säätiöinä

Säätiöinä refers to the Finnish legal form of a foundation. A foundation is an independent legal entity established for a specific purpose, typically charitable, scientific, artistic, or otherwise of public benefit. Foundations are endowed with assets, which are managed to generate income and fulfill the foundation's objectives.

The establishment of a foundation in Finland requires a formal deed of foundation and registration with the Finnish Patent and Registration Office. The deed outlines the foundation's purpose, its initial assets, and the rules for its governance. Foundations are managed by a board of trustees, responsible for overseeing the foundation's operations and ensuring its assets are used in accordance with its stated purpose.

Foundations are often funded through donations, grants, or income generated from their investments. They are generally exempt from certain taxes, provided they operate in accordance with their public benefit mission. The activities of foundations can encompass a wide range of areas, including funding research, supporting education, promoting culture, or providing social welfare services. The concept of säätiöinä emphasizes a long-term commitment to a particular cause, with the foundation's assets intended to serve its purpose in perpetuity or for a defined, extended period.