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Stromme Foundation (Norwegian: Strmmestiftelsen)

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Namestring
Stromme Foundation (Norwegian: Strmmestiftelsen)
Legal namestring
Strømmestiftelsen
Company typeenum
Private
Founded yearint
1975
Descriptiontext

Strømmestiftelsen (Stromme Foundation) is a Norwegian nonprofit foundation established in 1975 and headquartered in Kristiansand, Norway. The foundation's mission is poverty alleviation in developing countries, delivered through education programs and job creation initiatives. It operates across 11 developing countries, reaching approximately 415,550 people in 2025, including 163,616 children and youth under 18. Its programmatic portfolio includes Speed School (accelerated learning for out-of-school children), Green Jobs (converting plastic waste into school desks), Savings and Loan Groups, Samvad, Bonga, and the Act Now exchange program.

The foundation's business model is grant-driven rather than commercial. Revenue is sourced primarily from the Norwegian Agency for Development Cooperation (Norad), institutional donors, and public fundraising channels. The 565 million NOK framework grant from Norad for 2024-2029 represents the largest government grant in the foundation's history, anchoring the operating budget. The award of NRK TV-aksjonen 2027 provides an additional large one-time public fundraising window. In 2025, Hei Verden was merged into Strømmestiftelsen, broadening organizational capacity. The foundation is led by CEO Erik Lunde, who has held the role since August 2021.

There are no disclosed technology, software, or platform products; the foundation delivers programs through partner networks, community structures, and on-the-ground staff rather than through proprietary technology. Pricing is not applicable in the commercial sense, as beneficiary access is subsidized through donor funding rather than fees.

Short descriptiontext

Strømmestiftelsen is a Norwegian nonprofit foundation established in 1975 that combats poverty through education and job creation programs across 11 developing countries, serving over 415,000 people annually.

Operating statusenum
Operating
Ownership categoryenum
akta.pro rankint
HeadquartersKristiansand, Norway
HQ citystring
Kristiansand
HQ countrystring
Norway
HQ regionstring
Europe
Markets served

Serves global market

Offices12 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
poverty alleviation programs, international development aid, education access initiatives, economic empowerment programs, humanitarian assistance services
Industry5 codes
1Education Access & Quality (International Development)
CodeBPAGABAEPrimaryYes
2International Development & Donor-Funded Education Programs
CodeEDADALABPrimaryNo
3Child Protection & Child Rights
CodeBPAGABAGPrimaryNo
4Refugee, Crisis & Humanitarian Education Partnerships (EiE)
CodeEDADALAGPrimaryNo
5Nutrition & Food Security (Global Health) NGOs
CodeHLAJAKAHPrimaryNo
NAICS code4 codes
  • Grantmaking and Giving Services81321
  • Child and Youth Services62411
  • Educational Services611
  • Community Food Services624210
SIC code2 codes
  • Services-Social Services8300
  • Services-Educational Services8200
Product category
International Development and Poverty Alleviation Services
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model5 records
1Individual Donations
TypeOthers
Description

The organization receives donations from individual supporters including regular monthly giving (fast giver), one-time gifts, and campaign-based contributions. Tax deductions are available for Norwegian donors.

strommestiftelsen.no
2Norad Government Grants
TypeGrants Donations
Description

Norad (Norwegian Agency for Development Cooperation) provides substantial government funding. In 2024, Strømmestiftelsen received 565 million NOK for poverty alleviation work in Asia and Africa over five years (2024-2029).

strommestiftelsen.no
3Corporate Partnerships
TypeOthers
Description

Partnerships with businesses for project funding, skills-based volunteering, and cause marketing. The organization has a business partner program.

strommestiftelsen.no
4Testamentary Gifts
TypeOthers
Description

Bequests and testamentary gifts from donors. In 2021, the organization received 3,870,593 NOK in testamentary gifts. In 2020, they received 3,011,287 NOK in testamentary gifts.

strommestiftelsen.no
5Merchandise Sales
TypeOthers
Description

Online store selling symbolic gifts (goats, school desks, solar lamps, coffee) that represent development interventions. Prices range from approximately 100-5000 NOK.

strommestiftelsen.no
Marketing channels9 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D
Pricing details4 tiers
1Monthly giving (Fast giver) - Regular donor program
ModelSubscriptionBilling cadenceMonthly
Notes

Norwegian donors can sign up for monthly giving with tax deduction benefits. Various amounts available (100, 150, 500, 1000 NOK or custom).

