Background & Purpose
Previously, Swedish rules stated that a maximum of one-tenth of the funds from the General Inheritance Fund could be distributed to projects for older people, limiting financial support compared to other target groups.
The Decision
The Swedish parliament voted to remove the funding limit, allowing projects for older people to receive a larger share of the resources.
Does this affect you?
- Older people: Receive better opportunities for non-profit initiatives, projects, and activities aimed at improving their quality of life.
- Non-profit organizations: Gain greater flexibility to apply for grants from the fund for projects focused on seniors without strict financial caps.
In Practice
- The rule capping financial support for the elderly at one-tenth of the fund's distributable assets is removed.
- Projects focusing on older people can now compete for funding on the same terms as projects for children, youth, and people with disabilities.
- Non-profit organizations can apply for broader financial support for initiatives directed at seniors.