 Knut and Alice Wallenberg Foundation is the largest of the 16 foundations formed on the basis of donations from members of the Wallenberg family, or created with funds raised in honor of Wallenberg family members.The foundations are referred to collectively as the Wallenberg Foundations, and award grants totaling approximately SEK 2.2 billion each year.Knut and Alice Wallenberg Foundation – 100 years in support of excellent Swedish research and education (book)