strommestiftelsen.no
2One-time gifts via online store
ModelOne time/ perpetual licenseBilling cadencePay-as-you-go
Notes

Symbolic gifts such as: goat (geit), school desk, solar lamp, coffee. Prices typically 100-5000 NOK range.

strommestiftelsen.no
3Corporate partnership
ModelOtherBilling cadenceAnnual
Notes

Business partners can contribute financially, provide expertise, or invest in developing countries. Corporate gifts available at 2500, 5000, 10000 NOK levels.

strommestiftelsen.no
4Act Now Exchange Program
ModelOtherBilling cadenceMulti-year contract
Notes

Youth exchange program (18-25 years) with study components at Hald Internasjonale Skole in Mandal, Norway, followed by practical placement in partner countries. Can earn study credits from NLA Høgskolen.

strommestiftelsen.no
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Core offering1 text field

Strømmestiftelsen is a Norwegian nonprofit foundation that combats poverty in 11 developing countries across Africa and Asia through education access and economic empowerment programs. Its core offerings include the Speed School accelerated learning program for out-of-school children, community-based savings and loan groups (CMMF), the Green Jobs plastic-recycling-to-school-desks initiative in Mali, child sponsorship (Hjertevenn), life-skills training (Samvad/Bonga), and the Act Now youth exchange program delivered with Hald Internasjonale Skole.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • 415,550 people supported in 2025, including 163,616 children and youth under 18
+4 more records
Product overview1 text field

Stromme Foundation is a Norwegian aid organization combating poverty through education and job creation in developing countries. The organization operates a portfolio of interconnected programs including Speed Schools (accelerated learning for out-of-school children), Savings and Loan Groups (microfinance for economic empowerment), the Green Jobs program (recycling plastic into school furniture), life skills training (Samvad), and child sponsorship (Hjertevenn). The organization also runs youth exchange programs (Act Now), publishes the S-Magasinet, and operates an online store. In 2025, Hei Verden merged into the organization to strengthen their educational initiatives.

Product and service7 records
1Speed School
CategoryEducation program
Description

Accelerated learning program (hurtigskoler) helping out-of-school children catch up on missed education and return to formal schooling. Implemented in Mali, Burkina Faso, Niger and other countries; research shows 9 out of 10 children return to school, with over one million children helped since inception.

2Green Jobs in Mali (Grønne jobber i Mali)
CategoryEconomic empowerment and environmental program
Description

Circular-economy program in Mali that collects plastic waste and transforms it into school desks for Speed Schools, creating income for women collectors and recycling cooperatives. Designed to produce approximately 4,000 desks per year and remove plastic from the environment.

3Savings and Loan Groups (CMMF / Spare- og lånegrupper)
CategoryEconomic empowerment program
Description

Community-based microfinance groups that enable women and families in extreme poverty to save money and access small loans for income-generating activities without requiring traditional collateral. Implemented across multiple program countries.

4Hjertevenn (Heart Friend Sponsorship)
CategoryChild sponsorship program
Description

Child sponsorship program supporting individual children through kindergartens and schools in some of the world's poorest countries, providing daily care, upbringing, and future prospects, including support for South Sudanese refugees in Uganda.

5Samvad Life Skills Training
CategoryChild protection and life-skills program
Description

Life-skills training curricula for youth, particularly girls, addressing discrimination, caste systems, alcohol abuse, child marriage, trafficking and exploitation. Delivered alongside Bonga in countries such as Nepal, Tanzania, and others.

6Act Now Youth Exchange Program
CategoryYouth development program
Description

Exchange program for Norwegian youth (18-25) combining study preparation at Hald Internasjonale Skole in Mandal, Norway, with practical placement in partner countries. Participants earn study credits from NLA Høgskolen.

7Online Store Symbolic Gifts (Nettbutikk)
CategoryFundraising and donor engagement
Description

Online store selling symbolic charitable gifts such as goats, school desks, solar lamps and coffee, typically priced in the 100-5,000 NOK range, representing development interventions funded by the purchaser.

