Source of informationStiftelsesforeningen
Founding means a property value which is independently provided for a particular purpose of an ideal, humanitarian, cultural, social, educational, economic or other nature by testament, gift or other legal disposition. A legal form that fulfills the terms of the first sentence is a foundation under this Act, regardless of whether it is designated as a legacy, institution, fund or other.
Number of foundations
8,000 of which about 2,500 are public benefit foundations (2016; Source: Foundations are regulated by a public authority – Stiftelsestilsynet (The Foundation Authority). All Norwegian foundations must be registered in a register - Register of Foundations. The Foundation's category is shown in the register. For more information see: www.stiftelsestilsynet.no)
Pool of assets
€ 11,62bn (of public-benefit foundations; 2016)
€400 million (2014)
About 10,000 (2016; Source: Stiftelsestilsynet)
More on the sector
The Freedom of Expression Foundation (Fritt Ord) is the largest Norwegian foundation, not taking into account the savings banks foundations.
The Norwegian Gaming and Foundation Authority www.lottstift.no
EUFORI STUDY : European Foundations for Research and Innovation : Norway Country Report, European Union, 2015.