Full resolution (JPEG) - On this page / på denna sida - Second part - XVI. Labour Legislation and Social Statistics - 2. Social Condition and Social Statistics - Pension Funds, by H. Burström, Actuary at the Royal Central Bureau of Statistics - Benevolent Institutions, Endowment Funds, etc.
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benevolent institutions.
1097
persons to a total amount of 1,327,864 kronor; the capital of the funds
at the expiration of the year amounted to 28,710,118 kronor. Among
these funds are included the following, standing under the supervision
of the Excheqner Department and having been founded by public funds
for the support of soldiers, especially the common soldiers, namely, the
Vadstena Soldiers’ Out-Pension Fund (4,398,302 kronor in 1900), the
Invalid Pension Fund (2,900,988 kronor), the Conscript Invalid and
Pension Fund (1,627,323 kronor). During 1900 these three funds together
rendered support to 16,804 persons to the amount of 503,646 kronor.
Benevolent Institutions, Endowment Funds, etc.
In the denomination »benevolent institutions» we generally include
endowment funds for various purposes: stipend funds, pensionary funds,
sick-relief funds, and similar institutions, etc. Official statistics for 1895
(quinquennial reports from the Governors of the Läns) specified 9,019
similar institutions with a total capital of 237,750,904 kronor.
These foundations, however, differ so widely that a summary made
in this manner is to a certain extent misleading. For instance, in this
category are included the sick-relief and burial funds, etc., so
common nowadays, supported by members’ subscriptions, and which
therefore can only improperly be termed »benevolent institutions». There
existed 1,704 of these self-help funds in 1895, representing a capital of
101,439,763 kronor. It should be noted that certain of these have
received endowments or contributions from the State or from employers
a. o., whereby their character as »self-help societies» is to some extent
inconsistent. Reports referring to these funds are to be found in previous
articles.
The remaining benevolent institutions mentioned in the report of
1895, were classified as follows according to their objects.
Fonds. Capital.
Funds for poor-relief proper.......................... 2,135 22,087,224 kronor.
Institutions for the care and education of children 1,911 29,882,678 »
Scholarship and educational funds................... 1,706 31.801,080 »
Funds for sick-relief (not self-help)................ 322 11,730,906 >
Pension funds (without fees).......................... 750 2»,710,118
Other funds................................................ 491 12,099,135 ■
Total 7,315 136,311,141 kronor.
Of the above, the pension funds have previously been dealt with on page 1094.
Taken in a wider sense, the majority of these institutions are to some extent of
a kind to be considered as poor-relief funds, or in any case to have for their
object the relief of the poorer classes; on page 257 an investigation is made,
according to which a capital of no less than 77 million kronor out of the above
total of 136 million kronor might be transferred to such poor-relief funds.
The most important of all the Swedish institutions of this nature is the
newly established Nobel Foundation (page 378), with a capital of more than 30 mil-
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