Koneen säätiö

Information on Kone Foundation

Short history of Kone Foundation

Kone Foundation was founded in 1956 by Heikki H. Herlin and Pekka Herlin. The founders were simultaneously in charge of Kone Foundation and Kone Ltd., and hence there was a close relationship between the organizations.

Nowadays Kone Foundation is an independent and unaffiliated organization, the aim of which is to promote Finnish academic research, arts and culture.

From a modest start in the early years, Kone Foundation began to award grants for academic research, with a specific focus on the humanities, the social sciences and environmental sciences.

During the 2000s the Foundation has made an active effort to find new ways to support academic work, arts and culture. One outcome of this is Saari Residence for artists and researchers, founded by Kone Foundation in 2006.

Awarded grants

The amount of funding provided annually has increased steadily, as the following figures show:

1980   74 340 €
1985   172 964 €
1990   367 420 €
1995   530 742 €
2000   801 039 €
2005   2 407 500 €
2006   4 559 950 €
2007   5 090 839 €
2008   7 261 004 €
2009  7 111 940 €

The board of the foundation

Current Board of Kone Foundation:


Previous members of the Board:


Council of Finnish Foundations

Kone Foundation is a member of Council of Finnish Foundations,  a co-operation body for Finnish foundations.