The Foundation 2017
During 2017 the Foundation’s centennial has been noted and celebrated in various ways.
Project funding and strategic initiatives
A total of SEK 560 million was awarded in grants to 18 research projects offering high scientific potential.
During the year the Foundation has continued funding strategic projects such as the Wallenberg Autonomous Systems and Software Program, Life Science, the Wallenberg Centre for Protein Research, the Wallenberg Centre for Research in Molecular Medicine and Wallenberg Wood Science Center.
Now and then the Foundation, through specific grants, fund basic research that may drive the development of innovative technology that will contribute to Sweden’s long-term progress as a research and industrial nation.
During the year the Foundation decided to support knowledge building within artificial intelligence, AI, and quantum technology by launching a Jubilee donation amounting to a total of SEK 1.6 billion. The grant to Wallenberg Autonomous Systems and Software Program, WASP, was extended by SEK 1 billion to develop competence in key AI fields and SEK 600 million to establish The Wallenberg Centre for Quantum Technology (WACQT).
Additionally a Jubilee donation amounting to SEK 150 million was granted five Science Centers for promoting interest in science and technology, particularly among the young people of Sweden.
Grants to Individuals
Two Wallenberg Clinical Scholars were announced during the year. The aim of the program is to support clinical research in Sweden by giving the foremost clinical researchers in Sweden good opportunities to combine research with clinical work. Ultimately, the program is expected to include 25 researchers.
During the year 24 researchers were admitted as Wallenberg Academy Fellows. The program supports some of the country’s most promising young researchers in all scientific disciplines.
Thirteen researchers received grants under the mathematics program. The object of the program, which was initiated jointly with the Royal Swedish Academy of Sciences, is to return Swedish research in mathematics to the international forefront. Thirteen researchers who have recently been awarded PhDs in all fields of research were admitted to the Foundation’s postdoctoral program at Stanford University. Three postdoctoral scholarships were awarded in life sciences at the Broad Institute.
Since the establishment in 1917, the Foundation has awarded grants of SEK 25 billion for projects, equipment, and individuals, including SEK 8,4 billion over the past five years.
The Wallenberg Foundations
In 2017 the Wallenberg Foundations awarded grants totaling just over SEK 2,2 billion.
“The Wallenberg Foundations” is a collective term for a number of foundations founded by family members, of which the three largest are the Knut and Alice Wallenberg Foundation, the Marianne and Marcus Wallenberg Foundation and the Marcus and Amalia Wallenberg Foundation.