The Signe and Olof Wallenius Foundation was formed in 1984, in connection to the 50th anniversary of Wallenius Lines. The purpose of the foundation is to promote scientific research and development and to support education, primarily in the shipping industry. More than one hundred grants are awarded each year, to institutions, research projects and individual students.
Olof Wallenius’ grandchild, Mats Kleberg, passed away in 1999, only 26 years of age. A few years later the Mats Kleberg Foundation was formed. The purpose of the foundation is to promote the care and development of children, to provide teaching and education grants, and to promote scientific research into heart and lung disease in Sweden and abroad. Each year, some 25 grants are awarded.