The foundation was established on 9th December 1985 upon the decision of Unitas Oy’s Board of Directors. The initial funding was 3,000,000 Finnish marks.
The purpose, in accordance with the Charter of Foundation, was to support and promote the wide-scale securities savings on an ideological basis, develop the securities markets as well as form risk capital for the Finnish economy through the securities markets as well as related research and publication operations.
The aforementioned purpose was included in the rules of the foundation.
The foundation was authorised to be established on 3/10/1986 and the foundation was registered in the Register of Foundations on 16/10/1986. The foundation’s actual operations started the same year.
In order to achieve its purpose, the foundation annually supports research and publication operations concerning securities savings and the development of the securities markets by means of grants and other measures.