Norwegian foundations are submitted to supervision and control by The Norwegian Foundation Authority.
In order to promote investment in foundations as a long-term ownership, and to achieve a better overview of foundations, Norway adopted legislation in 2001 requiring all foundations to register in a national register, The Norwegian Foundation Register (NB: this is a Norwegian web-site).
The basic element in the Authority’s work is to secure that the foundations are loyal to their purposes and to:
- operate and further develop a foundation register
- control to prevent and detect foundations being established illegal or otherwise violating statutes and the Foundations Act
- provide relevant information and guidance to foundations, the public and the government on this topic
Every other year a national foundation conference is held in Førde on topics that are relevant to both small and large foundations.