Finnish Cultural Foundation is an independent foundation located in Helsinki, Finland. Established in 1939, the foundation is dedicated to promoting the arts, science, and other fields of intellectual and cultural endeavor in Finland. The Foundation provides grants to individuals, groups, and organizations from a central fund and 17 regional funds, and arranges courses, lectures, and other events. The board of trustees is responsible for administering the foundation's assets.Finnish Cultural Foundation's investment portfolio is valued at EUR 1 billion, with investments in domestic and international equity, fixed income, private equity, and cash.