Baugur Group distributes grants Skip to content

Baugur Group distributes grants

Iceland-based investment company Baugur Group distributed grants from a special charity fund to 43 individuals yesterday worth ISK 56.5 million (EUR 632,700, USD 818,900) in total.

Musician Gunnar Thórdarson received ISK 2.6 million (EUR 29,300, USD 37,900) directly from Jóhannes Jónsson, chairman of the charity fund, as reported in Fréttabladid.

The grant is meant to finance the release of an album with Thórdarson’s composition Brynjólfsmessa (“The Mass of Brynjólfur”).

Thórdarson wrote Brynjólfsmessa to honor the memory of Brynjólfur Sveinsson, who served as bishop in Skálholt from 1639 to 1674 to commemorate his 400th birthday last spring.

According to Fréttabladid, Baugur also supported the Icelandic Theater Awards Gríman (“The Mask”), with ISK five million (EUR 56,300, USD 72,900) over the next two years.

The Baugur charity fund was founded in June 2005 to support various charities, culture and art projects in Iceland. Grants were distributed from the fund for the third time yesterday.

Click here to read more about Baugur.

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