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Nobel Foundation
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private institution managing the finances and administration of the Nobel Prizes
The Nobel Foundation is a private organization that manages the money and day-to-day operations behind the famous Nobel Prizes, which are awarded annually to people who have made outstanding contributions to physics, chemistry, medicine, literature, peace, and economic sciences. It matters because it ensures that these prestigious international awards—among the world's most respected honors—run smoothly and maintain their credibility and independence.
AI-generated from the Wikipedia summary — may contain errors.
Key facts
- Formation
- 29 June 1900 ; 125 years ago ( 1900-06-29 )
- Headquarters
- Stockholm , Sweden
- Website
- nobelprize.org/the-nobel-foundation
via Wikipedia infobox
Research organization · ROR
- Type
- Nonprofit
- Founded
- 1900
- Location
- Stockholm, Sweden
- Also known as
- Nobel Prize
- Status
- Active
GRID grid.451855.8 · ISNI 0000 0004 0607 7332
~9 min read
Encyclopedic overview
The Nobel Foundation is a private institution founded on 29 June 1900 to manage the finances and administration of the Nobel Prizes. The foundation is based on the last will of Alfred Nobel, the inventor of dynamite.
It also holds Nobel Symposia on important breakthroughs in science and topics of cultural or social significance.
Excerpted from Wikipedia’s “Nobel Foundation” article, available under the CC BY-SA 4.0 licence.