The Arctic Circle Foundation is a nonprofit organization according to Icelandic law and is responsible for the financial aspects of the Arctic Circle.

Board Members:

H.E. Ólafur Ragnar Grímsson, Chairman of the Board

Brynhildur Davíðsdóttir, PhD

Dagfinnur Sveinbjörnsson

Frederik Paulsen

Þorsteinn Þorsteinsson, PhD

A sister foundation, Arctic Circle Foundation Inc. US has also been established with a non-profit tax exemption status under(IRC) Section 501(c)(3) according to American law.

Board Members:

H.E. Ólafur Ragnar Grímsson, Chairman of the Board

Krista Amason

Warren Amason

Frederik Paulsen

Peter Seligmann