It was put up after the Second World War.
In spite of its limited size, the fund has been able to do a lot for students from Sweden and Norway.
According to Mr. Klingberg the fund is a sign of goodwill and so is the Voksenaasen centre. He said the source of the fund is mainly from trading activities between the two countries. He disclosed that until 1975, Voksenaasen was managed through the fund and was more of a cultural centre and not commercial guest centre.
"When they build out to a hotel, they switched to a professional operator; therefore the fund withdrew its support. But then, it still sends money for cultural activities".
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