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ANNUAL REPORT 2014
The affluent part of the world has built its richeson an ability to develop superior technical and ITsystem in all aspects of our daily life.
The development of automation and pro -duction with robots are moving rapidly forward.There has been made some scary comments,describing the world in 30 to 50 years time wherepractically everything today performed by human
hand or mind, can be done better by robots andother super-technical installations. This develop-ment has already reached a stage where manytypes of production outsourced to countries likeChina, India, Bangladesh only relatively few yearsago, are now redirected back home to their origi-nal production area where cost due to automationetc. has again become competitive.
From the secretary
Per Grieg sr
“ Let us try tosave the worldone child at atime ”
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Comments are also now being made describ-ing a near future, i.e. 20–30 years down the road,where 20 million human working places in USAalone will be erased due to automation androbot competition.
All this is happening during a period wherethere is another revolution going on: Hundredsof millions of people around the world, today liv-ing under poverty limit, will be raised to a moredignified life with proper nutrition and access toat least a basic education.
In Africa the average family produces morechildren than in Europe and America. This willchange in the next 10–20 years as many of thetraditional killer illnesses in Africa will be con-trolled parallel with reduced hunger andincreased education. In Europe, the 70 years ofpeace and constructive development have leadto high productivity, high living standard and a
negative birth rate. Such a scenario could easilylead to a serious redistribution of people acrosscontinents, and create new demographic situa-tions.
The above deliberations are meant to remindus that in this extremely interesting and fast-moving world of ours, challenges are and will beabundant.
For us as a small player on the internationalscene, we must only try as best we can to positionour means in projects which we at any time feelhelpful under the prevailing conditions. It is easyto be despondent as things get complicated.Then there is a lot of comfort in the saying: “Let us try to save the world one child at thetime”.
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SOS Children’s Villages Helping vulnerable children by providing a loving family-home, so that they can flourish and reachtheir full potential.
For more than 60 years SOS Children’s Villages have worked with partners in SOS com muni ties to helpfamilies who are struggeling to care for their children or to provide alternative care when there is noother option. SOS Children’s Villages is present in 134 countries and territories around the world.
Vision: Every child belongs to a family Every child grows with love, respect and security
Mission: We build families for children in need We help them shape their own future We share in the development of their communities
Values: Courage: We take action Commitment: We keep our promises Trust: We believe in each other Accountability: We are reliable partners
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“Through Grieg’s collaboration withSOS Children’s Villages Norway, wehelp build families for children inneed. We help children shaping theirown future and we take active partin the development of the SOSchildren’s communities.”
The Grieg Gender ChallengeCreating possibilities
The Grieg Gender Challenge Program makes invest ments to achievethree main outcomes:
• Strengthen girls’ access to and benefits from education.
• Increase women and girls capability to realize their rights, determinetheir life outcomes, and influence decision-making in households,communities and societies.
• Limit the reproduction of gender inequality across generations.
Achievements in 2014:
• The implementation processes are speeded up in all six program countries.
• The Grieg Gender Challenge Program is advocating for girls right to education and providesthem skills training and job opportunities.
• In order to limit the risk of girls dropping out of school, SOS has worked with schools to buildadequate sanitation facilities and with a variety of organizations to provide young women withsanitary pads so that they don't stop attending school while menstruating.
• The Grieg Gender Challenge Program has been noted by the international organization andNorad as an important model for improving the organization’s ability to address key genderissues and track progress in doing so.
• The capacity of staff, training materials, frameworks and tools developed, together with lessons learned, will be of significant value when implementation of the Gender Equality Policy for 134 SOS member countries starts in 2015.
The Grieg Gender
Challenge has been
implemented in six
African countries
from 2012
• Uganda
• Tanzania
• Zambia
• Zimbabwe
• Malawi
Contribution
NOK 8 millTotal over 3 years
NOK 24 mill
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MAIN CONTRIBUTION
“Our goal is to create equalopportunities for girls, boys,women and men, byreducing the gender barrierspeople over the world faceevery day.”
