NPKAPITALFORVALTING | 26 Sep 2015
A foundation is quite often a complex organization, but is something that has existed for more than 100 years in Sweden.
A foundation is established by one or several founders to work towards a particular goal, and is quite often perpetual, meaning that it has a long investment horizon. A foundation is not owned by anyone, but owns itself, making foundations unique as capital owners. At the same time, foundations often need an annual targeted yield in order to fulfil their objectives.
A foundation is represented by its board, whose members often work voluntarily. This often means that the board needs professional help regarding a range of issues so that the foundation's work can function smoothly.