Scale indicator11 records

Each record includes

Type, Value, Description, Source

Partnership6 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-04-23
Description

ABLF contributes 750,000 NOK over three years to a program in Burkina Faso implemented by Strømmestiftelsen. This continues ABLF's engagement in the country.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-12-20
Description

Hei Verden merged into Strømmestiftelsen from 2025. The combined school initiative is now called Hei Verden. Five employees joined through this merger, strengthening the organization's education focus.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2024-02-06
Description

Partnership for development projects in Rajshahi, Bangladesh. Collaboration agreement signed to support projects in this region.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Returkraft provides expertise and systems for plastic collection and recycling in Mali's green jobs project. The partnership transforms plastic waste into school desks while creating jobs for women.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Hald International School in Mandal operates the Act Now exchange program for youth (18-25 years). Students receive study preparation before going abroad for practical placement. NLA Høgskolen provides study credits.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Provides academic credits for the Act Now exchange program operated by Strømmestiftelsen and Hald Internasjonale Skole.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeEmerging player
Description

Norwegian arm of Right To Play, focused on children's education and life-skills through play-based learning. Comparable on life-skills (Samvad-equivalent) and youth-focused education for marginalized populations.

TypeDirect peer
Description

Norwegian NGO focused on children's rights, education, and girls' empowerment in developing countries. Overlaps with Strømmestiftelsen on child sponsorship, education access, and gender-targeted programs, with a comparable Norwegian donor base.

3Norsk Flyktningehjelp (Norwegian Refugee Council)
TypeDirect peer
Description

One of Norway's largest aid organizations, delivering education, protection, and livelihoods in displacement and conflict-affected countries. Closely comparable on refugee/displaced populations (e.g., South Sudanese refugees in Uganda) and large Norad grant funding.

TypeBroad incumbent
Description

Norwegian national committee of UNICEF, with much broader global mandate and significantly larger funding base. Sits in the same donor-paid development space and pursues education and child protection outcomes, but with a far larger portfolio and brand.

TypeOthers
Description

Norwegian NGO of volunteer engineers who contributed pro-bono technical expertise to Strømmestiftelsen's Green Jobs plastic-recycling project in Mali. Adjacent — engineering partner rather than a programmatic competitor.

TypeDirect peer
Description

One of Norway's largest ecumenical aid organizations, focused on climate, education, and economic empowerment in fragile states. Comparable on Norad framework funding, women's savings groups, and Asia/Africa footprint.

TypeDirect peer
Description

Norwegian Catholic aid organization focused on poverty alleviation, humanitarian response, and international development. Comparable in Norad-funded community development, savings groups, and education programming in Africa and Asia.

TypeDirect peer
Description

Norwegian NGO supporting vulnerable children through family-based care, education, and youth programs. Comparable in child sponsorship (Hjertevenn equivalent), education access, and life-skills programming for at-risk youth.

TypeDirect peer
Description

Norwegian affiliate of Save the Children, also among the top-10 Norwegian aid organizations. Directly comparable in education-for-out-of-school-children, child protection, and Norad-funded development work across similar fragile contexts.

TypeDirect peer
Description

Norwegian arm of CARE International, delivering women's economic empowerment, savings groups, and education in developing countries. Strong overlap with Strømmestiftelsen's savings-and-loan groups and women's empowerment work in Africa and Asia.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers6 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration4 records

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance4 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Stromme Foundation (Norwegian: Strmmestiftelsen)

International Development and Poverty Alleviation Servicesstrommestiftelsen.no

Strømmestiftelsen is a Norwegian nonprofit foundation established in 1975 that combats poverty through education and job creation programs across 11 developing countries, serving over 415,000 people annually.

What Stromme Foundation (Norwegian: Strmmestiftelsen) does

Strømmestiftelsen (Stromme Foundation) is a Norwegian nonprofit foundation established in 1975 and headquartered in Kristiansand, Norway. The foundation's mission is poverty alleviation in developing countries, delivered through education programs and job creation initiatives. It operates across 11 developing countries, reaching approximately 415,550 people in 2025, including 163,616 children and youth under 18. Its programmatic portfolio includes Speed School (accelerated learning for out-of-school children), Green Jobs (converting plastic waste into school desks), Savings and Loan Groups, Samvad, Bonga, and the Act Now exchange program.

The foundation's business model is grant-driven rather than commercial. Revenue is sourced primarily from the Norwegian Agency for Development Cooperation (Norad), institutional donors, and public fundraising channels. The 565 million NOK framework grant from Norad for 2024-2029 represents the largest government grant in the foundation's history, anchoring the operating budget. The award of NRK TV-aksjonen 2027 provides an additional large one-time public fundraising window. In 2025, Hei Verden was merged into Strømmestiftelsen, broadening organizational capacity. The foundation is led by CEO Erik Lunde, who has held the role since August 2021.

There are no disclosed technology, software, or platform products; the foundation delivers programs through partner networks, community structures, and on-the-ground staff rather than through proprietary technology. Pricing is not applicable in the commercial sense, as beneficiary access is subsidized through donor funding rather than fees.

