Delegation
At the Annual General Meeting, the members of the Association for the Foundation for Economic Education elect from among themselves, on the proposal of the Nominations Committee, a Delegation for the Association. The term of office of the Delegation is three calendar years. The Delegation meets twice a year. It comprises no fewer than 36 and no more than 48 members, of whom approximately one third retire annually by rotation (Articles 12 and 13 of the Association’s Rules).
The delegation of the Foundation for Economic Education 2026
Governing Board
On the proposal of the Nominations Committee, the Delegation elects the Board, which consists of 6 to 10 members of the Association. The term of office of a Board member is three years, with one third of the members retiring annually by rotation. A Board member may be elected for no more than four consecutive terms of office. The Board appoints, for a term of one year at a time, a Grants Committee for the Association, decides on the allocation of grants, and appoints the Managing Director (Articles 7 and 8 of the Association’s Rules).

Chairman of the Board
Timo Löyttyniemi

1st Vice Chair of the Board
Kristina Pentti-von Walzel

2nd Vice Chair of the Board
Jaana Sandström

Member of the Board
Timo Korkeamäki

Member of the Board
Satu Helkama

Member of the Board
Sanna Suvanto-Harsaae

Member of the Board
Janne Timonen
Grants committee
The duties of the Grants Committee are to:
- consider applications relating to grants and awards
- submit to the Board proposals for decisions on grants, unless the right to make such proposals is otherwise provided for under the fund regulations
- prepare for the Board proposals on strategic grant policies, monitor their continued relevance, and, where necessary, propose amendments to those policies
(Rules of Procedure of the Grants Committee, Sections 1 and 2)
The Board appoints the members of the Grants Committee, as well as its Chair and Vice-Chair. The Grants Committee of the Foundation for Economic Education comprises Jaana Sandström (Chair), Alexander Bargum, Markus Granlund, Hanna-Leena Pesonen (Vice-Chair), Salla Pöyry, and Janne Timonen.
