10 Things You Should Know About The Nobel Prize



Nobel Foundation

The Nobel Foundation was founded as a private organization on 29 June 1900. Its function is to manage the finances and administration of the Nobel Prizes. In accordance with Nobel's will, the primary task of the Foundation is to manage the fortune Nobel left.

Who presents the awards

The Royal Swedish Academy of Sciences awards the Nobel Prize in Physics, the Nobel Prize in Chemistry, and the Nobel Memorial Prize in Economic Sciences.

The Nobel Assembly at Karolinska Institute awards the Nobel Prize in Physiology or Medicine.

The Swedish Academy grants the Nobel Prize in Literature and the Nobel Peace Prize is awarded by the Norwegian Nobel Committee.
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