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Stiftelsens

Stiftelsens is the possessive form of the Swedish noun stiftelse, meaning the foundation’s. In Swedish texts, this form is used to describe something that belongs to or is managed by a foundation, for example Stiftelsens ändamål (the foundation’s purpose) or Stiftelsens styrelse (the foundation’s board).

A stiftelse is a legally independent nonprofit entity established by a founding document or by will, with

Foundations in Sweden may pursue cultural, educational, scientific, charitable, or social aims. They can be created

The term Stiftelsens thus appears in legal and administrative contexts to denote property, decisions, or obligations

assets
dedicated
to
a
specific
purpose.
The
founder
transfers
assets
to
the
foundation,
and
the
governance
structure
is
designed
to
ensure
these
assets
are
used
in
accordance
with
the
stated
purpose.
Foundations
are
typically
managed
by
a
board
and
operate
independently
from
the
founder
or
related
private
interests.
Profits
or
financial
gains
are
not
intended
for
private
distribution;
any
surplus
is
reinvested
to
support
the
foundation’s
activities.
by
individuals,
families,
corporations,
or
public
institutions
and
may
be
private
or
publicly
supervised.
They
are
generally
subject
to
civil-law
rules,
accounting
requirements,
and,
in
many
cases,
oversight
by
authorities
to
ensure
proper
use
of
foundation
assets
and
adherence
to
its
mandate.
attributed
to
a
foundation.
It
is
not
the
name
of
a
single
organization,
but
a
grammatical
form
used
across
Swedish
texts
when
referring
to
a
foundation’s
possessions
or
responsibilities.