Signe and Olof Wallenius Foundation
The Signe and Olof Wallenius Foundation (Signe och Olof Wallenius Stiftelse in Swedish) was established in 1984 in conjunction with Wallenius Lines' 50th anniversary celebrations. The purpose of the foundation is to promote scientific research and development and to support education, primarily in the shipping industry. Each year, more than one hundred grants are awarded to institutions, research projects and individual students.
Mats Kleberg Foundation
Olof Wallenius' grandchild, Mats Kleberg, passed away in 1999, at just 26 years of age. A few years later, the Mats Kleberg Foundation (Mats Klebergs Stiftelse in Swedish) was established in order to promote the care and development of children, to provide teaching and education grants, and to promote scientific research in heart and lung disease in Sweden and abroad. Each year, as many as approximately 25 grants are awarded.