Knut and Alice Wallenberg Foundation (KAW) (Swedish: Knut och Alice Wallenbergs Stiftelse) is a Swedish public and private foundation formed in 1917 by Knut Agathon Wallenberg and his wife Alice Wallenberg. It was created to support research in the natural sciences, technology and medicine by awarding long-term grants to basic research of the highest international class. . Governance. From its start in 1917 to 1971 the board members of the Foundation were mostly from the Wallenberg family.
https://en.wikipedia.org/wiki/Knut_and_Alice_Wallenberg_Foundation