# Cultiva Foundation

Cultiva Foundation is a Foundation based in Kristiansand, Norway.

## Overview

- **Organization type:** Foundation
- **Headquarters:** Kristiansand, Norway
- **Region:** Europe
- **Address:** Kristiansand, Norway
- **Founded:** 2000
- **Assets under management:** Undisclosed
- **Website:** www.cultiva.no
- **LinkedIn:** https://www.linkedin.com/company/cultiva

## Regulatory record

- **Reports private funds:** No

## About

Cultiva Foundation was established in 2000 by Kristiansand Municipality. Proceeds from the sale of shares in Å Energi formed the endowment. Erling Valvik, Bjarne Ugland, and Tore Austad shaped the original mandate. The foundation awards grants for projects that create or expand art, cultural, and educational facilities. Confirmed holdings include stakes in Kilden Performing Arts Centre, Kunstsilo, and Sørlandet Kunnskapspark. Activity remains confined to Kristiansand and adjacent Agder-region sites. No external fund commitments or co-investments with third-party managers appear in the record. Kirsti Mathiesen Hjemdahl serves as Managing Director. Kjersti Løken Stavrum chairs the board. The foundation maintains direct ownership of several Kristiansand properties and the Tangen Collection at Kunstsilo. University of Agder functions as a recurring project partner. Governance ties the endowment to the founding municipality through share-sale proceeds and ongoing local project selection.

## Sectors

- Arts & Culture
- Education
- Real Estate

## People

- Kirsti Mathiesen Hjemdahl — Managing Director / CEO
- Kjersti Løken Stavrum — Board Chair
- Erling Valvik — Former Director/CEO

## Questions

### Who runs investment decisions at Cultiva Foundation?

Kirsti Mathiesen Hjemdahl serves as Managing Director. Kjersti Løken Stavrum chairs the board. Decisions center on grant allocation rather than portfolio construction.

### Does Cultiva Foundation participate in fund commitments or only direct deals?

The foundation awards direct grants to local projects. No external fund commitments are recorded.

### What geographic footprint does Cultiva Foundation maintain?

All activity occurs inside Kristiansand and the Agder region of Norway.

### Which institutions has Cultiva Foundation supported?

Supported projects include Kilden Performing Arts Centre, Kunstsilo, and Sørlandet Kunnskapspark.

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Last updated: 2026-06-03T20:00:00.000Z

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