The House of Nobility’s funds
Anyone who belongs to a family introduced into the House of Nobility can seek funding from the House of Nobility’s funds.
Since the 1700s, the House of Nobility has had oversight of what are at present 331 foundations. Most recently, in 2009, a new foundation was added. Through testamentary dispositions, the founders have established the work of the foundations and management of dividends. Proceeds from the foundations go towards scholarships and financial assistance. About 2,000 people, most of them family members, access this benefit each year, in accordance with the testamentary dispositions.
The House of Nobility distributes foundation funds in the form of scholarships and financial assistance.
The next application period is from 1 July to 15 October 2024.
The purpose of the scholarships is primarily to support studies at the university level, while the financial assistance is mainly intended for elderly people in need.
Both scholarships and financial assistance from the funds are intended for members of families introduced into the House of Nobility.
There are a few exceptions, including direct descendants of the founder. Through the pension foundation Vadstena Adliga Jungfrustift, pensions are distributed every year to the one hundred oldest unmarried noblewomen registered with the foundation.
The funds vary significantly in terms of type, content and structure. The donation usually comes with a highly detailed account of how the money is to be used.
The House of Nobility manages distributions from the foundations for which our executive board is the trustee. The bulk of these foundations have their capital invested in securities. The investment council responsible for managing the securities includes two members of the executive board. In the five so-called domain foundations, the foundation capital consists primarily of agricultural and forestry properties.