Carlsberg Breweries income creates the Carlsberg Foundation; Johannes Pedersen chairman for the five member board; meetings on progress and smaller/larger grants to museums and to individuals; limits to size of grants; grant procedures. The establishment of Bohr’s institute (to reestablish international scientific collaboration); relationship between Harald & Niels Bohr and Martin Knudsen (their views on German inclusion in international scientific unions); United States visits 1923, 1933; life at Bohr’s institute and life at Carlsberg.