The Marcus Wallenberg Foundation
Accepts applications
The Marcus Wallenberg Foundation is a private foundation in New York, New York. In tax year 2024 it gave $135,000 in 2 grants; the typical grant was $67,500 and the largest $75,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$135,000
- Number of grants2
- Typical grant$67,500
- Largest grant$75,000
- Assets$2.9 million
Giving in 2024 was down from $185,000 the year before.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $185,000 | 2 | $2.9 million |
| 2024 | $135,000 | 2 | $2.9 million |
How to apply
Its grants go to individuals, not organizations. Every grant in its 2024 filing was paid to an individual (for example a scholarship or assistance with costs), so it is not a funding prospect for a nonprofit.
| Contact | The Marcus Wallenberg Foundation C/O Henry Gooss 1133 Park Avenue, Apt 7W, New York, NY 10128 |
|---|---|
| Phone or email | (212) 541-1264 |
| What to submit | IRS determination letter dated june 10, 1985. Grant applications shall be delivered or mailed to the marcus wallenberg foundation within such time as the board of directors may from time to time require. Applicants must submit a complete biographical record and supporting material, including a report on their academic and professional careers, school transcripts, a detailed statement of their training plans, a statement of their plans and commitments after receiving their degree or completing their project, letters of reference (which include recommendations from instructors) and lists of publications. Applicants must also provide any other information the board of directors may, upon adequate notice, request. Each individual grant will provide remuneration to be decided upon at the discretion of the board of directors upon recommendation of the managing director. |
| Restrictions | Each grant will be awarded or a period of time to be decided upon by the board of directors. Renewal of the grant for any succeeding periods is contingent upon evidence of adequate performance at the time of review. In no event will a grant last more than four years. The board reserves the right to modify the duration of any grant if it determines that the grantee is not making satisfactory progress in his project or studies. Grant awards are conditioned upon the use of grant funds in furtherance of the purposes of the program. The provisions of the program shall be construed so as to be consistent with the requirements of code sections 4945(g) and 117. |
Foundation website IRS filings on ProPublica
What The Marcus Wallenberg Foundation funds
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Individual | To further educational studies | $75,000 |
| Individual | To further educational studies | $60,000 |
Officers and trustees
- Peter Wallenberg Jr
- Henry E Gooss
- Goran Sandberg
- Karin J Barkhorn
- Ingrid Sundstrom
Questions people ask
Does The Marcus Wallenberg Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does The Marcus Wallenberg Foundation give?
$135,000 in tax year 2024, across 2 grants, with a typical grant of $67,500.
Who runs The Marcus Wallenberg Foundation?
Its 2024 filing lists Peter Wallenberg Jr (President/ Director), Henry E Gooss (Treasurer/ Director), Goran Sandberg (Director) and Karin J Barkhorn (Secretary/ Director) among 5 officers and trustees.
What does The Marcus Wallenberg Foundation fund?
Based on its grants, mainly education and international.