The Foundation statutes
The statutes for both Foundations set out broadly formulated objects, meaning that donations from the Foundations can be made to benefit a wide range of non-profit purposes. This way, the statutes readily permit the Foundations’ donations to be spread widely across many purposes and beneficiaries. This enables the Foundations to identify niches in which, in a given period, special needs exist for funding, without the Foundations being perpetually bound to these under their statutes.
The Foundations can thus be highly instrumental in facilitating an especially vital undertaking for non-profit foundations; that being to promote opportunities for those innovative forces, budding talents and competent pioneers who find it more difficult to secure financing for their projects than more established counterparts. These agents of change, who often break with convention, frequently have a significant part to play in ‘society’s great experimental laboratory’, which rings changes in society and human perceptions. The achievements of such change agents are wholly in keeping with Villum Kann Rasmussen’s tenet that “a single experiment is better than a thousand expert views”.