Dr. Tech. Marcus Wallenberg (1899-1982) was very active in Swedish business and industry during his lifetime. He also strongly supported the globalization of industry. 

To honor Dr. Wallenberg, Swedish companies, organizations and private persons donated funds to establish the Foundation in 1982.

Grants in 2018 amounted to SEK 23.3 million. The Foundation has distributed SEK 548 million in grants since its establishment and 2 838 scholarships have been granted for education, mainly in Europe and the U.S., but also in Japan, China, New Zealand, Thailand and other countries.

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Application and review process

Swedish citizens with an academic degree may apply for the scholarship.
Applications submitted to the Foundation will go through a review procedure.

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The Wallenberg Foundations

The Wallenberg Foundations is the collective name for the non-profit public and private foundations established by individual members of the Wallenberg family or in honor of family members. 

The three largest Foundations granted a total of SEK 2.2 billion in 2018.

The largest of the Wallenberg Foundations is the Knut and Alice Wallenberg Foundation, founded in 1917, which promotes scientific research within the natural sciences, technology and medicine.

The other two large foundations are 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 addition, there are a number of other Wallenberg Foundations.