Sparebankstiftinga Sogn og Fjordane

What Sparebankstiftinga Sogn og Fjordane does

Sparebankstiftinga Sogn og Fjordane is a Norwegian charitable foundation (stiftelse) established on 17 August 2010, headquartered in Førde, Sunnfjord municipality, Norway, with 7 employees. The foundation's primary purpose is to maintain long-term, stable ownership of SpareBank 1 Sogn og Fjordane, holding at least 67% of the bank's equity capital by mandate of its articles of association (last amended 6 May 2025), and to redistribute a portion of the bank's annual operating surplus as grants to charitable and public-benefit causes in the Sogn og Fjordane region. It is co-owner of the bank alongside Sparebankstiftinga Fjaler, and was established with foundation capital of 1,408,500,000 NOK comprising 17,835,000 equity certificates at NOK 100 each.

The foundation operates four grant programs: (1) Standard Gift Grants of up to 50,000 NOK, accepted year-round with no deadline; (2) Larger grants above 50,000 NOK, with two annual application deadlines (1 March and 1 September); (3) Furorestipendet, a personal stipend of 100,000 NOK for talented youth aged 15–30 across culture, sports, education/research, and open categories, with up to 10 awards per year; and (4) Klassekassa, a class fund enabling middle school classes in Sogn og Fjordane and Hornindal to earn up to 30,000 NOK per school year (capped at 90,000 NOK through middle school) via volunteer community work at 200 NOK per student per hour. The Inkluderingsfondet inclusion fund is also operated. Applications are processed through a dedicated self-serve online portal (soknad.sparebankstiftinga.no), with outreach via the foundation's website and Facebook page.

Revenue is not publicly disclosed; the foundation does not earn commercial revenue in the conventional sense, instead receiving annual dividends from its majority stake in SpareBank 1 Sogn og Fjordane. Recent notable grant commitments include 45,000,000 NOK to Førde Idrettslag for a sports facility, 5,000,000 NOK each to Vestland Idrettskrets (Straumsmarte idrettsanlegg program, March 2026) and Sogn og Fjordane Ungdomslag, and multi-hundred-thousand NOK grants to DNT Sogn og Fjordane, Fjordane Friluftsråd, MUSEA, Florø Skoles Musikkorps, and Framtidsfylket AS. The foundation is governed by a board of 5 members plus 2 alternates, with a 12-member plus 4-alternate General Assembly and a daily manager.

Name

Sparebankstiftinga Sogn og Fjordane

Legal name

Sparebankstiftinga Sogn og Fjordane

Website

https://sparebankstiftinga.no

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Short description

Sparebankstiftinga Sogn og Fjordane is a Norwegian charitable foundation established in 2010 that holds at least 67% of SpareBank 1 Sogn og Fjordane and redistributes the bank's annual dividends as grants to sports, cultural, community, educational, and youth-talent causes in the Sogn og Fjordane region.

Ownership category

akta.pro rank

Product category

Charitable Grantmaking Foundation

NAICS

Grantmaking Foundations (813211), Grantmaking and Giving Services (81321)

akta.pro primary industry

Grantmaking & Philanthropic Funds (Institutional Donors) (BPADAOAB)

akta.pro secondary industry

Scholarship & Fellowship Foundations and Trusts (EDADAHAC)

Keywords

• Charitable foundation grants
• Regional grantmaking
• Youth scholarship programs
• Community development funding
• Savings bank foundation

Headquarters

HQ city

Førde

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Others

Revenue model

1. Dividend income from SpareBank 1 Sogn og Fjordane: As co-owner (with Sparebankstiftinga Fjaler) of SpareBank 1 Sogn og Fjordane, the foundation receives annual dividends from the bank's operating surplus. A portion of this surplus is distributed as grants to charitable and community purposes in the Sogn og Fjordane region, in the tradition of Norwegian savings banks (sparebanktradisjon).

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Sparebankstiftinga Sogn og Fjordane is a Norwegian charitable foundation that distributes dividends received from its ownership stake (67%+) in SpareBank 1 Sogn og Fjordane as grants to nonprofit organizations, community associations, and talented individuals in the Sogn og Fjordane region. It runs dedicated grant programs including personal scholarships for talented youth (Furorestipendet), a class fund for middle school students (Klassekassa), an inclusion fund (Inkluderingsfondet), and standard gift grants for local causes.

