Museumsfonden af 7. december 1966
A Danish commercial foundation that owns Gyldendal A/S and funds the Louisiana Museum of Modern Art.
Last updated September 29, 2026
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Overview
Museumsfonden af 7. december 1966 (the Museum Foundation of 7 December 1966) is a Danish commercial foundation (erhvervsdrivende fond) whose assets derive from its ownership of the publishing house Gyldendal A/S and from the returns on its securities portfolio. Its stated purpose is to carry on non-profit cultural activity and to support such activity, including the purchase of Danish and foreign art created within the last 100 years before acquisition and the donation of that art to the Louisiana Museum of Modern Art. The foundation was established on 7 December 1966 and received royal confirmation on 5 February 1974. It is closely associated with Knud W. Jensen (1916–2000), the founder of Louisiana, who put into practice many of the visionary ideas of his time about modern museum operation, including the wish that art should reach a broad public. The Danish Wikipedia entry describes the foundation as a Danish fund that runs the Louisiana museum and also controls the publisher Gyldendal, and states that it was instituted by Knud W. Jensen on 5 February 1974. The foundation is domiciled at Louisiana, Gammel Strandvej, Humlebæk, Denmark. Poul Erik Tøjner serves as director of the foundation, and Michael Pram Rasmussen is among the persons associated with it. Through its dual role as owner of a major publishing house and benefactor of a leading modern art museum, Museumsfonden af 7. december 1966 occupies a distinctive position in Danish cultural and business life.
History
Museumsfonden af 7. december 1966 was established on 7 December 1966, taking its name from that date. It is a Danish commercial foundation (erhvervsdrivende fond) whose funds originate from the ownership of Gyldendal A/S and from the return on the foundation's securities portfolio. Its purpose is to conduct non-profit cultural activity and to support such activity, including buying Danish and foreign art created within the last 100 years before purchase and donating it to the Louisiana Museum of Modern Art. The foundation is closely linked to Knud W. Jensen (1916–2000), the founder of Louisiana, who put into action many of the visionary ideas of his time about modern museum operation, including a desire that art should have a broad public. The Danish Wikipedia entry states that the foundation was instituted by Knud W. Jensen on 5 February 1974, the same date on which the foundation received royal confirmation according to the official website. The foundation runs the Louisiana museum and also controls the publisher Gyldendal. The foundation is domiciled at Louisiana, Gammel Strandvej, Humlebæk, Denmark. Poul Erik Tøjner is director of the foundation, and Michael Pram Rasmussen is among the persons associated with it.
- 1974
Royal confirmation granted on 5 February 1974; Danish Wikipedia states the foundation was instituted by Knud W. Jensen on the same date.
- 1966
Foundation established on 7 December 1966.
Products and positioning
A Danish commercial foundation dedicated to non-profit cultural activity, notably art acquisition for Louisiana Museum of Modern Art and ownership of Gyldendal A/S.
Product categories. Philanthropic cultural funding · Art acquisition and donation · Ownership of Gyldendal A/S
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