country knut and alice wallenberg foundation
A knight is a person granted an honorary title of " knighthood " by a monarch or other political leader for service to the monarch or country , especially in a military capacity . Historically , in Europe , knighthood was conferred upon mounted warriors . During the High Middle Ages , knighthood was considered a class of lower nobility . By the Late Middle Ages , the rank had become associated with the ideals of chivalry , a code of conduct for the perfect courtly Christian warrior . Often , a knight was a vassal who served as a fighter for a lord , with payment in the form of land holdings . The lords trusted the knights , who were skilled in battle on horseback . Since the early modern period , the title of knight is purely honorific , usually bestowed by a monarch , as in the British honours system , often for non - military service to the country . The modern female equivalent in the ___MASK95___ is Dame . The Knut and Alice Wallenberg Foundation is a private foundation ( Swedish : Knut och Alice Wallenbergs Stiftelse ) , founded in 1917 by a donation of SEK 20 million by the chairman of the Stockholms Enskilda Bank , Knut Agathon Wallenberg and his wife Alice . The foundation is the largest of the Wallenberg foundations , and one of the largest Swedish funders of research . Since its founding the Foundation has disbursed approximately 16 Billion Kronor . The Wallenberg family ( known as The Wallenbergs or simply Wallenbergs ) is a prominent Swedish family renowned as bankers , industrialists , politicians , bureaucrats , diplomats . The Wallenbergs are present in most large Swedish industrial groups , like Ericsson , Electrolux , ABB , SAS Group , SKF , AIK , Atlas Copco and more . In 1990 and subsequent years , the " Wallenberg sphere " controlled nearly one - third of the GDP of ___MASK87___ . Knut Agathon Wallenberg , ( 19 May 1853 - 1 June 1938 ), was a Swedish banker and politician , he was also Knight of the Order of the Seraphim . He was son of the banker and politician André Oscar Wallenberg , and his wife Catharina Wilhelmina Andersson . In 1878 , he married Alice Nickelsen . He was a member of the prominent Wallenberg family . A Found Operations in the ___MASK47___ and or a private foundation in the ___MASK97___ is a legal entity set up by an individual , a family or a group of individuals , for a purpose such as philanthropy or an object legal in the economic operation . The Bill & Melinda Gates Foundation is the largest private foundation in the U . S . with over $ 38 billion in assets . However , most private foundations are much smaller . Approximately two - thirds of the more than 84 , 000 foundations which file with the IRS , in 2008 , have less than $ 1 million in assets , and 93 % have less than $ 10 million in assets . In aggregate , private foundations in the U . S . control over $ 628 billion in assets and made more than $ 44 billion in charitable contributions in 2007 . Stockholms Enskilda Bank , sometimes called Enskilda banken or SEB , was a Swedish bank , founded in 1856 by André Oscar Wallenberg as Stockholm ' s first private bank . In 1857 , Stockholms Enskilda Bank began to employ women , claiming to be the first bank in the ___MASK21___ doing so .