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105:. Based on a total capital of nearly 100 billion crowns, foundations possess and control assets of estimated 200–300 billions. They constitute a small but economically important contribution to Norway's social and cultural life and to sports, education, and science. Norwegian foundations partly employ and partly engage approximately 35,500 individuals. Most foundations are located in the capital
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Alike companies and organizations, a foundation is an independent juridical entity. Owning itself, a foundation is distinguishable from its otherwise similar couter-part, member-governed organisations. Neither external nor internal persons have partial ownership of a foundation's assets, and as such,
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was introduced, the foundation system was the only to survive; the creation of new settled estates and new fee tails was prohibited. However, based on later interpretations of section 108 of the
Constitution, Norwegian authorities have limited the possibility to create foundations that have as
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When creating a foundation, the founder, who may be a physical person or a juridical, loses his right to dispose assets that are transferred to the foundation. This happens with immediate effect and irrevocably. However, the
208:. The foundation is also used for other types of activity or perform certain types of commercial activity. In later years it has been increasingly common for foundations to perform the idealist work themselves, to become
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is a sizable business sector participant and one of the country's bigger real estate owners. With assets for approximately 25 billion NOK, it is the biggest in Norway.
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purpose to make beneficiary relatives and kin of the founder. As laws in Norway may not be given retroactive force, there are still a handful of family foundations.
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Medieval foundations had a different character than modern ones; assets were deposited in (clerical) institutions rather than being institutions themselves. During
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Foundations have a wide specter of goals. Traditionally foundations were based to promote an idealistic goal, for instance of social, humanitarian,
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or educational nature. The activity of the foundation has then been to operate passive capital management and pay out
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The
Countess of Rosencrone (1753–1838) was the co-founder of several present foundations in Norway and Denmark.
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The most recent and broadest scientific research on
Norwegian foundations is presented in the publication
113:(the second biggest city). However, city-based foundations often cover most or all parts of the Kingdom.
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A foundation is normally required to have a minimum capital of 100,000 crowns when created.
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of 2001 presents a set of minimum formal demands that each creation document has to meet.
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228:(2010) by Håkon Lorentzen and Line Dugstad of the Institute for Social Research.
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The interior of the Rød Manor is owned by the foundation The Anker
Collections.
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140:) have separate/additional legislation and are mainly regulated by the
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50:) are independent i.e. self-owning juridical entities disposing
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were among the first to establish such. In 1814, when the
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Modern foundations originated along with settled estates (
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or other juridical dispositions for one or more purposes.
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of June 15, 2001 (no. 59), and the
Foundation Authority (
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The oldest still-existing foundations in Norway are
363:(savings bank foundation, owns close to 10% of DNB)
349:Queen Maud's College of Early Childhood Education
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327:(free press idealism and media company holding)
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453:The Foundation Law of 15 June 2001, No. 59
333:(owns the Kavli and Q-Melk food companies)
129:). Inclusion in the Foundation Register (
419:Oslo. Institutt for samfunnsforskning.
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117:Legislation and regulatory authorities
415:Lorentzen, Håkon, and Dugstad, Line:
294:Constitution of the Kingdom of Norway
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136:So-called savings bank foundations (
373:Zero Emission Resource Organisation
169:they do not receive a foundation's
402:Lorentzen and Dugstad 2010, p. 12.
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121:Foundations are regulated by the
301:Selection of notable foundations
173:. A foundation may itself be an
142:Financial Supervisory Authority
417:Stiftelser i det moderne Norge
343:Norwegian School of Management
226:Stiftelser i det moderne Norge
97:There are approximately 7,600
1:
624:Types of companies of Norway
375:(environmental organization)
351:(pre-school teacher college)
315:(environmental organization)
212:within certain fields or as
197:created by the founder(s).
629:Foundations based in Norway
381:Foundations based in Norway
262:Roman Catholicism in Norway
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492:Norwegian types of company
337:Norwegian Computing Center
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189:Foundations are led by a
433:The Foundation Authority
54:that have been given by
441:The Foundation Register
361:Sparebankstiftelsen DNB
309:, the biggest in Norway
290:Dano-Norwegian nobility
284:) during absolutism in
109:(the biggest city) and
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214:research organizations
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288:, and members of the
251:Oslo Cathedral School
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28:Foundations in Norway
307:Olav Thon Foundation
245:Medieval foundations
193:and must follow the
131:Stiftelsesregisteret
534:Enkeltpersonforetak
220:Scientific research
313:Bellona Foundation
268:Modern foundations
255:Trondhjem Hospital
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191:board of directors
138:sparebankstiftelse
127:Stiftelsestilsynet
90:
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611:
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595:Studentsamskipnad
345:(business school)
210:holding companies
206:return on capital
133:) is compulsory.
16:(Redirected from
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331:Kavli Foundation
181:and processes.
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427:External links
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185:Organisation
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164:Independence
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369:(newspaper)
321:(newspaper)
99:foundations
75:Olav Thon's
66:Information
618:Categories
410:Literature
387:References
357:(research)
339:(research)
319:Dagsavisen
179:agreements
78:foundation
602:Stiftelse
583:Sparebank
379:See also
325:Fritt Ord
278:fee tails
257:of 1277.
202:religious
40:stiftelse
32:Norwegian
18:Stiftelse
148:Creation
48:stifting
449:Lovdata
274:stamhus
232:History
195:statute
44:Nynorsk
355:SINTEF
286:Norway
276:) and
171:profit
111:Bergen
103:Norway
52:assets
36:Bokmål
175:owner
93:Basic
541:Etat
107:Oslo
60:gift
56:will
577:RHF
572:NUF
567:IKS
547:FKF
513:ASA
503:ANS
101:in
620::
589:SF
562:HF
557:KS
552:KF
528:DA
523:BL
518:BA
508:AS
451::
395:^
383:.
216:.
144:.
58:,
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280:(
30:(
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