The Knut and Alice Wallenbergs Stiftelse is the sixth Foundation and our list with an endowment reported to be worth over $5.3 billion in 2012. The purpose of the Foundation is to promote scientific research, teaching and education beneficial to the Kingdom of Sweden.The Foundation primarily grants funding in natural sciences, technology, and medicine. Projects in other disciplines may receive support on the condition that they are related to research questions of relevance to natural sciences, technology, and medicine.
The Foundation grants funding in the following areas; research projects of high scientific potential and individual support of excellent scientists. The Foundation also initiates strategic projects and scholarship programs.
The Foundation approves yearly grants totaling SEK 1.3 billion. During the past five years, the Foundation has granted the total of SEK 5.4 billion for various projects, mainly at Swedish universities. Since the establishment of the Foundation more than SEK 16 billon has been granted.
All applications to the Foundation must go through the Universities internal prioritization process. Applications submitted to the Foundation will be exposed to an extensive international peer-review procedure.
Universities and the scientific royal academies can apply for grants in the following areas:
1. Grants for research projects of high scientific potential
2. Individual support of excellent scientists, Wallenberg Academy Fellows
3. Strategic grants, which are initiated by the Foundation
4. The Foundation’s scholarship program.
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