# C.L. Davids Fond og Samling

C.L. Davids Fond og Samling is an Endowment / Foundation based in Copenhagen, Denmark.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Copenhagen, Denmark
- **Region:** Europe
- **Address:** Kronprinsessegade 30-32, 1306 Copenhagen, Denmark
- **Founded:** 1945
- **Assets under management:** ~$334 million (Altss estimate)
- **Website:** davidmus.dk
- **LinkedIn:** https://dk.linkedin.com/company/davids-samling

## Regulatory record

- **Reports private funds:** No

## About

The foundation emerged from the will of Christian Ludvig David, a successful Danish lawyer and businessman who died in 1960 and left his art collection, properties, and capital to form C.L. Davids Fond og Samling. It opened The David Collection museum in Copenhagen that year, housing one of the West's finest collections of Islamic art alongside European 18th-century and Danish early modern works. Investment activity orbits the foundation's dual purpose: preserving and expanding its art holdings — spanning European 18th-century art, Danish modern art, and a premier Islamic Art Collection that includes pieces from Bayt Al-Aqqad in Damascus — while managing a portfolio of Copenhagen commercial real estate. Directly held properties include Kronprinsessegade 30 and 32, mixed-use buildings that house the museum and generate rental income. The foundation is a founding member of Fondenes Videnscenter, the Danish philanthropic foundation association, and participates in the Parkmuseerne museum district network. The board, chaired by Torsten Hoffmeyer, oversees a compact leadership group: Joachim Meyer directs the foundation and museum, Poul Erik Tøjner sits on the board while running the Louisiana Museum of Modern Art, and Søren Skov handles finance and economics. The foundation supports the Louisiana Channel through a long-term collaboration with the Louisiana Museum. In recent years, the museum has mounted exhibitions linking its holdings to broader cultural history — a 2024 show on artists Martinus Rørbye and Gottlieb Bindesbøll's 1835 journey to Constantinople, for instance — reinforcing the collection's role as an active scholarly resource. The architecture is what sets C.L. Davids Fond og Samling apart: it is a single entity, not a museum with a separate endowment. The foundation owns the museum, its real estate, and the art itself, with no external investment committee or outsourced management. Governance sits entirely with the board, merging cultural stewardship and financial oversight into one structure — a rare design that eliminates the tension between curatorial ambition and fiduciary return common in Anglo-American trust-and-museum splits.

## Sectors

- Real Estate
- Media & Entertainment

## People

- Torsten Hoffmeyer — Chairman of the Board
- Joachim Meyer — Director of the Foundation and Museum Director
- Poul Erik Tøjner — Board Member
- Søren Skov — Finance and Economic Director

## Questions

### Who runs investment decisions at C.L. Davids Fond og Samling?

A board chaired by Torsten Hoffmeyer oversees all financial and curatorial decisions. The foundation does not disclose a dedicated investment committee or outside CIO; Finance and Economic Director Søren Skov handles day-to-day financial management. This integrated governance reflects the foundation's single-entity structure, where art stewardship and asset management are not separated.

### How is C.L. Davids Fond og Samling structured as a foundation?

It is a single private foundation that owns and operates The David Collection museum outright. Unlike many Anglo-American institutions where a separate endowment trust manages financial assets, this foundation directly holds the art, the museum buildings at Kronprinsessegade 30-32, and a portfolio of Copenhagen commercial real estate. There is no separate investment entity or external manager.

### What does the foundation's portfolio consist of?

The portfolio has two principal components: the art collection, with world-class holdings in Islamic art, European 18th-century art, and Danish early modern art; and a collection of commercial and mixed-use properties in central Copenhagen, including the buildings that house the museum. The foundation does not disclose allocations to public equities, fixed income, or alternative assets.

### Does C.L. Davids Fond og Samling co-invest with other institutions?

The foundation maintains a documented long-term collaboration with the Louisiana Museum of Modern Art, supporting the Louisiana Channel. Board member Poul Erik Tøjner simultaneously directs the Louisiana Museum, creating a personnel link between the two institutions. No other co-investment vehicles or external partnerships are publicly disclosed.

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Last updated: 2026-08-11T02:43:31.692Z

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