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Also known as: C/O BRYAN CAVE LEIGHTON PAISNER LLP
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The Marcus Wallenberg Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1983. The principal officer is Bryan Cave Leighton Paisner Llp. It holds total assets of $2.5M. Annual income is reported at $45K. Total assets have grown from $1.9M in 2011 to $2.7M in 2022. The foundation is governed by 5 officers and trustees. Tax records are available from 2021 to 2023. According to available records, The Marcus Wallenberg Foundation has made 5 grants totaling $360K, with a median grant of $70K. Annual giving has grown from $90K in 2022 to $270K in 2023. Individual grants have ranged from $65K to $90K, with an average award of $72K. The foundation has supported 2 unique organizations. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
The Marcus Wallenberg Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 5 grants.
The Marcus Wallenberg Foundation has distributed a total of $360K across 5 grants. The median grant size is $70K, with an average of $72K. Individual grants have ranged from $65K to $90K.
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.
The Marcus Wallenberg Foundation is headquartered in NEW YORK, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Goran Sandberg | DIRECTOR | $0 | $0 | N/A |
| Ingrid Sundstrom | VICE PRESIDENT/ DIRECTOR | $0 | $0 | N/A |
| Karin J Barkhorn | SECRETARY/ DIRECTOR | $0 | $0 | N/A |
| Peter Wallenberg Jr | PRESIDENT/ DIRECTOR | $0 | $0 | N/A |
| Henry E Gooss | TREASURER/ DIRECTOR | $0 | $0 | N/A |
Total Giving
$143K
Total Assets
$2.7M
Fair Market Value
$2.6M
Net Worth
$2.7M
Grants Paid
$135K
Contributions
N/A
Net Investment Income
$31K
Distribution Amount
$124K
Total Grants
5
Total Giving
$360K
Average Grant
$72K
Median Grant
$70K
Unique Recipients
2
Most Common Grant
$65K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Axel MattssonTO FURTHER EDUCATIONAL STUDIES | Stockholm | $70K | 2023 |
| Daniel Coolwe Haanyama JohanssonTO FURTHER EDUCATIONAL STUDIES | Vasteras | $65K | 2023 |