Sparebankstiftinga Søre Sunnmøre

What Sparebankstiftinga Søre Sunnmøre does

Sparebankstiftinga Søre Sunnmøre is a Norwegian charitable foundation (stiftelse) headquartered at Kyrkjegata 13, 6100 Volda, Norway, operating under organization number 931 297 864. Founded in 2022, the foundation's function is to distribute grants (gåver) to qualifying organizations, institutions, and causes that benefit the public good within the Søre Sunnmøre region of Norway. It is structured as a private non-profit entity with 1–10 employees and no parent company or subsidiaries disclosed in the source data.

The foundation operates through two interconnected offerings: an online Application Portal (Søknadsportal) at soknadsportal.sparebankstiftingass.no, which enables applicants to submit and track grant requests on a self-serve basis, and a Grant Allocation Service (Tildelte gåver) that documents and publishes awarded funds. Grantmaking is conducted on a periodic application-round basis, with a documented spring 2025 round dated 15 March 2025. Communication with applicants and the public occurs primarily through the foundation's website, an FAQ page, and a general contact channel ([email protected], +47 906 70 890).

Because Sparebankstiftinga Søre Sunnmøre is a stiftelse rather than a commercial enterprise, it does not sell products or services and has no pricing model. Its distribution channel is essentially the application portal paired with regional eligibility. Operating status is reported as active, with the website and application portal currently maintained and no indication of closure, acquisition, or restructuring.

Name

Sparebankstiftinga Søre Sunnmøre

Legal name

Sparebankstiftinga Søre Sunnmøre

Website

https://sparebankstiftingass.no

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Sparebankstiftinga Søre Sunnmøre is a Norwegian charitable foundation based in Volda that distributes grants (gåver) to qualifying local organizations and causes within the Søre Sunnmøre region via periodic application rounds and an online application portal.

Ownership category

akta.pro rank

Product category

Charitable Foundation / Grant-Making

NAICS

Grantmaking Foundations (813211)

akta.pro primary industry

Grantmaking & Philanthropic Funds (Institutional Donors) (BPADAOAB)

Keywords

• Charitable foundation
• Grant distribution
• Community grants
• Philanthropic funding
• Regional foundation

Headquarters

HQ city

Volda

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Others

Distribution channels1 record

Core offering

Sparebankstiftinga Søre Sunnmøre is a regional savings bank foundation that distributes grants (gåver) to local organizations, institutions, and causes that benefit the public good in the Søre Sunnmøre region of Norway. It receives and reviews grant applications through an online application portal (Søknadsportal) and publishes the results of its periodic grant application rounds (Tildelte gåver).

Product overview

Sparebankstiftinga Søre Sunnmøre operates as a regional foundation that provides grant-giving services to the local community. The organization functions through two interconnected offerings: an Application Portal (Søknadsportal) enabling applicants to submit and manage grant requests, and a Grant Allocation Service that tracks and publishes awarded funds. The foundation operates on a periodic application round basis, with grant allocations announced on scheduled dates.

Differentiator

Problem solved

Functional benefit

Products and services

• Application Portal (Søknadsportal) Online portal enabling applicants from local organizations, institutions, and community causes in the Søre Sunnmøre region to submit and manage grant applications and track application status.
• Grant Allocation Service (Tildelte gåver) Service that documents and publishes information about grants awarded by the foundation, managed through periodic application rounds such as the 15 March 2025 grant round.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves4 records

Emerging players

• Stiftelsen Dam: Norwegian foundation (formerly Dam-midlene / Extrastiftelsen) that administers pooled lottery-funded grants to health and voluntary-sector organizations. Comparable in being a Norwegian grantmaking intermediary, though with a different funding source.

Regional players

• Stiftelsen Norsk Folkemuseum: Norwegian foundation stewarding cultural heritage assets, with some grantmaking elements. Comparable as a regional/Norwegian foundation entity but structurally different (operating plus grantmaking).

Direct peers

• Sparebankstiftinga Sogn og Fjordane: Closely analogous Norwegian savings bank foundation created from a regional savings bank demutualization. Operates the same sparebankstiftinga model — endowment-funded, locally-focused grantmaking — and was a partner entity in the original Søre Sunnmøre savings bank merger that created the subject foundation.
• Sparebankstiftinga SpareBank 1 Nord-Norge: Another Norwegian regional sparebankstiftinga holding equity in a savings bank and distributing grants to its home region. Functions as the most direct structural analogue to Sparebankstiftinga Søre Sunnmøre at a different geography.
• Stiftelsen Sparebank 1 Nordvest: Regional savings-bank-related foundation in northwestern Norway distributing grants to local causes. Structurally comparable to Sparebankstiftinga Søre Sunnmøre.
• Sparebankstiftinga Helgeland: Northern Norwegian sparebankstiftinga holding equity in Helgeland Sparebank and distributing grants regionally. Near-identical operating model to the subject foundation at a different geography.
• Sparebankstiftinga SR-Bank: Savings bank foundation tied to SpareBank 1 SR-Bank, distributing grants in Rogaland. Same sparebankstiftinga model, same endowment-from-savings-bank pattern, comparable governance and grantmaking process.

Broad incumbents

• Sparebankstiftelsen DNB: The largest Norwegian savings bank foundation, originating from the DNB savings bank conversion. Operates the same grantmaking-from-savings-bank model but at national scale and substantially larger asset base, making it a broad incumbent comparable in structure.
• Gjensidigestiftelsen: Large Norwegian foundation originating from the Gjensidige insurance demutualization. While insurance-derived rather than savings-bank-derived, it is the closest 'foundation created from a financial institution demutualization' analogue and a major Norwegian grantmaking peer.
• Kavlifondet: Norwegian grantmaking foundation with a diversified endowment and broad national grantmaking portfolio. A useful peer for operational benchmarking of a smaller regional foundation aspiring to scale.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat2 records

Key risks4 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/sparebankstiftinga

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Sparebankstiftinga Søre Sunnmøre