In 2019, the Vallien Family, Orrefors Kosta Boda and the Robert Weil Family Foundation established a foundation in memory of Ulrica Hydman Vallien and to continue the legacy of her work.

The foundation is tasked with presenting a scholarship to a young, promising and bold artist. The scholarship consists SEK 90.000 and also includes the opportunity to deepen their artistry in partnership with Orrefors Kosta Boda in the hot shop in Kosta. In 2021 the foundationd opened a new prize awarded to a young student examined from the Swedish National School of Glass.

The board of the foundation consists of Hampus Vallien of the Vallien family; Lina Sjöquist, Secretary General of the Robert Weil Family Foundation,  Maria Lomholt, Head of Art Glass at Orrefors Kosta Boda and Hedvig Hedqvist, design writer and author.