The foundation “Stiftelsen Kristian Gerhard Jebsen” was established 31 March 2009 in memory of shipowner Kristian Gerhard Jebsen and his life and work and as a continuation of his contribution to a positive development of society. The object of the foundation will be to contribute to the furtherance of academic education, research, the arts, health and social projects, and initiatives which further the development of society and the protection of the environment.
The assets of the foundation are based on a gift from the wife of Kristian Gerhard Jebsen, Aud Jebsen. In addition the foundation has received donations from the foundation, Kristian Gerhard Jebsen Foundation (KGJF), in 2011, 2012 and 2018 of totally USD 45 millions.
At the turn 2019/2020 the foundation’s capital was an estimated mNOK 1,078. Since the start the foundation has granted totally mNOK 594 to various projects.