Knut And Alice Wallenberg Foundation
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Knut and Alice Wallenberg Foundation (KAW) () is a Swedish public and private foundation formed in 1917 by Knut Agathon Wallenberg and his wife Alice Wallenberg. It was created to support research in the natural sciences, technology and medicine by awarding long-term grants to basic research of the highest international class.


Governance

From its start in 1917 to 1971 the board members of the Foundation were mostly from the
Wallenberg family The Wallenberg family is a prominent Swedish family of bankers, industrialists, politicians, bureaucrats and diplomats, present in most large Swedish industrial groups, including EQT AB, Ericsson, Electrolux, ABB, SAS Group, SKF, Atlas Copco, ...
. In 1971 a Council of Principals was established which changed the membership pattern, and the academics began to serve as board members of the KAW. Then politicians from the Centre Party were also assigned to the board, including ,
Anders Dahlgren Anders Dahlgren (23 December 1925 – 24 March 1986) was a Swedish politician. He was a member of the Centre Party. He served at the Riksdag (lower chamber) 1961–1970, and of the unicameral Riksdag 1970 to his death in 1986. From 1982 to 1 ...
, and
Thorbjörn Fälldin Nils Olof Thorbjörn Fälldin (24 April 1926 – 23 July 2016) was a Swedish politician and farmer who served as the prime minister of Sweden from 1976 to 1978 and again from 1979 to 1982, heading three non-consecutive cabinets. He was the ...
.


Funding

Since its establishment it has approved funding of just over SEK 27.2 billion to Swedish research and education. Almost SEK 14.5 billion of this was awarded between 2008 and 2018. The funding allocated annually in recent years of almost SEK 2 billion has given the Foundation its position as one of the largest private research foundations in Europe. Knut and Alice Wallenberg Foundation is the largest of the 16 foundations formed on the basis of donations from members of the Wallenberg family, or created with funds raised in honor of Wallenberg family members. The foundations are referred to collectively as the Wallenberg Foundations, and award grants totaling approximately SEK 2.2 billion each year.


See also

*
Foundation Asset Management AB Foundation Asset Management AB (FAM AB) is a Swedish asset management company, founded by the three largest Wallenberg foundations in order to manage their assets, by means of direct ownership as well as through management and consultancy agreem ...
(FAM) *
Skandinaviska Enskilda Banken Skandinaviska Enskilda Banken AB (; lit. "Scandinavian Private Bank"), abbreviated SEB, is a Swedish bank headquartered in Stockholm, Sweden. In Sweden and the Baltic countries, SEB has a full financial service offering. In Denmark, Finland, Nor ...
(SEB) *
Wallenberg family The Wallenberg family is a prominent Swedish family of bankers, industrialists, politicians, bureaucrats and diplomats, present in most large Swedish industrial groups, including EQT AB, Ericsson, Electrolux, ABB, SAS Group, SKF, Atlas Copco, ...
* Wallenberg AI, Autonomous Systems and Software Program


References


Further reading


Knut and Alice Wallenberg Foundation – 100 years in support of excellent Swedish research and education (book)


External links

* {{Authority control Foundations based in Sweden Companies related to the Wallenberg family 1917 establishments in Sweden