Sparebankstiftelsen DnB NOR is a Norwegianfoundation. The foundation gives financial contributions to a wide range of charitable causes, and is the second largest shareholder of the financial servicescompanyDnB NOR. The foundation's capital is a result of accumulated profits from the former savings banks which are now part of DnB NOR. The foundation may allocate up to 25% of the paid dividends to charity, with the purpose of continuing the savings banks' tradition of giving monetary gifts to non-profit causes. The board of the foundation is elected among all the customers of DnB NOR.In addition to giving direct financial contributions, the Savings Bank Foundation invests in causes that benefit the general public. In 2005, they founded the instrument fund, dextra Musica, with the aim to promote classical music. The fund owns a valuable collection of string instruments which have been placed at the disposal of Norwegian musicians. Furthermore, the foundation invests in fine art which is being exhibited at art museums in Norway.