In 2021 Marianne and Marcus Wallenberg Foundation awarded grants of SEK 162 million to different programs and projects.
Focusing on social sciences
The Foundation primarily grants funding for projects related to social sciences. From time to time, the Foundation also initiates strategic projects and scholarship programs like WASP – HS.
Wallenberg Artificial Intelligence, Autonomous Systems and Software Program – Humanities and Society (WASP–HS)
As a complement to KAW’s WASP-program a research program has been created to study the human and societal aspects of AI and autonomous systems – WASP-HS.
Marianne and Marcus Wallenberg Foundation and Marcus and Amalia Wallenberg Foundation together are investing in the WASP-HS research program that will analyze ethical, economic, labor market, social, cultural and legal aspects of technological transition.
Total amount almost SEK 3.2 billion
Since the establishment of the Foundation, almost SEK 3.2 billion has been granted in the form of project grants, scholarships and funding of research positions, of which SEK 951 million over the past five years.
The Wallenberg Foundations
The Wallenberg Foundations is the collective name for the 16 non-profit foundations funded by, or in honor of individual members of the Wallenberg family.
The three largest of the Wallenberg Foundations is Knut and Alice Wallenberg Foundation, which promotes scientific research within the natural sciences, technology and medicine, Marianne and Marcus Wallenberg Foundation (scientific research mainly within the social sciences) and Marcus and Amalia Wallenberg Foundation (scientific research mainly within the humanities).
In 2021, the Wallenberg Foundations granted a total of just over SEK 1.8 billion (2020: 2.4) in grants. The 2021 grants were affected by the ongoing pandemic and consequently reduced returns. The long-term level of yearly grants of just over SEK 2.6 billion is planned to be restored within the next few years.