledge of EAC’s historical business operations.

The Foundation was established in 1988.

Supporting an exciting film project

The EAC Foundation has donated DKK 400,000 to Chroma Communications ApS, which is planning a film on EAC’s former training ship, SSV “København”. At its launch in 1921, this vessel was the world’s largest sailing vessel.

The five-masted bark left Buenos Aires in Argentina on 14 December 1928 bound for Australia. Three days later, the vessel’s radio officer had contact with a Norwegian steamship. That was the last sign of life from the ”København”. The crew consisting of 60 officers and young people disappeared without a trace in the southern Atlantic Ocean. How a sailing vessel that could carry 5,150 tons could disappear from the surface without a trace was, and still remains, a mystery. It is this mystery that Chroma Communications ApS is looking for answers to with its new film about the vessel.