Säätiövirasto

Säätiövirasto, meaning Foundation Registry in Finnish, is a central administrative authority responsible for the oversight and registration of foundations in Finland. Its primary role is to ensure that foundations operate in accordance with Finnish law and their own statutes. The registry maintains a public database of all registered foundations, providing essential information about their purpose, governance, and financial activities.

The Säätiövirasto handles the official registration of new foundations, as well as any amendments to their existing statutes. It also monitors the activities of foundations to ensure they are fulfilling their stated objectives and managing their assets responsibly. This oversight function is crucial for maintaining public trust and ensuring that foundation assets are used for their intended charitable or other purposes.

The authority's work involves processing applications, providing guidance to foundations, and taking necessary actions if a foundation is found to be in violation of regulations. Information maintained by the Säätiövirasto is accessible to the public, promoting transparency in the foundation sector. The registry plays a key role in the governance and accountability of the non-profit sector in Finland, supporting the vital work that foundations undertake across various fields.