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Pestalozzi International Trust, England“Our mission is to make a real and lasting difference by applying the Pestalozzi principles ofeducating the Head, Heart and Hands.”
• Pestalozzi awards scholarships to exceptional 16–19 year olds whoare academically gifted, but with limited educational prospects intheir home countries.
• The young people have all demonstrated their commitment tomaking a difference in their communities.
• Currently selecting students from nine countries: Belize, Bhutan, India, Indonesia, Nepal, Uganda, Zambia, Zimbabweand Tibetan communities in exile.
Contribution
NOK 2,5 millTotal over the years 2008–2014:
NOK 22,8 mill
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EDUCATION, CHILDREN AND YOUTH
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Norwegian Church Aid –Working to prevent hijackingsNorwegian Church Aid, cooperates with the Norwegian Shipowners’ Associationand the Norwegian War Risk Insurance for Ships to prevent an increasing numberof people from engaging in pirate activity at sea.
• Norwegian Church Aid’s center for ex-piracy rehabilitation in Puntlandon the coast of Somalia opened in May 2010.
• The pilot project includes counter piracy and vocational rehabilitationof former pirates, and also public education in which local religiousleaders are key actors.
• The target group is fifty thousand young people along the coast inthe Puntland region and also around one thousand youths who havestopped engaging in pirate activities.
• One of the key factors to a successful outcome is a local and national owner-ship; former pirates, women’s groups, religious leaders and the authorities of Puntland.
Contribution
Total over 3 years 2014–2016:
NOK900.000
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EDUCATION, CHILDREN AND YOUTH
NRC – Norwegian Refugee CouncilWorks to protect the rights of displaced and vulnerable persons during crisis. Providing programmesof assistance to meet immediate humanitarian needs, prevent further displacement and contributeto durable solutions.
NRC has provided a broad range of education programs in order to meetdifferent needs. They run Youth Educational Programs in the largest refugeecamp for Syrian Refugees in Jordan. The programs provide basic reading andwriting courses, language and voca tional training, training of teachers and noncurricular activities.
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Foto
: Fly
ktni
nghj
elpe
n/Ch
rist
ian
Jeps
en
Contribution
NOK 300.000
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Contribution
NOK 1 mill
Haukeland University Hospital –Cancer treatment projectThe method Cryo-Immunotherapy is taken in use and aim to freeze out prostacancer cells with the freeze machine now in place at Haukeland UniversityHospital.
Just after 2nd World War, Haakon Ragde, Odda, emigrated to USA. Now, nearly70 years later, the University Hospital in Bergen is testing the prostate cancertreatment he developed, Cryocare.
RESEARCH AND MEDICAL PROJECTS
Foto: Eirik Brekke, BT
Establishment of the first UNESCO Biosphere area in NorwayThe “Man and the Biosphere” (MAB) is UNESCO’s globalprogram for an overall sustainable development.
Due to the great global environmental challenges, MAB is con -sider ed just as important as the World Heritage programme. Tenmunicipalities in Nordhordland co operate with University ofBergen to establish a bios phere area stretching from the Troll oilfield on the con tinental shelf, through the coast- and fiord land - scape to the top of the alpine area of the mountains of Støls - heimen and down to the Sognefjord.
The pre quali fication application have re -ceived positive votes from the ten mun i -cipality boards. If the further process issuc cessful, the Nordhordland Biospherearea can open in 2018/19.
Biosphere means all life onmother earth – in the sea, onland and in the atmos phere.The work demands close co -operation between the stake -holders of the local society,research orga ni sa tions,manage ment authorities andthe private sector. MAB isorganised as a global net workof areas of out standingqualities to test new ways tocreate a sus tainable develop -ment. Glo bally there are 631Biosphere areas in 119countries whereof 7 in theNordic countries.