Stromme Foundation (Norwegian: Strmmestiftelsen) firmographics

Firmographics
Name
Stromme Foundation (Norwegian: Strmmestiftelsen)
Legal name
Strømmestiftelsen
Website
https://strommestiftelsen.no
Company type
Private
Founded year
1975
Operating status
Operating
Short description
Strømmestiftelsen is a Norwegian nonprofit foundation established in 1975 that combats poverty through education and job creation programs across 11 developing countries, serving over 415,000 people annually.
Ownership category
akta.pro rank

Stromme Foundation (Norwegian: Strmmestiftelsen) industry classification

Industry
Product category
International Development and Poverty Alleviation Services
NAICS
Grantmaking and Giving Services (81321), Child and Youth Services (62411), Educational Services (611), Community Food Services (624210)
SIC
Services-Social Services (8300), Services-Educational Services (8200)
akta.pro primary industry
Education Access & Quality (International Development) (BPAGABAE)
akta.pro secondary industries
International Development & Donor-Funded Education Programs (EDADALAB), Child Protection & Child Rights (BPAGABAG), Refugee, Crisis & Humanitarian Education Partnerships (EiE) (EDADALAG), Nutrition & Food Security (Global Health) NGOs (HLAJAKAH)

Keywords

  • Poverty alleviation programs
  • International development aid
  • Education access initiatives
  • Economic empowerment programs
  • Humanitarian assistance services

Where Stromme Foundation (Norwegian: Strmmestiftelsen) is headquartered

Location

Headquarters

HQ city
Kristiansand
HQ country
Norway
HQ region
Europe

Offices12 records

Markets served

Stromme Foundation (Norwegian: Strmmestiftelsen) business model

Business model
GTM type
B2B and B2C
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

  1. Individual Donations: The organization receives donations from individual supporters including regular monthly giving (fast giver), one-time gifts, and campaign-based contributions. Tax deductions are available for Norwegian donors.
  2. Norad Government Grants: Norad (Norwegian Agency for Development Cooperation) provides substantial government funding. In 2024, Strømmestiftelsen received 565 million NOK for poverty alleviation work in Asia and Africa over five years (2024-2029).
  3. Corporate Partnerships: Partnerships with businesses for project funding, skills-based volunteering, and cause marketing. The organization has a business partner program.
  4. Testamentary Gifts: Bequests and testamentary gifts from donors. In 2021, the organization received 3,870,593 NOK in testamentary gifts. In 2020, they received 3,011,287 NOK in testamentary gifts.
  5. Merchandise Sales: Online store selling symbolic gifts (goats, school desks, solar lamps, coffee) that represent development interventions. Prices range from approximately 100-5000 NOK.

Pricing tiers

ModelBillingPrice
SubscriptionMonthlyMonthly giving (Fast giver) - Regular donor program
One time/ perpetual licensePay-as-you-goOne-time gifts via online store
OtherAnnualCorporate partnership
OtherMulti-year contractAct Now Exchange Program

Go-to-market motion2 records

Distribution channels5 records

Marketing channels9 records

Stromme Foundation (Norwegian: Strmmestiftelsen) product offering

Product offering

Core offering

Strømmestiftelsen is a Norwegian nonprofit foundation that combats poverty in 11 developing countries across Africa and Asia through education access and economic empowerment programs. Its core offerings include the Speed School accelerated learning program for out-of-school children, community-based savings and loan groups (CMMF), the Green Jobs plastic-recycling-to-school-desks initiative in Mali, child sponsorship (Hjertevenn), life-skills training (Samvad/Bonga), and the Act Now youth exchange program delivered with Hald Internasjonale Skole.

Product overview

Stromme Foundation is a Norwegian aid organization combating poverty through education and job creation in developing countries. The organization operates a portfolio of interconnected programs including Speed Schools (accelerated learning for out-of-school children), Savings and Loan Groups (microfinance for economic empowerment), the Green Jobs program (recycling plastic into school furniture), life skills training (Samvad), and child sponsorship (Hjertevenn). The organization also runs youth exchange programs (Act Now), publishes the S-Magasinet, and operates an online store. In 2025, Hei Verden merged into the organization to strengthen their educational initiatives.

