Spar Nord Fonden

What Spar Nord Fonden does

Spar Nord Fonden, now operating as Nordjyllandsfonden (legal name; CVR 14346902), is a Danish charitable foundation headquartered at Strandvejen 3 st., 9000 Aalborg, that funds community initiatives in the North Jutland (Nordjylland) region. The foundation distributes donations across three pillars: Culture (Kulturstøtte), Social (Socialstøtte), and Leisure (Fritidsstøtte), prioritizing projects that reach underserved populations, support vulnerable groups, and strengthen volunteer-driven associations. It additionally runs a recurring monthly micro-grant program called "10 til Forskel," which awards 10,000 DKK to a local community project each month.

The foundation operates a self-serve digital grant pipeline: prospective grantees apply via the website's "Ansøg nu" (Apply now) portal, supported projects are publicly displayed on an interactive Denmark map for transparency, and a newsroom ("Nyheder") publishes updates. Its primary marketing and community channels are its own website (nordjyllandsfonden.dk), organic social media, and earned-media news updates. Customer segments are organized horizontally across cultural, social, and leisure grantees, all anchored to North Jutland.

The foundation's economic model is that of an endowed nonprofit: revenue (i.e., funds available for distribution) is derived from the investment returns on its asset and endowment portfolio, rather than from commercial sales. The portfolio was materially restructured in 2025 when the foundation's board accepted Nykredit's purchase offer for all of the foundation's shares in Spar Nord Bank, ending Spar Nord Bank's role in the foundation's purpose and triggering the rebrand to Nordjyllandsfonden. The entity is a private Danish foundation (fond), is not publicly traded, and does not disclose revenue or endowment figures.

Name

Spar Nord Fonden

Legal name

Nordjyllandsfonden

Website

https://sparnordfonden.dk

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

1–10 employees

Short description

Nordjyllandsfonden (formerly Spar Nord Fonden) is a Danish charitable foundation in Aalborg that funds community projects in culture, social support, and leisure across the North Jutland region, including a monthly 10,000 DKK "10 til Forskel" micro-grant program.

Ownership category

akta.pro rank

Product category

Charitable Foundation & Community Grants

NAICS

Grantmaking Foundations (813211), Civic and Social Organizations (8134)

SIC

Services-Social Services (8300)

akta.pro primary industry

Community Foundations (BPAGAKAB)

akta.pro secondary industry

Grantmaking & Philanthropic Funds (Institutional Donors) (BPADAOAB)

Keywords

• Community foundation grants
• Cultural donations
• Social support grants
• Leisure association funding
• Regional philanthropy

Headquarters

HQ city

Aalborg

HQ country

Denmark

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Others, Personnel, Operations, Marketing or Sales

Revenue model

1. Foundation Donations and Grants: Nordjyllandsfonden operates as a charitable foundation that provides donations and grants to community projects in culture, leisure, and social areas. The foundation distributes funds to local communities and organizations that create meaningful impact. Revenue is derived from investment returns on the foundation's endowment and asset portfolio, which was strengthened after the 2025 sale of Spar Nord Bank shares to Nykredit.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Nordjyllandsfonden is a Danish charitable foundation that provides donations and grants to community projects in culture, leisure, and social areas across the North Jutland region. It distributes funding through three core pillars—Kulturstøtte (Culture Support), Social Støtte (Social Support), and Fritidsstøtte (Leisure Support)—and runs the recurring monthly '10 til Forskel' program awarding 10,000 DKK to a local project. Funds are sourced from investment returns on the foundation's endowment, which was reinforced after the 2025 sale of its Spar Nord Bank shares to Nykredit.

Product overview

Nordjyllandsfonden (formerly Spar Nord Fonden) is a foundation that supports community initiatives through donations. The organization operates a unified donation program across three main areas: Culture, Social, and Leisure support. Additionally, the foundation runs a monthly initiative called '10 til Forskel' that distributes 10,000 DKK to local projects. The foundation supports communities in the North Jutland region of Denmark, with a focus on creating visible impact for associations and communities.

Differentiator

Problem solved

Functional benefit

Products and services

• Kulturstøtte (Culture Support)

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Lokale og Anlægsfonden: Danish foundation that funds local community, leisure, and association projects across Denmark. Very directly comparable to Nordjyllandsfonden's Fritidsstøtte pillar and its focus on volunteer-driven associations and local engagement.

Regional players

• Statens Kunstfond (Danish Arts Foundation): Government-administered Danish foundation distributing grants to artists and cultural projects nationwide. Comparable as a Kulturstøtte-style grantmaker targeting arts and cultural experiences for broad audiences including children and youth.

Broad incumbents

• Det Obelske Familiefond: Danish family foundation funding culture, education, and social projects in Northern Jutland and beyond. Directly comparable as a Danish cultural and social grantmaker with regional Northern Jutland overlap, making it one of the closest mission peers.
• A.P. Møller Fonden: Major Danish foundation supporting cultural, social, and educational initiatives with both national and international reach. Comparable grantmaking categories to Nordjyllandsfonden but at vastly larger scale.
• Augustinus Fonden: Danish foundation supporting research, culture, and social/humanitarian projects with a community focus. Comparable thematic breadth (culture + social) to Nordjyllandsfonden's three-pillar grantmaking structure.
• TrygFonden: Danish foundation associated with Tryg insurance, funding safety, well-being, and community projects. Comparable as a corporate-linked Danish grantmaking foundation with a social-well-being mission similar to Nordjyllandsfonden's social pillar.
• Realdania: One of Denmark's largest philanthropic foundations, funding nationwide built-environment, cultural, and community projects. Comparable to Nordjyllandsfonden as a Danish grantmaking foundation operating across cultural and social themes, but at national scale and with substantially larger assets.
• Nordea-fonden: Large Danish corporate foundation (originating from Nordea) funding health, culture, education, and community projects across Denmark. Comparable grantmaking mission and donation-based revenue model, with deeper financial resources and broader national reach.
• Bikubenfonden: Danish foundation supporting arts, culture, and social development projects with an emphasis on community engagement and vulnerable groups. Closely comparable in thematic mix (culture and social) to Nordjyllandsfonden but operates nationally.

Others

• Kulturminnefonden (Realdania By & Byg / A.P. Møller related): Adjacent cultural-heritage grantmakers in Denmark that overlap thematically with Nordjyllandsfonden's cultural pillar but operate via built-environment or heritage-preservation mechanisms rather than community programming.

Market position

Strengths3 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/sparnordfonden
• LinkedInlinkedin.com/company/spar-nord-fonden

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Spar Nord Fonden