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Contribution
NOK 300.000
RESEARCH AND MEDICAL PROJECTS
Tingvoll EcoparkA discovery and adventure center that will stimulate a sustainable society.
Tingvoll Ecopark will be an exciting and distinctive national knowledge andexperience center that will offer experiences that stimulate a sustainablesociety. The Center will open in 2016, being based on the principle “learning bydoing”, and will focus on organic farming, quality of food and health, animalwelfare, wildlife and sun- and bioenergy.
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Contribution
NOK 200.000
EDUCATION, CHILDREN AND YOUTH
During 2014 Grieg Foundation contributed a total of NOK 3.5 mill to the following projects in thefield of medicine and research, both national and international.
Alden Cancer Therapy/Cryocare Cancer project Haukeland University Hospital
NOK 1 million
Help MoldovaEye surgery Moldova
NOK 300.000
The Ethiopia FundFistula pregnancies young mothers/midwife education
NOK 500.000
Haukeland University HospitalMusic therapy and the “Clowns”
NOK 333.000
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RESEARCH AND MEDICAL PROJECTS
Cornelia StiftelsenYoungsters with cancer,“youth room” at Haukeland University
NOK 300.000
Karolinska Hospital, SwedenPancreas research/symposiumÅke Andren Sandberg
NOK 250.000
Heart & Lung OrganizationWomen go red campaign
NOK 100.000
Right to SightEye surgery Africa
NOK 500.000
University of Bergen/BjordalSeminar laser operations
NOK 100.000
Akuttmedisinsk Seminar – students
NOK 25.000
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RESEARCH AND MEDICAL PROJECTS
CULTURE
“BEFFEN” – driven on electricity again After more than hundred years, the charming ferry has been part of thesoul of Bergen, bringing locals and tourists across the Vågen harbor.
The name has its origin from Bergen Electrical Ferry company, starting in 1984with eight battery driven ferries. After running on diesel formany years, Beffen is finally back on electricity again.
“Statsraad Lehmkuhl” and the Tall Ships Races “Hundred years with wind in the sails”
From being the flag- and school ship in Germany (1914), bougth to Bergen in 1921, the “Statsraaden” has become a floating icon, and the queen of Vågen. 2014 was celebrated both with 100 years of age, and the famous Tall Ships Races in Bergen. “Statsraaden” sails the North Atlantic Ocean every autumn, manned with youth, and under leader ship of truly excellent sailors.
The event Tall Ships Races was hosted by the city of Bergen for the fourth time in 2014, being a lively four-day-celebration with beautiful sailing ships, naming ceremony, shanties, marketplace, crew parade, singing cadets from the masts, maritime village, sail parade and more.
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Contribution
NOK 100.000
Contribution
NOK 250.000to the vessel and
NOK 100.000to Tall Ships Races
Total over the years: 2003/2014:
NOK 2 mill
Det Gamle Rekkjetunet anno 1599Rekkjetunet passed 415 years in 2014 and has received the distinction«Olavsrosa» for its cultural heritage qualities.
It is one of the most valued and well preserved yards in Norway, automaticallyworthy of preservation with method of construction from 1100.
Fjelberg PrestegardRestoration of roof
Fjelberg Prestagard is one of thefinest and well pre served oldparsonages in Norway, and becamea heritage building in 1992.
A place for work and inspiration for authors, researchers,
musicians and artists. Locality for cultural, church-related and
social events.
Contribution
NOK 180.000in connectionwith the Celebration
Contribution
NOK 150.000
Copy
righ
t /
Foto
: Sve
in N
ord
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CULTURE
Bergen National Opera (BNO)”The Golden Cockerel”
The brilliant Russian composer Rimsky-Korsakov (1844–1908) wrote his lastopera as a fairy tale, but the authorities in his homeland were not fooled: Behindthe opera’s seductive surface of sensual music and exotic stories lies a story ofbiting criticism of the Tsar and his efforts in the Russian-Japanese war.
