The Finsefondet is an independent foundation that was established in 1988. The main purpose of the fund is to award annual scholarships that will contribute to the protection of Norwegian mountain nature. The scholarships focus on promoting knowledge and developing practical solutions to environmental problems, with an approach that emphasizes local action in a global context.
The scholarship is usually awarded in May each year, and the ceremony takes place at Finse. The size of the scholarship varies from NOK 100,000 to NOK 300,000, depending on the scope and needs of the project. The name "Finsefondet" symbolizes a balance between technology and the environment, which is reflected in the fund's objectives and activities.