Product overview

Sparebankstiftinga Sogn og Fjordane is a foundation that distributes funds from the surplus of SpareBank 1 Sogn og Fjordane to charitable purposes, continuing the traditional savings bank ethos. The foundation offers several programs: the Furorestipendet (personal scholarships of 100,000 kroner for talented youth aged 15-30), Klassekassa (class fund enabling middle school classes to earn money through volunteer work), Inkluderingsfondet (inclusion fund), and standard gift grants up to 50,000 kroner. The organization is co-owner of SpareBank 1 Sogn og Fjordane alongside Sparebankstiftinga Fjaler, receiving annual dividends from the bank's operations to distribute to local communities.

Differentiator

Problem solved

Functional benefit

Products and services

• Furorestipendet (FURORE Stipend) Personal scholarship program awarding 100,000 NOK annually to up to 10 talented youth aged 15-30 from Sogn og Fjordane in categories of culture, sports, education/research, and open class.
• Klassekassa (Class Fund) Program enabling middle school classes in Sogn og Fjordane and Hornindal to earn money (200 NOK per student per hour, up to 30,000 NOK per school year, max 90,000 NOK through middle school) for class trips and activities through volunteer community work.
• Inkluderingsfondet (Inclusion Fund) Grant program supporting integration and community development initiatives for underserved populations in the Sogn og Fjordane region.
• Standard Gift Grants (Gåvetildelingar) General charitable grants to organizations and causes in Sogn og Fjordane; applications up to 50,000 NOK accepted year-round, with deadlines of 1 March and 1 September for grants above 50,000 NOK.

Quantifiable outcome

• Up to 10 FURORE stipends of 100,000 NOK awarded annually to talented youth aged 15-30
• +1 more outcomes

Named customers9 records

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered major and core.

• Vestland IdrettskretsmajorStrategic or Co-development Partner · 1 January 2026Partnership through which 5,000,000 NOK was allocated to continue the 'Straumsmarte idrettsanlegg' (energy-smart sports facilities) program, supporting energy-efficient upgrades at sports facilities across Vestland county.
• Sparebankstiftinga FjalercoreStrategic or Co-development Partner · 1 January 2010Co-owner with Sparebankstiftinga Fjaler of SpareBank 1 Sogn og Fjordane. Together the two foundations form the ownership structure of the bank, with the combined foundation holding at least 67% of the bank's equity capital. The partnership enables annual dividend distributions that fund the grant-making activities.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Gjensidigestiftelsen: Norwegian foundation formed from the demutualization of Gjensidige Forsikring, owning a major stake in the insurer and distributing dividends as charitable grants. Same foundational structure of perpetual ownership of a financial institution funding community grants.
• Stiftelsen UNI: Norwegian foundation established from UNI Storebrand insurance, distributing grants across health, culture, and research. Comparable perpetual-foundation grantmaking model funded by an underlying financial institution.
• Sparebankstiftinga Telemark: Regional Norwegian savings bank foundation tied to a SpareBank 1 partner bank, distributing charitable grants from dividend income. Comparable structure, geographic scope, and program mix.
• Stiftelsen Kavli: Norwegian industrial foundation (Kavli Group ownership) funding research, culture, and humanitarian causes. Comparable perpetual-foundation grantmaking structure with a similar endowment-driven funding model.
• Sparebankstiftinga Fjaler: Co-founder and joint owner of SpareBank 1 Sogn og Fjordane alongside the subject foundation, operating the same perpetual-foundation + dividend-distribution model with grants in the Sogn og Fjordane region.
• Sparebankstiftelsen DNB: Norway's largest savings bank foundation, established when DNB was partly privatized; distributes large-scale grants for culture, sports, education, and research. Directly analogous perpetual-foundation + dividend-driven grantmaking model.
• Sparebankstiftinga Nord-Norge: Savings bank foundation in Northern Norway that owns equity in SpareBank 1 Nord-Norge and redistributes dividends as community grants. Directly analogous regional savings-bank-foundation model.
• Sparebankstiftinga BV: Regional savings bank foundation associated with SpareBank 1 BV, distributing grants from bank dividends in its district. Same perpetual-foundation + dividend-based grantmaking design.

Regional players

• Stiftelsen SINTEF: Norwegian research foundation associated with the SINTEF group, channeling funds into applied research and education. Adjacent foundation model focused on a specific cause area rather than community-wide giving.

Broad incumbents

• Stiftelsen Norsk Folkemuseum: Major Norwegian cultural foundation operating the Norsk Folkemuseum and distributing grants to culture and heritage causes. Comparable scale and foundation-based grantmaking mission, though focused rather than regional.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/stiftinga
• LinkedInlinkedin.com/company/sparebankstiftinga-sogn-og-fjordane

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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