Marianne and Marcus Wallenberg Foundation (MMW)
Founded: 1963
Purpose: Supports research and education in social sciences, humanities, and law, complementing KAW’s focus on hard sciences.
Assets: Part of the combined SEK 262 billion ($25 billion USD) total across all foundations as of 2023.
Grants: Awards around SEK 100-150 million ($9-14 million USD) annually.
Marcus and Amalia Wallenberg Foundation (MAW)
Founded: 1960
Purpose: Focuses on education and humanities, often funding projects for children and youth development.
Assets: Contributes to the collective endowment of the foundations.
Grants: Similar scale to MMW, with an emphasis on cultural and educational initiatives.
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