Performed with great success in Grieghallen in 2014 by Bergen National Operain cooperation with Edvard Grieg Choir and Bergen Philharmonic Orchestra.
Foto
: Mag
nus
Skre
de
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Contribution
NOK 500.000
CULTURE
Oseana Art & Cultural Centre, OsHas since the opening in 2011 been a popular meeting point for the local community, and has becomea well reputed venue for artists from a wide range of genres.
In 2014 focus has been on school and youth projects with pictorial art as a theme.A new special lecture series has been established and developed further.
An art curator is engaged for a 3-year period in order to develop and createnew exhibitions. It is now also free entrance for the public in the Art Gallery(Grieg Collection).
Contribution over 3 years:
NOK 1,8 mill
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CULTURE
The Foundation derives its main income from its 25 % ownership of the Grieg Group.
The total income from dividend and interests was NOK 25,6 mill.
The main focus in the Foundation’s contribution relates to support and education of children and young people on a global basis.
The Foundation also supports musical art, other cultural activities,medical research, environmental, and community projects.
We follow our main projects closely.
Report for 2014 from the Board of Trustees
THE GRIEG FOUNDATION
For the support and education of children & youth 13 095 45
For the support of musical art 3 935 14
For the support of other cultural projects 1 755 6
For the support of medical research and projects 3 655 13
For the support of other projects for the benefit of society 6 390 22
Total 28 830 100
MNOK %During 2014, the Foundation distributed NOK 28,8 mill. as follows:
“We want to make a difference
”
Since the start in 2002, the Grieg Foundations total contibution is: NOK 453 million.
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BOARD OF TRUSTEES REPORT
The Foundation operates no business activity and all its funds are used to the benefit ofthe society in accordance with the Statutes of the Foundation.
The activity of the Foundation does not pollute the environment. There has not beenany absence due to illness or accident. The conditions for continued operations arepresent.
The Foundation is subject to and regulated by the Norwegian Foundations Act and issupervised by the Norwegian Foundations Inspectorate.
It is the Board’s intention to maintain the same level of contributions in 2015 as for 2014.
We wish to sincerely thank all employees of the GRIEG GROUP. It is their hard work over the years that makes it possible for the Foundation to continue and develop its charitable activities.
Bergen, 25th March 2015
Per HagelienChair
Elisabeth Grieg Per Grieg sr.
Gordon Parham Elna-Kathrine Grieg
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(Figures in NOK) 2014 2013 Note ASSETS Fixed Assets: Art Investments 18 184 377 17 320 577
Shareholdings 1 355 598 500 1 338 098 500
Total Fixed Assets 1 373 782 877 1 355 419 077 1
Current Assets: Receivables 14 471
Cash and bank deposits 89 427 088 112 414 184
Total Current Assets 89 427 088 112 428 655
Total assets 1 463 209 965 1 467 847 732
EQUITY Basic capital 1 243 980 1 243 980
Equity-capital 1 461 943 556 1 466 581 552
Total equity 1 463 187 536 1 467 825 532 2
CURRENT LIABILITIES Other short-term liabilities 9 321 11 917
Public debt 13 108 10 283
Total liabilities 22 429 22 200
Total equity and liabilities 1 463 209 965 1 467 847 732
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BALANCE SHEET AS OF 31.12
(Figures in NOK) 2014 2013 Note Income: Dividends 22 500 000 15 000 000 3
Share premium etc.
Interest income 3 129 520 3 510 020
Total income 25 629 520 18 510 020
Distributions 28 833 499 32 153 471
Other operating expenses 1 434 017 1 578 903 4
Total expenses 1 434 017 1 578 903
Result – 4 637 996 – 15 222 354
Allocations:
Carrying forward from/to other equity – 4 637 996 – 15 222 354
Totals – 4 637 996 – 15 222 354
Bergen, 25th March 2015
Per HagelienChair
Elisabeth Grieg Per Grieg sr.