Differentiator

Problem solved

Functional benefit

Products and services

  • Speed School Accelerated learning program (hurtigskoler) helping out-of-school children catch up on missed education and return to formal schooling. Implemented in Mali, Burkina Faso, Niger and other countries; research shows 9 out of 10 children return to school, with over one million children helped since inception.
  • Green Jobs in Mali (Grønne jobber i Mali) Circular-economy program in Mali that collects plastic waste and transforms it into school desks for Speed Schools, creating income for women collectors and recycling cooperatives. Designed to produce approximately 4,000 desks per year and remove plastic from the environment.
  • Savings and Loan Groups (CMMF / Spare- og lånegrupper) Community-based microfinance groups that enable women and families in extreme poverty to save money and access small loans for income-generating activities without requiring traditional collateral. Implemented across multiple program countries.
  • Hjertevenn (Heart Friend Sponsorship) Child sponsorship program supporting individual children through kindergartens and schools in some of the world's poorest countries, providing daily care, upbringing, and future prospects, including support for South Sudanese refugees in Uganda.
  • Samvad Life Skills Training Life-skills training curricula for youth, particularly girls, addressing discrimination, caste systems, alcohol abuse, child marriage, trafficking and exploitation. Delivered alongside Bonga in countries such as Nepal, Tanzania, and others.
  • Act Now Youth Exchange Program Exchange program for Norwegian youth (18-25) combining study preparation at Hald Internasjonale Skole in Mandal, Norway, with practical placement in partner countries. Participants earn study credits from NLA Høgskolen.
  • Online Store Symbolic Gifts (Nettbutikk) Online store selling symbolic charitable gifts such as goats, school desks, solar lamps and coffee, typically priced in the 100-5,000 NOK range, representing development interventions funded by the purchaser.

Quantifiable outcome

  • 415,550 people supported in 2025, including 163,616 children and youth under 18
  • +4 more outcomes

Companies that use Stromme Foundation (Norwegian: Strmmestiftelsen)

Customer profile

Named customers6 records

Segments6 records

Ideal customer profiles2 records

Stromme Foundation (Norwegian: Strmmestiftelsen) technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Stromme Foundation (Norwegian: Strmmestiftelsen) partnerships and signals

Strategic signal

Partnerships

Six partnerships are on record, tiered core and minor.

  • A Better Life Foundation (ABLF)coreStrategic or Co-development Partner · 23 April 2026ABLF contributes 750,000 NOK over three years to a program in Burkina Faso implemented by Strømmestiftelsen. This continues ABLF's engagement in the country.
  • Hei VerdencoreStrategic or Co-development Partner · 20 December 2024Hei Verden merged into Strømmestiftelsen from 2025. The combined school initiative is now called Hei Verden. Five employees joined through this merger, strengthening the organization's education focus.
  • Kristiansand MunicipalityminorStrategic or Co-development Partner · 6 February 2024Partnership for development projects in Rajshahi, Bangladesh. Collaboration agreement signed to support projects in this region.
  • ReturkraftcoreStrategic or Co-development PartnerReturkraft provides expertise and systems for plastic collection and recycling in Mali's green jobs project. The partnership transforms plastic waste into school desks while creating jobs for women.
  • Hald Internasjonale SkolecoreStrategic or Co-development PartnerHald International School in Mandal operates the Act Now exchange program for youth (18-25 years). Students receive study preparation before going abroad for practical placement. NLA Høgskolen provides study credits.
  • NLA HøgskolenminorStrategic or Co-development PartnerProvides academic credits for the Act Now exchange program operated by Strømmestiftelsen and Hald Internasjonale Skole.

Scale indicators11 records

Recent moves7 records

Expansion highlights5 records

Stromme Foundation (Norwegian: Strmmestiftelsen) competitors and assessment

Company assessment

Emerging players

  • Right To Play Norge: Norwegian arm of Right To Play, focused on children's education and life-skills through play-based learning. Comparable on life-skills (Samvad-equivalent) and youth-focused education for marginalized populations.

