Krista og Viggo Petersen Foundation

The Krista og Viggo Petersen Foundation (Danish: Krista og Viggo Petersens Fond), commonly known as KV Fonden, is a Danish commercial foundation (erhvervsdrivende fond) established on 1 March 1949 by the married couple Viggo Gotfred Petersen and Krista Metty Petersen. The foundation began with an initial capital of DKK 3,208,387 and made its first grant distribution in the same year. It has been distributing support continuously since 1949. KV Fonden's stated mission is to distribute at least DKK 25 million in support every year. Its value base is described as care, development and health (omsorg, udvikling og sundhed). The foundation supports general and humanitarian purposes within four main areas: education, research, sport, and socially vulnerable people. Within the social area, it supports single mothers, people affected by illness, and people with disabilities, among others, with grants of DKK 15,000. It also funds study trips for young students, researchers and selected research projects. In the sports area, it supports associations, talent development and health-promotion projects. The foundation operates a digital application portal and publishes application deadlines. It has formed partnerships with Danish sports and disability organisations. For example, KV Fonden was a top partner (Toppartner) of Parasport Danmark ahead of the 2024 Paralympic Games, and in 2026 it extended its support until 2030 while increasing its financial contribution to DKK 1.5 million per year. It also supported LykkeLiga with DKK 2 million in 2025 and 2026 for the running of its festive events. As a commercial foundation, KV Fonden has no listed shares and is not a conventional company; it is a self-governing philanthropic entity under Danish foundation law. Its activities are funded from its endowment and commercial assets, and its grants are awarded to individuals, associations and research projects, primarily in Denmark.

The Krista og Viggo Petersen Foundation was established on 1 March 1949 by the married couple Viggo Gotfred Petersen and Krista Metty Petersen. The foundation's initial capital was DKK 3,208,387, and it made its first grant distribution in the same year. Since then, it has continuously distributed support, as stated on its official website: 'Vi har uddelt støtte siden 1949' (We have distributed support since 1949). The foundation is a commercial foundation (erhvervsdrivende fond) under Danish law, meaning it has an endowment and may carry on commercial activities to fund its philanthropic purposes. Its stated value base is care, development and health. Over the decades, its grant-making has focused on four main areas: education, research, sport, and socially vulnerable people. In the social area, it supports single mothers, people affected by illness, and people with disabilities with grants of DKK 15,000. In education and research, it supports students, researchers and selected research projects, including study trips for young students. In sport, it supports associations, talent development and health-promotion projects. The foundation operates a digital application portal and publishes application deadlines. It has formed partnerships with Danish organisations. Ahead of the 2024 Paralympic Games, KV Fonden was a top partner (Toppartner) of Parasport Danmark. In 2026, the foundation extended its support to Parasport Danmark until 2030 and increased its financial contribution to DKK 1.5 million per year. It also supported LykkeLiga with DKK 2 million in 2025 and 2026 for the running of its festive events. The foundation's current goal is to distribute at least DKK 25 million in support annually. It remains active and based in Denmark.

• Foundation established by Viggo Gotfred Petersen and Krista Metty Petersen with initial capital of DKK 3,208,387.

• First grant distribution made.

• Served as Toppartner of Parasport Danmark ahead of the 2024 Paralympic Games.

• LykkeLiga received DKK 2 million in support.

• Extended support to Parasport Danmark until 2030 and increased annual contribution to DKK 1.5 million.

A Danish commercial foundation focused on care, development and health, distributing at least DKK 25 million annually to education, research, sport and socially vulnerable people.

• Individual grants of DKK 15,000

  Support for single mothers, people affected by illness, and people with disabilities.

• Study trip support

  Funding for study trips for young students.

• Research funding

  Support for researchers and selected research projects.

• Sports and health project funding

  Support for associations, talent development and health-promotion projects.

1. 1KV Fonden: Støtte til omsorg, udvikling og sundhedkv-fonden.dk
2. 2Krista og Viggo Petersen Foundation - Wikidatawikidata.org