Gordon Parham Elna-Kathrine Grieg
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INCOME STATEMENT 01.01 – 31.12
Note 1Shareholdings Cost 01.01.14 1 338 098 500
Access 17 500 000
Disposal 0
Shares 31.12.14 1 355 598 500
Art investmentCost 01.01.14 17 320 577
Access this year 863 800
Cost 31.12.14 18 184 377
Total fixed Assets 1 373 782 877
Note 2Equity 01.01.14 1 467 825 532Result 2014 (4 637 996)
Equity 31.12.14 1 463 187 536
Note 3Dividend Grieg Maturitas II AS 22 500 000
Total dividends 22 500 000
Note 4Expenses Payroll/Board member fees 359 148
Accounting/Auditors fee 30 000
Administrative costs 797 873
Other expenses 246 996
Total expenses 1 434 017
Note 5Employees Three persons have been working part-time for
the Grieg Foundation during 2014.
No Board-members or staff are among the
debitors of the Foundation.
Note 6Fees for board and auditor In total there are expensed NOK 210.000 as
board members fees.
Board-members from the Grieg family abstain
from fees.
Paid auditor's fees NOK 30.000
Note 7TaxesAccording to Norwegian Tax act sec. 2-32
Charitable organisations has no tax liability.
The financial statements have been prepared in accordance with the Norwegian Accounting Act,
and generally accepted accounting principles, adapted to charitable foundations.
The company has not changed its accounting policy in 2014
The Books are audited by Bergen Revisjon AS, Os24
NOTES
The Grieg Foundation:
List of yearly Contributions: (Figures in NOK 1000)
Children and youth Music Other cultural Medical and Other benevolent Year projects projects projects research proj. projects Total
2002 1 229 3 750 910 625 390 6 904
2003 8 810 4 081 1 630 1 140 652 16 313
2004 6 205 4 673 1 573 561 1 142 14 154
2005 4 595 8 350 3 005 3 235 10 955 30 140
2006 12 979 4 755 3 123 5 180 11 935 37 972
2007 11 931 5 510 1 859 3 699 2 128 25 127
2008 13 320 3 725 1 605 8 855 8 465 35 970
2009 18 148 4 130 55 835 4 925 5 231 88 269
2010 22 828 3 700 11 890 6 362 5 244 50 024
2011 20 101 6 047 7 623 7 142 3 740 44 653
2012 25 266 3 745 3 050 4 831 5 310 42 202
2013 10 456 3 880 2 515 6 117 9 192 32 160
2014 13 095 3 935 1 755 3 655 6 390 28 830
Total 168 963 60 281 96 373 56 327 70 774 452 718
Percent 37 % 13 % 21 % 12 % 16 % 100 %
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YEARLY CONTRIBUTION 2002 – 2014
Figures in NOK 1000
SOS-projects, Grieg Gender . . . . . . . . . . . . . . . . . . . . . . . 8 000
Pestalozzi Scholarships . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 500
Oseana: Os Art & Culture Center . . . . . . . . . . . . . . . . . . . 692
BFO: Bergen Philharmonic Orchestra . . . . . . . . . . . . . . 500
Bergen Festivals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 000
Bergen Area Based Opera . . . . . . . . . . . . . . . . . . . . . . . . . 1 900
Krohnengen Brass Band . . . . . . . . . . . . . . . . . . . . . . . . . . . 200
Statsraad Lehmkuhl. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 250
Kolibri/CARF – Brasil . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 000
CARE Norway, Rwanda project. . . . . . . . . . . . . . . . . . . . . 500
Help Moldova, eye surgery. . . . . . . . . . . . . . . . . . . . . . . . . 300
Corneliastiftelsen. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 300
Barnevakten v/Merethe Moe. . . . . . . . . . . . . . . . . . . . . . . 50
CISV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50
STAO – Schoolbuilding Uganda. . . . . . . . . . . . . . . . . . . . 900
Mada Woodlands . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100
Kystsogevekene 2014 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50
Haukeland Hospital/Rieberfonds/GF . . . . . . . . . . . . . . . 330
