In 2021, Initiatives of Change Sweden registered a new foundation to specifically take responsibility for IofC's capital - the Foundation for a Spiritual and Moral Renewal. 

The Foundation for a Spiritual and Moral Renewal was formed to take care of the capital from IofC -Sweden. In the 1950´s hundreds of people committed to the ideas of Frank Buchman, gave their money, time and energy to buy and create the IofC centre, Alnäs in Stockholm. Alnäs was sold in 2000, and the capital invested. Since then, the interest from the capital has been used to support the work of IofC in Sweden and the world. FSMR constitution commits us to carry on using the capital to forward the work initiated by Frank Buchman as the original donors wished.

The new Foundation has its own statutes and has a board with representatives from Norway, Denmark, Finland, Sweden and England. 

The Foundation will be giving grants twice a year in March and September. The deadlines for application are January 31st and July 31st. If you wish to apply you will need to study the statutes carefully and then register on this website.