Knut and Alice Wallenberg Foundation
The largest private financier of research in Sweden
The Chairman of Stockholms Enskilda Bank, K. A. Wallenberg, and his wife Alice, founded the Knut and Alice Wallenberg Foundation in 1917 with an initial endowment of 20 million Swedish crowns. They continued to develop the Foundation over the next three decades.
The purpose of the Foundation
The purpose of the Foundation is to promote scientific research, teaching and education beneficial to the Kingdom of Sweden.
Medicine, Technology and Natural Sciences
The Foundation primarily grants funding in natural sciences, technology, and medicine. Projects in other disciplines may receive support on the condition that they are related to research questions of relevance to natural sciences, technology, and medicine.
The Foundation grants funding in the following areas; research projects of high scientific potential and individual support of excellent scientists. The Foundation also initiates strategic projects and scholarship programs.
The Foundation approves yearly grants totaling SEK 1.7 billion. During the past five years, the Foundation has granted the total of SEK 7.4 billion for various projects, mainly at Swedish universities. Since the establishment of the Foundation more than SEK 21.8 billon has been granted.
All applications to the Foundation must go through the Universities internal prioritization process. Applications submitted to the Foundation will be exposed to an extensive international peer-review procedure.