Kirkens Bymisjon – Church Aid . . . . . . . . . . . . . . . . . . . . 150
Vestlandske Teatersenter, mini-midi-maxi . . . . . . . . . 150
Dissimilis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50
Flyktningehjelpen/Norw. Refugee . . . . . . . . . . . . . . . . . . 300
Figures in NOK 1000
The Etiopia Project, women . . . . . . . . . . . . . . . . . . . . . . . . 500
The Sahara Forest Project . . . . . . . . . . . . . . . . . . . . . . . . . 750
Bergen Tennis Arena . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 500
De Unges Orkesterforbund . . . . . . . . . . . . . . . . . . . . . . . . 50
Heart & Lung Organisation . . . . . . . . . . . . . . . . . . . . . . . . 100
Christiegården Dagsenter . . . . . . . . . . . . . . . . . . . . . . . . . . 100
VilVite/Maritime Forum . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
Uteseileren. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50
Harmoniens Venner . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
University of Bergen/Jan Bjordal . . . . . . . . . . . . . . . . . . . 100
University of Bergen/Haukeland Hospital . . . . . . . . . . 1 000
Fjelberg Prestagard . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150
Os Festival . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100
Årstad Menighet – new grand piano . . . . . . . . . . . . . . . 100
Kultur Vest. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 333
Norsk Maritimt Museum . . . . . . . . . . . . . . . . . . . . . . . . . . . 200
Bergen Kunsthall. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100
Osbanens Venner . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50
Bergen University, institute biology . . . . . . . . . . . . . . . . 300
Åke Andren-Sandberg, Karolinska . . . . . . . . . . . . . . . . . 250
Anette Waaler, USA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 300
Mozambique/West Norway . . . . . . . . . . . . . . . . . . . . . . . . 200
Grieg FoundationDistributions paid out during 2014
26
DISTRIBUTIONS PAID OUT IN 2014
Figures in NOK 1000
Det gamle Rekkjetun. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 180
”Beffen”, small boat passing Vågen. . . . . . . . . . . . . . . . . 100
Galleri Solbakkestova . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50
”Kom nærmere” . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50
Akuttmedisinsk forskning . . . . . . . . . . . . . . . . . . . . . . . . . . 25
Right To Sight, eye surgery . . . . . . . . . . . . . . . . . . . . . . . . 500
Norwegian Church Aid, anti pilot project . . . . . . . . . . . 300
Leadership Foundation . . . . . . . . . . . . . . . . . . . . . . . . . . . . 200
Sjøfartsfilm . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100
Fana Unge Musikkteater . . . . . . . . . . . . . . . . . . . . . . . . . . . 25
Figures in NOK 1000
Tingvoll Økopark. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 200
Ragnar Thorseth . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150
University of Bergen (Biomedicine) . . . . . . . . . . . . . . . . 150
Kirkens Bymisjon – TV campaign clean water. . . . . . 75
ISFIT, NTNU studentfestival Trondheim . . . . . . . . . . . 50
Sollerud Kindergarten, Oslo . . . . . . . . . . . . . . . . . . . . . . . . 25
Bergen Dansecenter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
Mercy Ships. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100
Total distributions 2014: 28.830
27
DISTRIBUTIONS PAID OUT IN 2014
Secretariat: Grieg-Gaarden.
PO Box 234 Sentrum,
NO-5804 Bergen, Norway
Grieg Foundation
Industrivegen 49
5210 Os, Norway
Enterprise no.: 984 589 468
Grie
g Gro
up R
esou
rces
/ G
rieg Med
ialog A.S.
griegfoundation.no
