Source of information
Council of Finnish FoundationsDefinition
A foundation is a special fund established by its founder and managed by an autonomous administration to implement a beneficial purpose specified by the founder.
Number of foundations
2,830 public-benefit foundations (2016) - Source: Register of Foundations, Finnish Patent and Registration Office
Pool of assets
€20,000 million (2015)
Total expenditure
At least €422 million (this is the expenditure of the members of the Council = of 169 foundations) (2015) - Source: Council of Finnish Foundations
More on the sector
Further reading
EUFORI STUDY : European Foundations for Research and Innovation : Finland Country Report, European Union, 2015