Dr. Tech. Marcus Wallenberg (1899-1982) established the Marianne and Marcus Wallenberg Foundation in connection with his wife’s 70th birthday in 1963. When Marcus Wallenberg passed away, the Foundation was the residuary legatee of his estate. The initial endowment amounted to SEK 40.6 million.

Grants in 2016 amounted to SEK 184 million. The Foundation has distributed more than SEK 2.2 billion in grants since its establishment, mainly to Swedish universities and other academic institutions.

Focusing on clinical medicine, economics, law and the social sciences. 

The Foundation primarily grants funding for projects related to law, social science and other social sciences together with fellowships in clinical medicine.