Direct peers

  • Plan International Norge: Norwegian NGO focused on children's rights, education, and girls' empowerment in developing countries. Overlaps with Strømmestiftelsen on child sponsorship, education access, and gender-targeted programs, with a comparable Norwegian donor base.
  • Norsk Flyktningehjelp (Norwegian Refugee Council): One of Norway's largest aid organizations, delivering education, protection, and livelihoods in displacement and conflict-affected countries. Closely comparable on refugee/displaced populations (e.g., South Sudanese refugees in Uganda) and large Norad grant funding.
  • Kirkens Nødhjelp (Norwegian Church Aid): One of Norway's largest ecumenical aid organizations, focused on climate, education, and economic empowerment in fragile states. Comparable on Norad framework funding, women's savings groups, and Asia/Africa footprint.
  • Caritas Norge: Norwegian Catholic aid organization focused on poverty alleviation, humanitarian response, and international development. Comparable in Norad-funded community development, savings groups, and education programming in Africa and Asia.
  • SOS-barnebyer Norge (SOS Children's Villages Norway): Norwegian NGO supporting vulnerable children through family-based care, education, and youth programs. Comparable in child sponsorship (Hjertevenn equivalent), education access, and life-skills programming for at-risk youth.
  • Redd Barna (Save the Children Norway): Norwegian affiliate of Save the Children, also among the top-10 Norwegian aid organizations. Directly comparable in education-for-out-of-school-children, child protection, and Norad-funded development work across similar fragile contexts.
  • CARE Norge: Norwegian arm of CARE International, delivering women's economic empowerment, savings groups, and education in developing countries. Strong overlap with Strømmestiftelsen's savings-and-loan groups and women's empowerment work in Africa and Asia.

Broad incumbents

  • UNICEF Norge: Norwegian national committee of UNICEF, with much broader global mandate and significantly larger funding base. Sits in the same donor-paid development space and pursues education and child protection outcomes, but with a far larger portfolio and brand.

Others

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Stromme Foundation (Norwegian: Strmmestiftelsen) social profiles

Digital presence

Stromme Foundation (Norwegian: Strmmestiftelsen) compliance and trust

Trust signal

Compliance4 records

Stromme Foundation (Norwegian: Strmmestiftelsen) financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Stromme Foundation (Norwegian: Strmmestiftelsen) leadership team

Management profile

Number of profiles

Profiles5 records

Stromme Foundation (Norwegian: Strmmestiftelsen) subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Stromme Foundation (Norwegian: Strmmestiftelsen) funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Stromme Foundation (Norwegian: Strmmestiftelsen) M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Stromme Foundation (Norwegian: Strmmestiftelsen)

What does Stromme Foundation (Norwegian: Strmmestiftelsen) do?

Strømmestiftelsen is a Norwegian nonprofit foundation that combats poverty in 11 developing countries across Africa and Asia through education access and economic empowerment programs. Its core offerings include the Speed School accelerated learning program for out-of-school children, community-based savings and loan groups (CMMF), the Green Jobs plastic-recycling-to-school-desks initiative in Mali, child sponsorship (Hjertevenn), life-skills training (Samvad/Bonga), and the Act Now youth exchange program delivered with Hald Internasjonale Skole.

Is Stromme Foundation (Norwegian: Strmmestiftelsen) a public or private company?

Stromme Foundation (Norwegian: Strmmestiftelsen) is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was Stromme Foundation (Norwegian: Strmmestiftelsen) founded?

Stromme Foundation (Norwegian: Strmmestiftelsen) was founded in 1975.

Where is Stromme Foundation (Norwegian: Strmmestiftelsen) based?

Stromme Foundation (Norwegian: Strmmestiftelsen) is headquartered in Kristiansand, Norway, in the Europe region.

How does Stromme Foundation (Norwegian: Strmmestiftelsen) make money?

Five revenue lines are on record. Individual Donations are the primary driver. The others are norad Government Grants, corporate Partnerships, testamentary Gifts and merchandise Sales.

Who are Stromme Foundation (Norwegian: Strmmestiftelsen)'s main competitors?

Right To Play Norge is listed as an emerging player. Direct peers are Plan International Norge, Norsk Flyktningehjelp (Norwegian Refugee Council), Kirkens Nødhjelp (Norwegian Church Aid), Caritas Norge, SOS-barnebyer Norge (SOS Children's Villages Norway), Redd Barna (Save the Children Norway) and CARE Norge. UNICEF Norge is listed as a broad incumbent. Ingeniører Uten Grenser (Engineers Without Borders Norway) is listed as an others.

Does Stromme Foundation (Norwegian: Strmmestiftelsen) have an API?

No public API is recorded for Stromme Foundation (Norwegian: Strmmestiftelsen).

What industry is Stromme Foundation (Norwegian: Strmmestiftelsen) in?

Stromme Foundation (Norwegian: Strmmestiftelsen)'s product category is International Development and Poverty Alleviation Services. Its primary akta.pro industry code is BPAGABAE, Education Access & Quality (International Development), with a secondary code of EDADALAB, International Development & Donor-Funded Education Programs. Its NAICS code is 81321 and its SIC code is 8300.

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